Mark Fisher’s Capitalist Realism and Barking Riverside

Barking Riverside – a place like no other
I finally returned to document the development at Barking Riverside a couple of Sundays ago, late in the afternoon. I’d wrongly assumed that the project was largely complete and had only previously skirted around the fringes, firstly in 2017 and then last October at the end of my walk along the Gores Brook. I’ll confess I’d only done a cursory browse of the developer’s website and saw my visit as merely to observe and document, not to critique or unpick the underlying economics and what this might say about the ongoing reshaping of London. However, one comment on YouTube caught my attention this morning:
“love you John and have for years, but I would have liked you to do more of a critique of the politics of this kind of development; I know you get this stuff – not sure why you avoided it”
This is a fair point and particularly as I approach the self-publication of my book ‘Welcome to New London’ that does indeed take in the political dimensions of some new developments in London. But I hadn’t done an adequate amount of research on this complex development to be able to inform any kind of critique.

Barking Riverside, January 2023

Capitalist Realism and Urban development via ChatGPT

I found myself this afternoon thinking about Mark Fisher’s highly influential book, Capitalist Realism, which I confess I haven’t read but my son has, and talked about it a lot. So I turned to ChatGPT to provide a summary and then relate Fisher’s ideas to the subject of urban development and by extension, I suppose we can see how this relates (or not) to Barking Riverside. Below is my exchange with ChatGPT:

hi – can you give me a summary of Mark Fisher’s Capitalist Realism please?

“Mark Fisher’s Capitalist Realism is a book that argues that the dominant ideology in Western societies is a belief that capitalism is the only viable economic system and that it is natural and inevitable. Fisher contends that this belief, which he refers to as “capitalist realism,” has led to a sense of resignation and hopelessness among many people, making it difficult to imagine alternatives to capitalism and to fight for change. He also argues that this ideology has had a profound impact on culture and art, leading to a focus on surface-level spectacle and a lack of critical engagement with the underlying realities of society. The book explores the ways in which capitalist realism has been reinforced by political and economic changes, and the ways in which it can be challenged.”

Barking Riverside pylons

Is there any way that Fisher’s ideas relate to the development of cities and the built environment?

“Mark Fisher’s ideas about “capitalist realism” can certainly be related to the development of cities and the built environment. In his book, Fisher argues that capitalist realism has led to a sense of resignation and hopelessness among many people, making it difficult to imagine alternatives to capitalism and to fight for change.
In the context of urban development, capitalist realism can be seen as promoting the idea that the current form of urban development is natural and inevitable, and that there are no alternatives to the current patterns of urban growth and development. This can lead to a lack of critical engagement with the underlying realities of urban development, such as the ways in which capitalist urban development can reinforce inequality, lead to displacement of marginalised communities, and contribute to environmental degradation.
Fisher’s ideas can also be related to the ways in which urban development and the built environment are shaped by the demands of capital, or the means of producing and exchanging wealth. The drive for profit can lead to the development of cities that prioritise the needs of business and the wealthy over the needs of the majority of residents. This can manifest in the form of gentrification, where low-income communities are pushed out of neighbourhoods in order to make way for more profitable development.
In summary, Fisher’s ideas about capitalist realism can be applied to the development of cities and the built environment in the sense that they highlight the ways in which capitalist ideology can limit our ability to imagine alternative forms of urban development and obscure the negative impacts of urban development on marginalised communities and the environment.”

ChatGPT’s response here certainly rings true when questioning urban development in London:
– that the current form of urban development is natural and inevitable
– capitalist ideology can limit our ability to imagine alternative forms of urban development

The idea that new homes could be built in collaboration with the local community to meet their housing needs in line with average incomes is seen as being wildly unrealistic. The ratio of social housing to so-called ‘affordable homes’ and private ownership properties is ultimately set by the profit-motive of the developers, despite the low targets set by the GLA. And the cost of ‘affordable homes’ is not based on average incomes, or the incomes in the areas where the homes are being built, but on the balance sheet of the developers.

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