Finanças e servidão logística: incorporação sem remoção e informalidade no Jd. Panorama

This article examines the dynamics and consequences of the expansion of the Parque Cidade Jardim over the area occupied by the Favela do Jardim Panorama, in the southwestern quadrant of São Paulo. Data was gathered through semi-structured interviews and ethnographic incursions conducted between 2019 and 2021, in addition to primary and secondary sources. The analysis of the process — carried out through an intricate network of agents and hierarchies both internal and external to the favela — seeks to demonstrate how the informal land market constitutes, in contemporary times, a fundamental element for circumventing the barriers to real estate incorporation and enabling the dynamics of space reproduction. Among the dimensions and consequences of the process, we also discuss how the agents involved compose an important part of a precarity management device that has been spreading across metropolitan peripheries since the 1990s. The arrangement presented operates so as to enable an expanded incorporation, involving land and the associated demographic contingent, in turn linked to a specific form of marginal economy that we term logistical servitude: the integration of the community into the most precarious positions of the value chain of neighboring developments, while it remains as available real estate stock.