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Alpha city - Rowland Atkinson

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Title
Alpha city - how London was captured by the super-rich
Author
Rowland Atkinson
format
Paperback / softback
Publisher
Verso
Language
English
UK Publication Date
20210525

Description

Who owns London? In recent decades, it has fallen into the hands of the super-rich. It is today the essential 'World City' for High-Net-Worth Individuals and Ultra-High-Net-Worth Individuals. Compared to New York or Tokyo, it has the largest number of wealthy people per head of population. Taken as a whole, London is the epicentre of the world's finance markets, an elite cultural hub, and a place to hide one's wealth.

Alpha City moves from gated communities and the mega-houses of the
super-rich to the disturbing rise of evictions and displacements from
the city. It shows how the consequences of widening inequality have an
impact on the urban landscape. Rowland Atkinson presents a history of the property boom economy, going back to the end of Empire. It tells the story of eager developers, sovereign wealth and grasping politicians, all paving the way for the wealthy colonisation of the cityscape. The consequences of this transformation of the capital for capital is the brutal expulsion of the urban poor, austerity, cuts, demolitions, and a catalogue of social injustices.

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