GEOG 122 Lecture Notes - Lecture 23: Informal Sector, West India Docks, Conspicuous Consumption
Document Summary
Saskia sassen a place where the work of globalization gets done . Why have they emerged: corporatization and decision-making. 21st century firms have gotten increasingly larger, requiring increasingly specialized information. This information is provided by producer services", e. g. lawyers, accountants, advertisers. These services are found in cities, the larger the city the more information available b) internationalization of production. The last 30 years brought rapid and pervasive internationalization of multi-national corps and trans-national corporations. Driven by: cheap labour, improvements in communication/technology (annihilation of space by time) inside the world city emblematic of processes within a global northern. Gentrification (professional class taking over residential area of working class) social polarization ( informal employment or. London has the largest metropolitan area in europe ( 13 million) 5. 5 million jobs in greater london area (18% of uk employment) These are jobs concerned with knowledge (professional sector) or professional services (hairdressers or janitors) Central time zone between asian and north america.
