Change in the political economy of land value capture in England. Issue 4 (June 2019)

• Record Type: Journal Article
• Authors: Catney, Philip; Henneberry, John
• Is Part Of: Town planning review. Volume 90:Issue 4(2019)
• Page Start: 339
• Page End: 358
• Publication Date: 2019-06
• Subjects: political economy -- land value capture -- corporatism -- neo-liberalism -- planning obligations -- development value tax; City planning -- Periodicals; 307.1216
• DOI: 10.3828/tpr.2019.24
• Languages: English
• ISSNs: 0041-0020

Abstract

Abstract : Variations in the character, performance and impact of policies and practices to capture land value for the community are usually examined by analysing experience in different countries. Such international comparative research is cross-sectional and does not cover the evolving relations between systems of land value capture and the economies, polities and societies within which they are set. This paper examines the relations in England between the extant political economy and supporting ideologies, and the distinctive forms of land value capture that they produced. It traces the shift from a top-down, strategic approach in an era of corporatist government before 1979 to the subsequent extension and consolidation of bottom-up practice set within the context of neo-liberalism. The analysis highlights the evolution of the idea of land value capture and the policies and practices associated with it, especially the contestation that informed such changes.