ABSTRACT

In Yangon, the major city of Myanmar, also known as Burma, hundreds of thousands of squatters are being moved out from their neighborhoods. The sanctions on the military junta made it difficult to attract foreign investment: with their removal, Myanmar is reconnected to the global economy and now selected areas of the capital city are revalorized as foreign capital is able to invest. The power of finance capitalism is such that this ideology is now viewed by many governments as the only the way to see and understand the world. The social structure of accumulation is a general name for the range of agents, discourses and practices that turn liquid capital into fixed capital. Postmodern architecture became an essential part of the syntax of cities eager to reposition themselves in a changing global economy. The actual construction of the built environment involves a compromise and conflict between building capital and building labor.