GEOG 2LE3 Lecture Notes - Lecture 17: Fordism, Mobile Telephony, Electronic Data Interchange
4 Jun 2018
School
Department
Course
Professor
Lecture 17 - Is the World Shrinking?
Contemporary Transport & Digital Technologies = faster, cheaper commodity chain logistics
Kondratiev Waves
-Since the 1770s there have been a series of technological revolutions that have come one after the
other – in waves – and these waves of technological innovation are connection to periods of economic
growth and prosperity.
find more resources at oneclass.com
find more resources at oneclass.com
Changing Transportation Technologies
-Space shrinking technologies enable capitalists to speed up the spatial circulation of capital in their
pursuit of profits.
-The contemporary world economy depends on a wide range of space-shrinking technologies.
-Transportation systems = the means by which material goods and people are transferred between
places.
Commercial Aircraft
• The circulation of goods on the market stuff!
find more resources at oneclass.com
find more resources at oneclass.com
• The circulation of people!
• The development of larger jet airlines has:
- increased passenger capacities
- reduced journey times
- reduced costs of air travel
• Iflueed the deelopet of the tourism industry
Containerization
• wide scale adoption of the standardized 20 and 40 foot long metal containers for land and sea
freight
• Container shipping is an indicator of the spread of economic globalization.
• A sharp drop in freight costs from the introduction of container shipping played a major role in
increasing the integration of the world economy.
• siplifies trasportatio ad tras-shipment (e.g. transfer from ship to ship for from ship to
train/intermediary stop) of a huge range of commodities
• It is estimated that containers account for 90% of the world's traded goods by value.
• The worlds largest otaier ports sere as idiators of the spread of economic globalization.
Uneven Geographies of Transportation: aess to differet eooi opportunities?
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Contemporary transport & digital technologies = faster, cheaper commodity chain logistics. Since the 1770s there have been a series of technological revolutions that have come one after the other in waves and these waves of technological innovation are connection to periods of economic growth and prosperity. Space shrinking technologies enable capitalists to speed up the spatial circulation of capital in their pursuit of pro ts. The contemporary world economy depends on a wide range of space-shrinking technologies. Transportation systems = the means by which material goods and people are transferred between places. The circulation of goods on the market (cid:894)stu (cid:895)! The development of larger jet airlines has: increased passenger capacities reduced journey times reduced costs of air travel. It is estimated that containers account for 90% of the world"s traded goods by value: the world(cid:859)s largest (cid:272)o(cid:374)tai(cid:374)er ports ser(cid:448)e as i(cid:374)di(cid:272)ators of the spread of economic globalization.
