{"title":"Value magic","authors":"R. Lake","doi":"10.1177/0308518x231154254","DOIUrl":null,"url":null,"abstract":"The urban process encompasses vast structures and practices engaged in creating, extracting, and accumulating value in and from the urban landscape. But what is value and how does it attain its coercive power over urban life? The unreflective deployment of axiomatic assumptions regarding the source and substance of value constitutes a form of magical thinking conjuring something out of nothing and transforming an immaterial abstraction into a material force that is real in its consequences. Unpacking the concept of value reveals a contentious debate regarding the ontological status of value as a driver of the urban process. Alternative formulations posit value as intrinsic or extrinsic, objective or subjective, residing in the world or constructed in the mind, driven by universal law or spatially and temporally contingent. Transcending all such dualisms, a transactional approach drawn from Deweyan pragmatism understands value as a co-constitutive interrelation among a valuing subject, an object of valuation, and the enveloping context in which valuation occurs. The delineation of value's ontology is fraught with political consequences for reproducing or altering the urban status quo. The move toward desired outcomes begins with articulating the foundational assumptions that underlie the value practices propelling the urban process in specific situations. Pluralizing value assumptions focuses the problem on the political question concerning whose value(s) prevail in a given situation. This redefinition shifts the focus from ameliorating current practices of extracting value to politically contesting the value commitments at work in the world.","PeriodicalId":48432,"journal":{"name":"Environment and Planning A-Economy and Space","volume":"174 1","pages":""},"PeriodicalIF":4.6000,"publicationDate":"2023-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Environment and Planning A-Economy and Space","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1177/0308518x231154254","RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENVIRONMENTAL STUDIES","Score":null,"Total":0}
引用次数: 3
Abstract
The urban process encompasses vast structures and practices engaged in creating, extracting, and accumulating value in and from the urban landscape. But what is value and how does it attain its coercive power over urban life? The unreflective deployment of axiomatic assumptions regarding the source and substance of value constitutes a form of magical thinking conjuring something out of nothing and transforming an immaterial abstraction into a material force that is real in its consequences. Unpacking the concept of value reveals a contentious debate regarding the ontological status of value as a driver of the urban process. Alternative formulations posit value as intrinsic or extrinsic, objective or subjective, residing in the world or constructed in the mind, driven by universal law or spatially and temporally contingent. Transcending all such dualisms, a transactional approach drawn from Deweyan pragmatism understands value as a co-constitutive interrelation among a valuing subject, an object of valuation, and the enveloping context in which valuation occurs. The delineation of value's ontology is fraught with political consequences for reproducing or altering the urban status quo. The move toward desired outcomes begins with articulating the foundational assumptions that underlie the value practices propelling the urban process in specific situations. Pluralizing value assumptions focuses the problem on the political question concerning whose value(s) prevail in a given situation. This redefinition shifts the focus from ameliorating current practices of extracting value to politically contesting the value commitments at work in the world.
期刊介绍：
Environment and Planning A: Economy and Space is a pluralist and heterodox journal of economic research, principally concerned with questions of urban and regional restructuring, globalization, inequality, and uneven development. International in outlook and interdisciplinary in spirit, the journal is positioned at the forefront of theoretical and methodological innovation, welcoming substantive and empirical contributions that probe and problematize significant issues of economic, social, and political concern, especially where these advance new approaches. The horizons of Economy and Space are wide, but themes of recurrent concern for the journal include: global production and consumption networks; urban policy and politics; race, gender, and class; economies of technology, information and knowledge; money, banking, and finance; migration and mobility; resource production and distribution; and land, housing, labor, and commodity markets. To these ends, Economy and Space values a diverse array of theories, methods, and approaches, especially where these engage with research traditions, evolving debates, and new directions in urban and regional studies, in human geography, and in allied fields such as socioeconomics and the various traditions of political economy.
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