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By Swapna Banerjee-Guha

This publication is a set of essays written through well-known theoreticians and teachers within the region of city stories at the transformation means of towns and its socio-economic ramifications. those essays examine the symptoms of spatial difficulty in metropolises, revealing the contradictory approaches of integration and segmentation that signify the serious nature of world urban house. This quantity explores and exposes a divided framework within which globalization operates in the direction of fragmentation and polarization; debunking the parable of homogenization. The essays exhibit that towns and areas internationally get included into the program, displaying features which are extra diversified and intricate than ever earlier than specifically a result of more and more contradictory courting with their neighborhood source and cultural base.

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Extra resources for Accumulation by Dispossession: Transformative Cities in the New Global Order

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There is no entirely dematerialised firm or industry. Even the most advanced information industries, such as finance, are installed only partly in electronic space. And so are industries that produce digital products, such as software designers. 7 These industries are typically conceptualised in terms of the hypermobility of their outputs and the high levels of expertise of their professionals rather than in terms of the production process involved, and the requisite infrastructure of facilities and non-expert jobs that are also part of these industries.

And so are industries that produce digital products, such as software designers. 7 These industries are typically conceptualised in terms of the hypermobility of their outputs and the high levels of expertise of their professionals rather than in terms of the production process involved, and the requisite infrastructure of facilities and non-expert jobs that are also part of these industries. A detailed analysis of service-based urban economies shows that there is a considerable articulation of firms, sectors and workers who may appear as though they have little connection to an urban economy dominated by finance and specialised services but, in fact, fulfil a 36 SASKIA SASSEN series of functions that are an integral part of that economy.

In the day-to-day work of the leading services complex dominated by finance, a large share of the jobs involved is low-paid and manual, many held by women and immigrants. 9 We see here a dynamic of valorisation at work that has sharply increased the distance between the devalorised and the valorised, indeed over-valorised, sectors of the economy. For me as a political economist, addressing these issues has meant working in several systems of representation and constructing spaces of intersection.

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