An extract from A New Kind of Bleak: Journeys Through Urban Britain by Owen Hatherley
The reason why this is all able to occur is easy enough to discern; it’s there in front of you, everywhere you turn in Poplar, with that air-traffic alerting light flashing on and off the pyramid at the top, winking mockingly at you. Canary Wharf, like the first City, is breaking its banks, and spreading bankster colonies all over the borough of Tower Hamlets. As we have grown to expect, the financial crisis they triggered (Lehman Brothers and AIG did their naughtiest things here) has not led to any noticeable contrition or humility. From Poplar we could make our way into the Isle of Dogs itself, to peruse its glass and steel, or to jeer at the way that the kitsch of the ’80s still sits around it, dating the place horribly; we could walk around the mean, low-ceilinged shopping mall that sits under the central phallus of One Canada Square, the pyramidal erection dubbed at the time ‘Thatcher’s Cock’. We won’t, however. We ’ll head away from this Thatcherite landscape with its Fosterian Blairite appendages to a much purer space of New Labour, just to finally give them their due, for their most large-scale experiment in the planning of a wholly new, tabula rasa district of the capital.
I ought to be brief, or as brief as possible, on the subject of the Olympic Site. 
One of the most succinct and intelligent descriptions of 'urban regeneration' was a film by Jonathan Meades called On the Brandwagon. It begins with the 1981 riots in Liverpool, a city whose population had halved and whose dockyards had closed down, then moves through the government's attempts to put a sticking plaster over the wound. First, ineptly, through the Garden Festivals bestowed on the city, alongside the first 'enterprise zone' version of Regeneration; then more dramatically through New Labour's abortive attempt to turn our chaotic, suburban-urban cities into places more akin to, say, Paris, that riot-free model of social peace. The middle-class return to the cities, adaptive re-use, luxury apartment blocks, Mitterandian Lottery-funded grands projets, loft conversions in the factories whose closure brought about the main problem in the first place. The film ends in Salford Quays, its gleaming titanium a ram-raid's distance from some of the poorest places in Western Europe. The likely result? 'There will be no riots within the ring-road'.
We've long congratulated ourselves, in London, of the fact that we have no banlieue. We applauded ourselves especially smugly when zoned, segregated Paris rioted a few years ago. It's not like it's untrue - give or take the odd exception (a Thamesmead, a Chelmlsey Wood) our poverty is not concentrated in peripheral housing estates. Edinburgh might wall off its poor in Muirhouse or Leith, and Oxford might try not to think about Blackbird Leys, but in London, Manchester/Salford, Liverpool, Birmingham, Bristol, Nottingham—the cities that erupted on Monday 8th August—the rich live, by and large, next to the poor: £1,000,000 Georgian terraces next to estates with some of the deepest poverty in the EU. We're so pleased with this that we've even extended the principle to how we plan the trickledown dribble of social housing built over the last two decades, those Housing Association schemes where the deserving poor are 'pepper-potted' with stockbrokers. We've learnt about 'spatial segregation', so we do things differently now. Someone commenting on James Meek's great London Review of Books article on parallel Hackneys mentioned China Miéville's recent science fiction novel The City and The City, where two cities literally do occupy the same space, with all inhabitants acting as if they don't. Miéville set it in Eastern Europe, but the inspiration is surely London.