The crisis of territory, contemporary contradictions under financialization processes

Abstract

This article analyzes the contemporary crisis from multiple perspectives, focusing on economic processes and their territorial and urban implications. The aim is to demonstrate how structural changes are shaped by capital interests, perpetuating social inequalities and configuring a territorial crisis. The research employs qualitative methods of critical analysis, examining the reproduction of the capitalist system and the concentration of power. The findings highlight the replacement of human labor with technology, intensifying job precarization and worsening the labor crisis. This is correlated with the territorial crisis, evidenced by the financialization of life and urban structuring aimed at capital reproduction. The study emphasizes the role of peripheral labor in profit maximization, creating cycles of exploitation and indebtedness. It concludes that cities are structured based on the future commitments of capital, consolidating a scenario of labor precarization and financial domination.