Speculation in land may be necessary to capitalism, but speculative orgies periodically become a quagmire of destruction for capital itself.

The capacity to transform itself from the inside makes capitalism a somewhat peculiar beast - chameleon-like, it perpetually changes it colour; snake-like, it periodically sheds its skin.

Capital creates space-time.

The common-sense notion that 'there is a time and a place for everything' gets carried into a set of prescriptions which replicate the social order by assigning social meanings to spaces and times.

The net worth of the 358 richest people in the world was then found to be 'equal to the combined income of the poorest 45 per cent of the worlds population - 2.3 billion people.

The accumulation of capital and misery go hand in hand, concentrated in space.

There are signs, these days, that the cultural hegemony of postmodernism is weakening in the West. When even the developers tell an architect like Moshe Safdie that they are tired of it, then can philosophical thinking be far behind?