Urban Studies and Planning Commons^™

Gentrification As An Institution Of Injustice: Understanding The Displacement Of Low-Income Families And Erasure Of Culture, Diana Hernandez

CMC Senior Theses

In the last decade, gentrification has become a world-wide strategy for capital accumulation, but is one that disproportionately prioritizes corporate interests over community interests. Although often disguised as a form of urban revitalization, gentrification economic renewals lead to higher rent prices that consequently pushes poor communities out of their home and makes urban spaces geared towards affluent middle-class families only. Gentrification is not a natural phenomenon, but is instead a man-made project that is rooted in capitalism and neoliberal understanding of the market economy. This paper explores the roots of creating profit by means of privatization, especially when discussing housing. …