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The urban centre of Vancouver, British Columbia has been a fecund research site for the study of capital, state, and social movement relations over the past three decades. In this article, we summarize the findings of our research program spanning that politically volatile period, and we reflect on the formidable, but not insuperable, obstacles to challenging the authority of global capital. We conclude that a 'transformative politics' articulated through a neo-Gramscian approach and rooted in a generative 'globalization-from-below' is the most promising basis for counter-hegemony today.