James Lee
- Published in print:
- 2012
- Published Online:
- January 2013
- ISBN:
- 9789888139477
- eISBN:
- 9789882208681
- Item type:
- chapter
- Publisher:
- Hong Kong University Press
- DOI:
- 10.5790/hongkong/9789888139477.003.0014
- Subject:
- Society and Culture, Asian Studies
This chapter argues that that urban policy should not be approached simply as finding technical means for technical problems in urban areas. Its general domain has long expanded from physical ...
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This chapter argues that that urban policy should not be approached simply as finding technical means for technical problems in urban areas. Its general domain has long expanded from physical concerns to social and community concerns in which politics has a key role to play as conflicts of values are inevitable. In this process, ideally, government should fulfil the important function of interest intermediation to maintain fairness and justice. Unfortunately, contrary to what the theory suggests, Lee finds that the “growth machine thesis” under the urban political economy approach provides the most useful and powerful framework in understanding the urban policy in the HKSAR. He has seen a network of powerful interest groups, all linked up to the property market, exert a dominant influence on the urban policies in Hong Kong for their own interest maximization.Less
This chapter argues that that urban policy should not be approached simply as finding technical means for technical problems in urban areas. Its general domain has long expanded from physical concerns to social and community concerns in which politics has a key role to play as conflicts of values are inevitable. In this process, ideally, government should fulfil the important function of interest intermediation to maintain fairness and justice. Unfortunately, contrary to what the theory suggests, Lee finds that the “growth machine thesis” under the urban political economy approach provides the most useful and powerful framework in understanding the urban policy in the HKSAR. He has seen a network of powerful interest groups, all linked up to the property market, exert a dominant influence on the urban policies in Hong Kong for their own interest maximization.
Catherine Casson, Mark Casson, John S. Lee, and Katie Phillips
- Published in print:
- 2020
- Published Online:
- January 2021
- ISBN:
- 9781529209259
- eISBN:
- 9781529209280
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781529209259.003.0002
- Subject:
- Economics and Finance, Economic History
Chapter 2 investigates the significance of the property market in medieval Cambridge. It considers how far the property market at this time anticipated the urban property markets of today. Detailed ...
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Chapter 2 investigates the significance of the property market in medieval Cambridge. It considers how far the property market at this time anticipated the urban property markets of today. Detailed information on the Cambridge property market is provided in the Hundred Rolls. A unique feature of the Rolls, compared to other sources such as rentals, is that they record all the rents paid on a property and not just the rent paid to one particular lord, such as the king or local lay lord. The rolls show that many properties paid multiple rents. With full information on each of these rents it possible to analyse separately the total rent paid and the various components of this rent going to individual lords. Chapter 2 introduces the statistical methods required to address these issues and reports the results obtained by applying them.Less
Chapter 2 investigates the significance of the property market in medieval Cambridge. It considers how far the property market at this time anticipated the urban property markets of today. Detailed information on the Cambridge property market is provided in the Hundred Rolls. A unique feature of the Rolls, compared to other sources such as rentals, is that they record all the rents paid on a property and not just the rent paid to one particular lord, such as the king or local lay lord. The rolls show that many properties paid multiple rents. With full information on each of these rents it possible to analyse separately the total rent paid and the various components of this rent going to individual lords. Chapter 2 introduces the statistical methods required to address these issues and reports the results obtained by applying them.
Catherine Casson, Mark Casson, John Lee, and Katie Phillips
- Published in print:
- 2020
- Published Online:
- January 2021
- ISBN:
- 9781529209259
- eISBN:
- 9781529209280
- Item type:
- book
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781529209259.001.0001
- Subject:
- Economics and Finance, Economic History
This book examines the evolution of compassionate capitalism in medieval England, using a unique and comprehensive source of information, the Cambridge Hundred Rolls. It demonstrates how ...
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This book examines the evolution of compassionate capitalism in medieval England, using a unique and comprehensive source of information, the Cambridge Hundred Rolls. It demonstrates how compassionate capitalism developed through the bequest of rental income on property to charitable and religious institutions, such as hospitals, abbeys and friaries. This rental income was generated by the dramatic growth of an urban property market, through which wealthy merchants invested the profits of trade in property development. Compassionate capitalism was a driving force in the medieval economy from the mid-1200s to the Black Death of 1348.
The Cambridge Hundred Rolls record a comprehensive survey of the town in 1279, profiling property location, ownership and use, the gifting of rents and the transmission of property between generations. It identifies over 30 leading family dynasties and the factors behind their rise and decline.
By synthesising this information it is possible to reconstruct the economic topography of the town and to compare the occupational structure of different parishes. This leads to a fundamental revaluation of the topography of medieval Cambridge and the role of property markets in urban development. It also reveals the influence of religious teaching on the management of economic assets by family dynasties.Less
This book examines the evolution of compassionate capitalism in medieval England, using a unique and comprehensive source of information, the Cambridge Hundred Rolls. It demonstrates how compassionate capitalism developed through the bequest of rental income on property to charitable and religious institutions, such as hospitals, abbeys and friaries. This rental income was generated by the dramatic growth of an urban property market, through which wealthy merchants invested the profits of trade in property development. Compassionate capitalism was a driving force in the medieval economy from the mid-1200s to the Black Death of 1348.
The Cambridge Hundred Rolls record a comprehensive survey of the town in 1279, profiling property location, ownership and use, the gifting of rents and the transmission of property between generations. It identifies over 30 leading family dynasties and the factors behind their rise and decline.
By synthesising this information it is possible to reconstruct the economic topography of the town and to compare the occupational structure of different parishes. This leads to a fundamental revaluation of the topography of medieval Cambridge and the role of property markets in urban development. It also reveals the influence of religious teaching on the management of economic assets by family dynasties.
