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fewer critics than multiculturalism.

But they about what -and who -should be visible and what
often pit the self-interest of real estate
should not. on concepts of order and disorder,and
developers, politicians. and expansion minded
on uses of aesthetic power.In this primal sense .
cultural institu tions against grassroots
the city has always had a symbolic economy.
pressures from local
Modern cities also owe their existence to a
communities. second, more abstract symbolic economy devised
At the same rime. strangers mingling in by Mplace entre preneurs.'" officials and
public space and fears of violent crime have investors whose ability to deal \\ti.th the symbols
inspired the gro\\'th of private police forces.
of growth yields '°tealu results in real estate
gated and barred communities, and a
development, new businesses,. and jobs.
movement to design public spaces for
Related to this entrepreneurial activity isa th.ird.
maximum surveillance.These. too. are a source
traditional symbolic economy of city
ofcontemporary urban culture.lf one way of
advocates and business elites who, through a
dealing with the material inequalities of city life
combination of philanthropy.civic pride. and
has been to aestheticize diversity, another way
desire to establish their identity as a patrician
has class, build the majestic art
been to aestheticize fear.
museums.parks,and architectural complexes
ControUing the various cultures ofcities
th.at represent a world-class city.What is new
suggests the possibility of controlling aU sons about the symbolic economy since the 1970s
of urban ills, from violence and hate crime to
is its sym biosis of image and product. the
economic decline. That this is an illusion has
scope and scale of seUing images on a national
been amply sho\\'O by battles over
and even a global level. and the role of the
multiculturalism and its symbolic economy in speaking for. or
warring factions - ethnic politics and urban representing. the city.
riots. Yet the cultural power to create an image, f •••
to frame a vision, of the city has become more
J
important aspublics ha"-e become more mobile The entrepreneurial edge of the economy
and diverse, and traditional institutions - both (has) shifted toward deal making and selling
social classes and political parties - have invest ments and toward those creative
become less relevant mechanisms of expressing products th.at couki not easily be reproduced
identity.Those who create images stamp a elsewhere. Pro duct design - creating the look
collective identity. Whether they are media of a thing - was said to show economic ge!
corporations like the Disney Company. art Uus. Hollywood 6.Jm studios and media
museums, or politicians,. they are developing empires v•ere bought and sold and bought
new spaces for public cultures. Significant again. Jn the t 990s. with the har nessing of
public spaces of the late 19th and early 20th new computer-based technologjes to marketing
century - such as New York Cjty•s Central campaigns, the Minfonnation superhigh
Park. the Broadway theater district. and the top way" promised to join companies to consumers
of the Empire State Building - have been joined in a Manichean embrace of technology and
by Disney World, Bryant Park, and the entertainment.
entertaiment-ba.sed retail shops of Sony Plaza. f •••
By accepting these spaces without questioning J
their representations of urban life, we risk suc The growth of the symbolic economy in
cumbing to a visually seductive. privatized public finance. med.la. and entertainment may not
culture. change the way entrepreneurs do business. But
it has already forced the gro\\th of tO\\'OS and
cities,. created a vast new \\ ork force, and
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THE SYMBOLIC ECONOMY changed the way consumers and employees


think. The facilities where these employees work
...I - hotels, restaurants,. expanses of ne\\'
Building a city depends on how people construction and undeveloped
combine the traditional economic factors of Land - are more than just workplaces. They
land. labor. and capital. But it also depends on reshape geography and ecology; they are places of
how they mani pulate symbolic Languagesof creation and transformation.
exclusion and entitle menL The look and feel of The Disney Company, for example. makes
cities re.fleet decisions ftlms and distributes them from Hollywood.Jt
runs

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