david_harvey
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+ | # David Harvey # | ||
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+ | David Harvey is a leading social theorist and geographer, noted for his theories of globalization, | ||
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+ | > Capital by its nature drives beyond every spatial barrier. Thus the creation of the physical conditions of exchange - of the means of communication and transport - the annihilation of space by time - becomes an extraordinary necessity for it. (Marx 1857: chap. 10) | ||
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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. | ||
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+ | Of course, for Marx, the capitalist system, driven for ever greater profits, is a runaway train heading for destruction. There are limits to capital' | ||
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+ | 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). | ||
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+ | ## References | ||
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+ | Harvey, David. 1990. The Condition of Postmodernity: | ||
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+ | Harvey, David. 2010. “The Enigma of Capital and the Crisis This Time.” Reading Marx’s Capital with David Harvey, August 30. Accessed August 5, 2014. http:// | ||
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+ | Marx, Karl. 1857 [1973]. Grundrisse der Kritik der Politischen Ökonomie. Economic Works of Karl Marx 1857-1861, Martin Nicolaus, trans. New York: Penguin. https:// | ||
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