GEO 507 Lecture Notes - Lecture 1: Architectural Pattern, City Map, Dialectic
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[workers] abandoned that an moved on): deliberate disinvestments: deliberately neglecting routine maintenance, putting homes, apartment buildings in the market or abandoning altogether, dependency theory: trying to explain why there is so much inequality in the world. Some parts of the world are better than others. Refer to lecture 2, slide 8 for notes: organized capitalism: the later phrase of industrial capitalism that began in the late nineteenth century and was characterized by comparatively highly structured relationships between labour, government, and corporate enterprise. These relationships were mediated through legal and legislative instruments, formal agreements, and public institutions: outcomes of urbanization: an example includes the industrial revolution. Also, refer to lecture 3, slide 11: over accumulation crisis: distinctive crisis phases in the long-term dynamics of capitalist economies, characterized by unused or under utilized capital and labour. An inevitable outcome of the difficulty of matching supply to demand under changing conditions, these crises represent critical moments for the political economy of capitalism.