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Books > Reference & Interdisciplinary > Interdisciplinary studies > Globalization
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Limits to Globalization - Disruptive Geographies of Capitalist Development (Hardcover)
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Limits to Globalization - Disruptive Geographies of Capitalist Development (Hardcover)
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This book summarizes how globalizing capitalism-the economic system
now presumed to dominate the global economy-can be understood from
a geographical perspective. This is in contrast to mainstream
economic analysis, which theorizes globalizing capitalism as a
system that is capable of enabling everyone to prosper and every
place to achieve economic development. From this perspective, the
globalizing capitalism perspective has the capacity to reduce
poverty. Poverty's persistence is explained in terms of the
dysfunctional attributes of poor people and places. A geographical
perspective has two principal aspects: Taking seriously how the
spatial organization of capitalism is altered by economic processes
and the reciprocal effects of that spatial arrangement on economic
development, and examining how economic processes co-evolve with
cultural, political, and biophysical processes. From this,
globalizing capitalism tends to reproduce social and spatial
inequality; poverty's persistence is due to the ways in which
wealth creation in some places results in impoverishment elsewhere.
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