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What to Make of New York's New Economy? The Politics of the Creative Field

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  • Michael Indergaard

    (Department of Sociology, St John's University, 8000 Utopia Parkway, Queens, New York, 11439, USA, indergam@stjohns.edu)

Abstract

Inner-city ensembles featuring novel mixes of culture, technology and commerce are generating synergies of production, consumption and place. Yet, this `new economy of the city' is also linked to contradictory economic impulses and negative effects. Proposing that economistic accounts have a limited ability to explain the rise of these ensembles, their effects and the possibilities for policy, the idea of a `creative field' is revised in order to analyse how politics have shaped a creative ensemble in Lower Manhattan. It is shown that the political influence of real estate has helped to displace firms and residents of modest means, and has stunted campaigns by creative sectors to access resources, build institutions and upgrade capacities. However, a survey of creative industry politics hints at alternative policies that, in the wake of the financial collapse, might promote progressive ties between creative segments and modest neighbourhoods.

Suggested Citation

  • Michael Indergaard, 2009. "What to Make of New York's New Economy? The Politics of the Creative Field," Urban Studies, Urban Studies Journal Limited, vol. 46(5-6), pages 1063-1093, May.
  • Handle: RePEc:sae:urbstu:v:46:y:2009:i:5-6:p:1063-1093
    DOI: 10.1177/0042098009103855
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    References listed on IDEAS

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    Cited by:

    1. Lange Bastian & Streit Anne von, 2013. "Governance of creative industries," ZFW – Advances in Economic Geography, De Gruyter, vol. 57(1-2), pages 122-138, October.
    2. Darja Reuschke & Donald Houston, 2016. "The importance of housing and neighbourhood resources for urban microbusinesses," European Planning Studies, Taylor & Francis Journals, vol. 24(6), pages 1216-1235, June.
    3. Carles Méndez-Ortega & Josep-Maria Arauzo-Carod, 2020. "Do software and video game firms share location patterns across cities? Evidence from Barcelona, Lyon and Hamburg," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 64(3), pages 641-666, June.

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