11.30.2007

Beyond the Spectacle

Beyond the Spectacle: "“There are a number of these parastatal development companies,” de Graaf says. “They are pri­vate companies but still majority-owned by the royal family, which creates a very interesting mix of business and politics that would be taboo anywhere else but makes them incredibly forceful and determined. These companies are not just active in Dubai; they’re active in a zone of very rapidly growing cities that stretches from Morocco to China—they’re even building in California. They’re often precisely the kind of cities that no one in the West talks about or has much time for. You could say that the formula of Dubai, whatever you think of it, is shaping the world.”"

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