CITB02H3 Chapter Notes - Chapter pp. 666-676: Global City, Urban Studies, Urban Sociology

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11 Oct 2018
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He city reader - from global cities to globalized urbanization: neil brenner : editor"s introduction: 1970s, with the rise of radical approaches to urban political economy: the seminal contributions of neo-marxist urban theorists such as henri lefebvre, David harvey, and manuel castells generated a wealth of new categories and methods through which to analyze the specifically capitalist character of modern urbanization processes. Foremost among these was the model of world system analysis developed by. The consolidations of global cities is understood, in this literature, not only with reference to the global scale, on which new, worldwide linkages among cities are being established. In castell"s influential terminology, the construction of a global "space of flows" necessarily entails major transformations in the "space of places. " Finally, the consolidation of such headquarters economies may also generate significant shifts within local housing markets as developers attempt to transform once-devalorized inner city properties into residential space for corporate elites and other members of the putative.

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