The numbers game - 99

Research output: Contribution to specialist publicationArticle

Abstract

The superstructure of any given society – in this case the
regeneration of our built environment - is determined by its
economic base; the means of production, distribution and
exchange. In an ideal free market unburdened by engineered
scarcity and knowledge imbalances, capital can respond in a
highly flexible and dynamic way to fulfill ‘market demands’.
When the price of a commodity equals the marginal cost, plus
the average rate of profit, the new breed of neo-classical
economist will claim that we have ‘efficiency’ and ‘truth’.
Enviable qualities in our world of waste and spin.
Original languageEnglish
Pages12-12
Number of pages1
Volume40
No.winter 07-08
Specialist publicationScotregen, Scottish Urban Regeneration Forum
Publication statusPublished - 2007

Keywords

  • energy consumption
  • buildings
  • urban regeneration

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