“The whole of Manhattan is organized around gated communities of the very rich and the wealthy. Meanwhile, there are a million people in New York City who try to get by on less than $10,000 a year. Half of the population of New York City earns less than $30,000 a year. And yet there’s this immense collection of buildings and so on where in order to find a place to live, you’ve got to pay at least maybe $50,000 a year to rent it. This is a kind of city we have built, and this is where we struggle in our own backyard to define a reasonable kind of life for the mass of the population. Finance capital can run around the world—it’s what I call the “butterfly” form of capital—but the butterflies have to land somewhere. And where do they land? Well, they land in Manhattan, a lot of them, and they build these vast complexes and so on. And I think we struggle where the butterfly lands, and if it sits elsewhere, then we struggle there as well.”