Dubai’s Tower of Debt

Dubai’s Tower of Debt

Facebook
Twitter
Email
Flipboard
Pocket

New year, new symbol? Dubai’s new tower fits. The $1.5 billion building unveiled in downtown Dubai Monday is the world’s new tallest tower. More than half a mile high, more than two Empire State buildings tall, the Dubai tower boasts 169 stories, the world’s highest swimming pool, the world’s highest place of worship, and the world’s tallest mountain of denial.

History repeats. Like the Empire State building before it, the Dubai tower was built in a global depression when cheap labor was plentiful, as were the dreams of the ambitious and affluent.

The engineering marvel was constructed in the desert heat by low paid immigrant workers, mostly Indians and Pakistanis, paid 5-20 dollar a day. (It’s a state secret how many lost their lives in the process.) While the state-owned construction operation suppressed worker demands and banned unions from the site, it catered to consumer fantasy with equal extravagance. The tower features 144 apartments and a hotel designed by Giorgio Armani, the Italian designer. In what’s been dubbed the "super-scraper," the super-affluent can live and vacation without leaving the brand, or the building.

Dubai’s Sheikh Mohammed and his Chicago-based architects hail their building as a symbol of future good and all things great. There’s just one glitch. According to the Sunday Times, that future involves melting the equivalent of 28 million pounds of ice a day for air conditioning, and the consumption of billions of gallons of desalinated water in a city-state that already has the world’s highest per-capita carbon footprint.

The climate actually changes as you ride the elevator. It’s way, way hotter at the bottom. The engineers are doing everything in their power to counter physics and so far so good. But rising heat of a far less metaphorical sense already struck in the form of economics.In last minute switch at its inauguration Monday night, the Burj Dubai ("Dubai Tower") was renamed the Burj Khalifa. It was a rather ignominious concession to reality. Sheikh Khalifa, the head of Abu Dhabi, Dubai’s oil rich neighbor, has repeatedly saved Dubai from financial collapse during the construction of the tower most recently, just three weeks back when devastating defaults beckoned.

It’s hardly a win for the hot people at the bottom, but it’s a big hit for Dubai’s would-be cool and competitive leaders. Theirs is a tower of debt. How perfect. Welcome to the decade.

Laura Flanders is the host of GRITtv which broadcasts weekdays on satellite TV (Dish Network Ch. 9415 Free Speech TV) on cable, and online at GRITtv.org and TheNation.com. Follow GRITtv or GRITlaura on Twitter.com.

Thank you for reading The Nation!

We hope you enjoyed the story you just read, just one of the many incisive, deeply-reported articles we publish daily. Now more than ever, we need fearless journalism that shifts the needle on important issues, uncovers malfeasance and corruption, and uplifts voices and perspectives that often go unheard in mainstream media.

Throughout this critical election year and a time of media austerity and renewed campus activism and rising labor organizing, independent journalism that gets to the heart of the matter is more critical than ever before. Donate right now and help us hold the powerful accountable, shine a light on issues that would otherwise be swept under the rug, and build a more just and equitable future.

For nearly 160 years, The Nation has stood for truth, justice, and moral clarity. As a reader-supported publication, we are not beholden to the whims of advertisers or a corporate owner. But it does take financial resources to report on stories that may take weeks or months to properly investigate, thoroughly edit and fact-check articles, and get our stories into the hands of readers.

Donate today and stand with us for a better future. Thank you for being a supporter of independent journalism.

Thank you for your generosity.

Ad Policy
x