GEOG 361 Lecture Notes - Lecture 2: Final Good, Color Blindness, Economic Geography
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Lecture 2: from now on, only the truth: Apple iphone 7: cupertino, ca (silicon valley, almost the wealthiest place on the planet. Vancouver: city of millionaires: net wealth of canadians have increased, average of living in vancouver: net worth of m (due to a high house price) Lecture start a (cid:271)luffe(cid:396)(cid:859)s guide to e(cid:272)o(cid:374)o(cid:373)i(cid:272) geog(cid:396)aph(cid:455); p(cid:396)odu(cid:272)tio(cid:374), la(cid:271)ou(cid:396) a(cid:374)d (cid:396)egulatio(cid:374) Requires material means of production(mop)(inputs) and corporeal labour even when final good has no material form. Requires both material equipment and embodied labour. If la(cid:271)ou(cid:396) does(cid:374)(cid:859)t pe(cid:396)fo(cid:396)(cid:373) ade(cid:395)uatel(cid:455), it is discarded(degree of monitoring: production = mop + l = c. Mop: means of production (raw materials, machinery, buildings etc. ) L = labour: production: inputs outputs, under capitalism: produced commodities(output) = given a price(p), enabling conversion of produced goods into sum of money(m) Production = mop + l = c -> p -> m. Such relation holds for one production period(time) Production over time = accumulation: accumulation (production over time)
