Cities under state capitalism

State interventions in urban development and planning are not new to state capitalism, even though intensifying ‘muscular’ state responses to urban challenges can now be observed across the entire geopolitical and urban landscape. This viewpoint explores this intensifying connection between state capitalism, the capitalist state and urban governance. It argues that for strategic geopolitical and economic reasons states increasingly govern, regulate, manage and own parts of the urban built environment. However, regulatory intervention in the city cannot be mistaken for a return to the post-war development state which strongly focused on promoting spatial development and industrial policy and protecting social welfarism and labour conditions. Rather, the new state capitalism is about proactive market intervention so that states and their partners can profit from the growth, wealth and revenue that cities have to offer. As for that, this commentary concludes with four avenues for future research at the boundaries of state capitalism and urban governance. Examples from cities in the Global North, Global South and Global East are given to illustrate the broader argument. Shifting geopolitics are also discussed as a driver of state rescaling and reterritorialisation.<br/><br/>