GEOG 122 Lecture Notes - Lecture 12: New Economic System, Information Technology, Turbocharger
Document Summary
Lecture 13 - come together: the annihilation of space by time. Come together first rack on the beatles"s last album, abbey road (1970) Come together" is the beatles" most potent political song. It foreshadows a benevolent revolution, a world at last united. The world has not come together politically, but it has technologically in communications and transportation. In a market economy greater profit stems from reducing the turnover time," i. e. , the time taken between purchasing the inputs for a good and making and selling it. Found within changed labour practices within a work place, e. g. , the assembly line. Found in attempts to speed up connections among geographically separated sites of boat production ( annihilation of space by time ). Time-space compression is a trajectory built into the very structure of market economies. This improvement is technological movement that facilitates time press compression. Gives reward to capitalists who are able to achieve that time space compression.