What is the spatio temporal fix?
Essentially, spatio-temporal fix is to emancipate ‘the values already fixed in place (embedded in the land) but not yet realized’ (Harvey, 2003: 116), so as to ‘fix’ the inherent crisis of capital accumulation.
What is an example of spatial fix?
This type of spatial fix is achieved through securing investment in space in the form of office buildings and communication networks, for example, creating a new environment suitable for capital accumulation. Each form of geographical mobility of capital requires fixed and secure spatial infrastructures.
What is capital crisis?
In crisis theory, a crisis of capital occurs due to what Karl Marx refers to as the internal contradictions inherent in the capitalist system which result in the reconfiguration of production. Accumulation can reach a point where the reinvestment of capital no longer produces returns.
Why is spatial fix important?
So the necessity of a ‘spatial fix’ derives from ‘capitalism’s insatiable drive to resolve its inner crisis tendencies by geographical expansion and geographical restructuring’ (2001e: 24). It is important to distinguish words from concepts.
Why is Harvey interested in spatial fixes and temporal fixes?
Harvey’s work on spatial fixes is obviously rooted in his long-standing interest in land-use patterns and locational dynamics, spatial forms, spatial justice, and urbanism and his later sustained engagement with Marx’s method and theory and with capitalist dynamics (2000d/2001a: 8-10; Merrifield 2003).
How are spatial, temporal, and spatio temporal fixes related?
More recently, he has introduced the term ‘spatio- temporal fix’ to decipher the dynamics of capitalist imperialism and its grounding in the interaction between capitalist and territorial logics of power. These interests are reflected in his successive but overlapping accounts of three interrelated fixes: spatial, temporal, and spatio-temporal.
Where is the creative spatio-temporal fix in Shanghai?
Two rounds of creative spatio-temporal fix are discerned and epitomised in the case of Red Town, an iconic CCIs zone in Shanghai. Drawing on policy analysis and in-depth fieldworks, this study scrutinises into the creativity of the spatio-temporal fix and the spatiality and temporality of the creative fix in Shanghai.
What is the spatiality and temporality of the creative fix?
Third, the spatiality and temporality of the creative fix are manifested in the temporal deferral of the crisis of deindustrialisation and limited spatial reconfiguration at the first stage, and a radical spatial restructuring with a temporal fix introducing financial capital at the second stage. 1. Introduction
