292 pages, no illustrations
The "globalization of economic relations" hypothesis is becoming more prominent in everyday social science and public affairs. As multinational and transnational corporations continue to grow, goods, services and money become increasingly mobile. Advocates of the hypothesis claim that this mobility creates forms of competition beyond the current nationally organized forms of a worker representation and state representation. Defined in this manner, globalization can be seen as a threat to welfare states, policies of full employment and national living standards.
By examining the underlying assumptions of the globalization arguments, the authors investigate the changing relationships between the local and the global, the territorialization of economic life and the organization of labour.
..".This book...does, very effectively I believe, begin to challenge some of the myths, generalizations and simplifications associated with globalization theory, and to assert the power and the analytical importance of understanding the local....This is an excellent and welcome text, measured both in terms of the quality and authority of the contributions, as well as offering an intellectual breath of fresh air to the globalization thesis swamp." --Peter M. Ward, Planning Forum, 1997
"This fine book tackles the myth of globalization head on, joining a handful of recent works that put in question many widely held assertions about the economics and politics of the new global economy. Editor Kevin Cox has assembled a strong, coherent set of essays by some of the finest minds in contemporary economic geography, whose voices carry far beyond the boundaries of the discipline. Global capitalism has not one but many geographies, none of which have been erased by the rising tides of inte
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