Abstract

America is now half a decade into the worst economic crisis since the Great Depression, triggered by a deeply racialized “innovation” at the social and spatial margin—risky, high-cost mortgage lending—that went mainstream. Predatory capital perfected its operations in poor and working-class black neighborhoods of the deindustrializing inner city, before pursuing the greater volume available across a multiracial array of postindustrial Sun Belt suburbanites. In this article, we map the dangerous spatial configurations of law that reproduced these evolving exploitations. The catastrophic aftermath of predatory financialization may have destabilized the alliance between economic and cultural conservatives that structures so much of America’s racial political economy.

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Additional Information

ISSN
1080-6490
Print ISSN
0003-0678
Pages
pp. 571-604
Launched on MUSE
2012-09-28
Open Access
No
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