Thursday, February 21, 2013

Uneven Geographies of Capitalism


Main themes from Globalization and the Spatial Fix, by David Harvey
In an attempt to bridge spatial connections and economic theories of the Spatial Fix, I gleaned two main topics in relationship to landscape spatial formation:

1)      1)     Capitalism is territorial and requires resources. Spatial fix is a geographic restructuring and similar to capitalism, the fix is territorial.

Spatial connection:
Colonialism is a form of capitalistic venture; for example, the British Salt tax in India derived 10% of its revenue from its salt monopoly in 1850’s. The spatial fix in this comparison is territorial and truly a geographic restructuring of market seeking a new geography to exploit the natural resources of another country.

2)      2)     Securitization and relationship to financialization or the idea of capital mobility. Capital moves and in efforts for more mobility, reduction of friction occurs in bargaining or advantages for resources or infrastructure, which results in homogenization of spatial locale.

Spatial connection:
Similar to futures trading which anticipates trade and is based on the perception of money in the future, plans, designs or policy are future perceptions based on the belief that the outcome will be better or more profitable.

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