The international economic system was ensconced largely in this inter-state system. But to a large extent these took place within the inter-state system, where the key articulators were national states. There have long been cross-border economic processes-flows of capital, labor, goods, raw materials, and tourists. One of the key properties of the current phase is the ascendance of information technologies and the associated increase in the mobility and liquidity of capital. Sassen shows how dangerously city life has been affected by the influx of employees of the multinational firms which move into major cities and virtually colonize them, riving even greater wedges between the rich and poor.Each phase in the long history of the world economy raises specific questions about the particular conditions that make it possible. high-powered and at times horrific book.
One of Choice's Outstanding Academic Titles for 1992Ī multi-disciplinary tour de force that should be read not only by regional economists but also by urban geographers, sociologists, and planners. The most detailed and sophisticated anatomy yet published of the functioning of the new producer services sector in the global economy. Scott Lash, The Times Higher Education Supplement This is brilliant stuff, both in its broadness of sociological scope and its voluminous collection of data from a vast number of sources in the three cities. Peter Hall, International Journal of Urban and Regional Research A systematic detailed analysis of the three largest urban economies in the advanced world. Susan Fainstein, Journal of the American Planning AssociationĪ very significant book indeed. It incorporates a herculean research effort. Anthony King, NewslineĪn exciting and persuasive work.
A landmark study in the political economy of cities.
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