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Subprime Disaster Capitalism In New Haven, Jacob D. Miller

Senior Theses and Projects

This thesis seeks to employ the fusion New Haven, Connecticut's municipal legacy with current market forces and players to critically analyze the urban condition. I will utilize Naomi Klein's notion of disaster capitalism to explore how development and management corporations in New Haven capitalized on the subprime crisis to further exploit already marginalized communities through vast land grabs and limited real estate maintenance. New Haven’s current urban composition is the result of a legacy of disproportionate municipal support and selective appropriation of socio-cultural value in the city’s low-income neighborhoods. In order to avoid addressing the systemic inequalities created by the …