GGR209H5 Lecture Notes - Lecture 2: Creative Destruction, Market Segmentation, Path Dependence
Document Summary
Capitalists, capital & profit; workers, labour & exploitation. Spatial displacement of capital, aka the spatial fix". Power of the state within geopolitical context. Emergence & decline of economic landscapes within periods of capitalism. Locally specific social, political & cultural contexts. Industrialization & urbanization of china"s pearl river delta. Deindustrialized regions in north america & europe. Shifting industrial geographies: low-cost regions in china & south east asia. Shift of garment industry to bangladesh, cambodia, vietnam. The case of the 2013 rana factory collapse in bangladesh. Importance of assessing subnational scales: regions & urban areas. Understanding both structural context & place-based dynamics". Linear process of workers producing/extracting commodities, then shipped (sometimes with. Sources usually tied to specific site, eg. fruits, precious metals, diamonds, coffee some processing) to consumer markets. Key forms of labour: agricultural or extractive work, either self-employed or as workers in large firms, transportation/logistics workers, retail & distribution workers in consumer markets.
