The economic and social outcomes of mid-twentieth-century
Fordist capitalism were characterized by a decrease in the
significance of distance and a shift in the dynamic of time. This
"time-space compression" is one of the defining components of
contemporary globalization. In their latest collaboration,
Alessandro Bonanno and Douglas Constance provide an in-depth
analysis of the origins and nature of globalization using the
context of the agro-food sector, one of the most globalized
socioeconomic sectors in the world.
Breaking from widely used methodologies in the study of
globalization, Bonanno and Constance argue that the shifting
dynamic of space and time has created a new capitalism that is
qualitatively different from capitalism inspired by patterns of
international relations established throughout the nineteenth and
early twentieth centuries. The book provides an extensive and
original review of existing literature and is centered on eight
specific case studies. Through the analysis of these "stories of
globalization," the authors examine how the origins of and
interactions between transnational corporations, groups that resist
these organizations, and the state have given birth to a
contemporary understanding of globalization. They use this new
understanding to analyze globalization as a contested terrain in
which the power of transnational corporations is affected by
mounting opposition and internal contradictions.
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