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The shadow of economic history: the architecture of boom, slump and crisis

Published online by Cambridge University Press:  10 February 2011

Jonathan Charley
Affiliation:
Department of Architecture, University of Strathclyde, 131 Rottenrow, Glasgow G4 0NG, UK, [email protected]

Extract

We gazed with earnest hope for signs of recovery and longed for the airwaves to tell us that ‘the worst is past, economic Armageddon has been averted, and house prices are rising again’. What follows engages with debates on economic development and places the recent crisis in the architectural and building industry in historical context. It argues that it was irrational for architects and contractors to behave as if the boom would go on forever. Capitalist development has always been marked by periodic crises, and building production has always exhibited cycles of expansion and contraction.

Type
theory
Copyright
Copyright © Cambridge University Press 2010

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