david_harvey
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david_harvey [2014/08/05 16:13] – [References] Ryan Schram (admin) | david_harvey [2014/08/05 16:14] – [David Harvey] Ryan Schram (admin) | ||
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A capitalist business owner only sees things in terms of what adds costs to her business, and distance is often a cost that cuts into profit. So capitalists invest their capital in creating new forms of transportation which overcome space. | A capitalist business owner only sees things in terms of what adds costs to her business, and distance is often a cost that cuts into profit. So capitalists invest their capital in creating new forms of transportation which overcome space. | ||
- | Of course, for Marx, the capitalist system, driven for ever greater profits, is a runaway train heading for destruction. There are limits to capital' | + | Of course, for Marx, the capitalist system, driven for ever greater profits, is a runaway train heading for destruction. There are limits to capital' |
- | Hence, for Harvey, the globalization of the capitalist system is characterized by a process of speeding up, driven by the capitalist logic of growth. The global order is defined by the feature of **time-space compression** through technology that facilitates the free flow of money to buy raw material and produce goods for sale. | + | Hence, for Harvey, the globalization of the capitalist system is characterized by a process of speeding up, driven by the capitalist logic of growth. The global order is defined by the feature of **time-space compression** through technology that facilitates the free flow of money to buy raw material and produce goods for sale (Harvey 1990). |
david_harvey.txt · Last modified: 2021/07/09 00:12 by Ryan Schram (admin)