GEOG 216 Lecture Notes - Chicago River, Fordism, Counterintuitive
23 Jan 2013
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Cities are rational landscapes for capital accumulation david harvey. All of the factors of production necess = concentrated in cities. Entrepreneur purchases inputs, machinery, hires labor, production process. As capital moves through various phases of production process (commodity) + market. Selling the commodity capital is realizing its investment. Commodities are produced, value assigned to them in imaginary way. Profit not real until commodity is sold (social reproduction) Not a moment in circulation process h: also necess set of infrastruc for accumul of capital. Infrastruc necess so that workers can get up + go back to work next day. Certain advantages for firms in same indus loc together (reduce transact costs) Externalities that are produced that firms can capture in same location. Urban origins of capitalism, cities = islands in feudal landscape. In world that was relatively stable, cities = cosmopolitan, merchants travelled, encounter strangers, new things, ppl diff walks of life interact.
