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The paper focuses on an anti-austerity and anti-racist urban movement, emerging from the multiethnic precariat in Sweden's most disadvantaged metropolitan areas. It has catalysed the reinvention of a common space with roots in the labour movement of the late 19th century, The People' House, a meme for contemporary community centres, loaded with hopes of contesting racial stigma and structurally conditioned precarity of citizenship and labour. Scrutinising a specific case, the authors address the ambiguous emplacement of a People's House in a Stockholm wrought by financialisation, polarising processes of segregation, the commodification of welfare institutions and interventions by competing NGO coalitions in a post-political age. [ABSTRACT FROM AUTHOR]