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Even though manufacturing capital is less of a force in US urban politics than in the past, the industrial sector has certainly not disappeared. The world is more industrialized than ever, and the United States still produces plenty of goods. In fact, manufacturing remains the most important sector…

Different types of capitalists, however, make different demands on the state. Industrial landholders reject environmentally strenuous zoning that restricts the location of their operations in the city; real estate capitalists would welcome such regulations because pollution diminishes their propert…

The real estate state is not new, nor is it all-encompassing. Like the carceral state, the warfare state, the welfare state or the administrative state, it is an expression of government—a component, a bloc, a manifestation, a tendency—that has been around in one form or another for as long as stat…

Global real estate is now worth $217 trillion, thirty-six times the value of all the gold ever mined. It makes up 60 percent of the world’s assets, and the vast majority of that wealth—roughly 75 percent—is in housing. There are a number of reasons why capital is converging on land and buildings: a…