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Mega-project meltdown: Post-politics, neoliberal urban regeneration and Valencia’s fiscal crisis

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  • Amparo Tarazona Vento

Abstract

Drawing on the literature of post-politics and post-democracy, the literature of neoliberalism as mode of governance and the study of the city of Valencia’s long-standing emphasis on the development of prestige mega-projects of iconic architecture as a means to achieve economic regeneration and urban revitalisation, this paper evaluates the social and economic effects of urban mega-projects and analyses them as conduits of neoliberal globalisation and de-politicisation of the public sphere. On the one hand, an urban policy based on the use of mega-projects represents a turn from welfarism to entrepreneurialism which, beyond the evident urban transformation and re-imaging, results in an increase in social inequality, the creation of precarious jobs, and an underinvestment in social services. On the other hand, the mechanisms used to implement mega-projects – including both exceptionality measures and privatisation of management through the creation of semi-public delivery bodies – result in a lack of transparency and democratic control, which in turn lead to more authoritative and privatised forms of decision-making. Moreover, mega-projects – through their focus on expertise and technocracy and a populist politics and discourse constructed around them – play a crucial role in the erosion of democracy and the establishment of a consensual politics where ideological struggle does not exist.

Suggested Citation

  • Amparo Tarazona Vento, 2017. "Mega-project meltdown: Post-politics, neoliberal urban regeneration and Valencia’s fiscal crisis," Urban Studies, Urban Studies Journal Limited, vol. 54(1), pages 68-84, January.
    • Handle: RePEc:sae:urbstu:v:54:y:2017:i:1:p:68-84
    DOI: 10.1177/0042098015625025
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    References listed on IDEAS

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    1. Fernando Diaz Orueta & Susan S. Fainstein, 2008. "The New Mega‐Projects: Genesis and Impacts," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(4), pages 759-767, December.
    2. I Turok, 1992. "Property-Led Urban Regeneration: Panacea or Placebo?," Environment and Planning A, , vol. 24(3), pages 361-379, March.
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