Movements of capital and the built Environment: a research note

Abstract

In the light of David Harvey's thesis, this paper reviews some Australian time series data on movements of capital of significance to the built environment. The data suggests that the mechanism of capital switching between ‘circuits of capital’ may be rather more complex than a simple reading of Harvey's thesis suggests. However Harvey's concept of long waves of investment in the built environment is broadly corroborated, with implications for urban policy.