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University of California Press

About the Book

Class Meets Land reveals something seemingly counterintuitive: that nineteenth-century class struggles over land are deeply implicated in the transition to twenty-first-century financial capitalism. Challenging our understanding of land financialization as a recent phenomenon propelled by high finance, Maria Kaika and Luca Ruggiero foreground 150 years of class struggle over land as a catalyst for assembling the global financial constellation. Narrating the close-knit histories of industrial land, industrial elites, and the working class, the authors offer a novel understanding of land financialization as a “lived” process: the outcome of a relentless, socially embodied historical unfolding, in which shifts in land’s material, economic, and symbolic roles impact both local everyday lives and global capital flows.

About the Author

Maria Kaika is a planner, urban geographer, and architect. She is Director of the Centre for Urban Studies at the University of Amsterdam. Her books include Turning Up the Heat: Urban Political Ecology for a Climate Emergency, The Political Ecology of AusterityIn the Nature of Cities, and City of Flows.
 
Luca Ruggiero is Professor of Economic and Political Geography in the Department of Political and Social Sciences at the University of Catania, Italy. His books include Tardo industrialismo: Energia, ambiente e nuovi immaginari di sviluppo in Sicilia, La dipendenza energetica dell’Unione Europea: Strategie geopolitiche e scenari innovativi, and Temi di geografia economica.
 

 

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Table of Contents

Contents

List of Illustrations 

Acknowledgments: The Academic Manuscript as a Collective “Labor of Love” 

Introduction: A Timeful Analysis of Class Struggle as a Force of Spatial Production 

PART I. CITY OF INDUSTRY: LAND AS THE MEANS TO FORGE A NEW ANTHROPOLOGICAL TYPE OF WORKING
MEN AND WOMEN (1880–1939)
1. Class Meets Land: Turning Flexible Peasantry into Disciplined Industrial Labor (1880–1922) 
2. Land as Catalyst for Forging Class Consciousness (1922–1939) 

PART II. CITY OF WORKERS: LAND AS SPACE FOR COMMONING AND RADICAL POLITICAL ACTION
(1939–EARLY 1970s)
3. Land as Citadel of Workers’ Anti-Fascist Resistance (1939–1945)
4. “Italy’s Stalingrad” and the “Years of Lead”: Radicalizing Social Claims over 
Industrial Land (1945–Early 1970s) 

PART III. CITY OF TECHNOLOGY: LAND REVANCHISM AS A MEANS OF TRANSITIONING TO HIGH-TECH
CAPITALISM (EARLY 1970s–early 1990s)
5. Land Revanchism and the Unmaking of the Working Class (Early 1970s–1985)
6. The Eureka Moment: “Discovering” Industrial Land as Asset (1985–Early 1990s) 

PART IV. CITY OF FINANCE: LAND AS PURE FINANCIAL ASSET (EARLY 1990s–2020)
7. Land Financialization as a “Lived” Process: From Industrial Commodity Production to 
the Production of Land as Financialized Asset (Early 1990s–2000)
8. Decaffeinated Urbanity: Financialized Land as No-Man’s-Land (2000–2020)
Epilogue: Financialization as “Lived” Process: Moving the Field Forward

Notes 
References 
Index 

Reviews

"Putting industrial workers front and center in urban political ecology, this book opens up exciting new pathways for understanding land financialization from a historical materialist perspective."—Stefania Barca, author of Workers of the Earth

"In this wonderful book, Maria Kaika and Luca Ruggiero show an unusual capacity to integrate localized historical research with powerful theoretical insights about capitalism, land financialization, and circuits of capital. Before the eureka moment when industrial land was reinvented as an asset, trouble had been brewing for decades. The authors bring to light the symbolic and social dimensions of the destruction/creation process, the long-term lived experience of land financialization, where land use and assetization have been transformative for the locality."—Patrick Le Galès, CNRS Research Professor, Sciences Po Urban School and Centre for European Studies and Comparative Politics

"Land is nothing without the labor and laborers who have produced it, live in it, give it meaning, and create its value. As Class Meets Land makes vibrantly clear, what we take to be entirely deracinated—land as a financial asset—is instead the very embodiment of a long history of class struggle. Required reading for anyone who wants to really know what financialization is all about."—Don Mitchell, author of Mean Streets: Homelessness, Public Space, and the Limits of Capital