Both projects, however, channeled progressive intentions through imperial methods, reinforcing the fractious class relations and inequality they claimed to redress. Gilder’s team of experts invaded tenements like a conquering army, marching into homes and demanding intimate information from residents, leaving resentment in their wake. The report compiled from their conclusions succeeded in obtaining stricter regulation of tenant behavior, but did little to address patterns of absentee landlordism and disinvestment at the root of the neighborhood’s appalling conditions. White’s Bowery Savings Bank, meanwhile, established a triumphalist symbol of white American empire at the heart of immigrant America – in the name of thrift. Worse, the bank drained capital from the neighborhood by investing residents’ deposits in lucrative uptown real estate, thus exacerbating the Lower East Side’s deterioration. This paper explores a contradiction latent in many reform initiatives, past and present: the desire to alleviate capitalism’s crises through a progressivism that draws its logic, methods, and operations from capitalism itself.
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