Urban change, circuits of capital, and uneven development

The circuits of capital/uneven development model is widely used in geography, urban planning, and the social sciences. Its principal weakness is its marginalizing of local influences in explaining the intensity and patterning of metropolitan investment. A deeper consideration of local culture, politics, and biographies is needed to sensitize the model to the particularities of place. Local creative actors set in motion place-specific forms of change whose logic is tied to structured circumstances. Key Words: circuits of capital, restructuring, investment, built environment.