ABSTRACT
This chapter discusses the exclusionary urban policies implemented by Pinochet's dictatorship and by democratic governments since 1990, the public incentives for real estate development and the marginalisation of vulnerable populations in violent urban environments are deeply entangled processes. It aims to show that the urban divide that is observed nowadays in Greater Santiago is not just an outcome of mechanical socioeconomic polarisation in an unregulated urban market, but mainly results from evolving forms of abuse of power that are intended for wealth hoarding. The chapter start with a brief exposition of accumulation by dispossession as a social, spatial, and historical trialectics synthesised in a conceptual model of wealth accumulation from land appropriation towards real estate development. Urban exclusion in Greater Santiago decisively contributes to the spatial accumulation and reproduction of social inequities. The chapter highlights the theoretical and historical inseparability of wealth and poverty production in the urban space of Greater Santiago.
