Socialism 2017
Neoliberal policies of structural adjustment, privatization, financialization, and deregulation of labor and markets have had a profound impact on cities across the world. These policies have involved dramatic cuts in social funding won in the struggles of the 1930s and 1960s, the rise in influence of bond-rating agencies, and the financialization of municipalities. It has brought the demolition and privatization of public housing, budget cuts to public schools, and the resurgence of gentrification on an unprecedented scale, reconfiguring urban spaces in a way that reinforces racial discrimination and economic exclusion. This presentation will examine these changes, as well as the possibilities for urban struggles to resist this process, such as the 2012 Chicago Teachers’ strike.