The New Geography of Capitalism
Firms, Finance, and Society
Published on 29. May 2014
Book
Hardback
214 pages
978-0-19-966823-6 (ISBN)
Description
Globalization is a dominant feature and force in the contemporary world, impacting all areas of business, economics, and society. This accessibly written overview of contemporary capitalism shows how the development of global supply chains, the global division of labour, and, in particular, the globalization of financial markets have become the drivers of this process, and assesses the consequences.
Not only does this affect the way firms operate, it also presents challenges for the nation state. The changing geography of capitalism underpinned by an expanding global division of labour and the integration of financial markets has undercut the bordering logics necessary for the maintenance of national systems of production, national varieties of capitalism, and national systems of social protection.
Reviewing a range of debates and theories across the contemporary social sciences - varieties of capitalism, financialization, global production networks - the book shows how the insights of economic geography can be usefully brought to bear in understanding current trends, and the changing relationships between global financial markets, multinational firms, and contemporary welfare states.
Wide-ranging, accessibly written, and inter-disciplinary, this short book is a most useful guide for researchers and students across the social sciences.
Not only does this affect the way firms operate, it also presents challenges for the nation state. The changing geography of capitalism underpinned by an expanding global division of labour and the integration of financial markets has undercut the bordering logics necessary for the maintenance of national systems of production, national varieties of capitalism, and national systems of social protection.
Reviewing a range of debates and theories across the contemporary social sciences - varieties of capitalism, financialization, global production networks - the book shows how the insights of economic geography can be usefully brought to bear in understanding current trends, and the changing relationships between global financial markets, multinational firms, and contemporary welfare states.
Wide-ranging, accessibly written, and inter-disciplinary, this short book is a most useful guide for researchers and students across the social sciences.
Reviews / Votes
Both accessible and timely, the book is appropriate for a wide audience in the social sciences, while advanced readers of economic geography and Dixons prior work will certainly recognize the significance of this contribution and find solace in relevancy. * Ian M. Dunham, Said Business School, Oxford University, Journal of Economic Geography * Capitalism isnt what it used to be. And Adam Dixons New Geography of Capitalism makes a bold case for thinking about capitalism in new ways too. Thinking about capitalism as a variegated system, but as a system nonetheless, allows Dixon to avoid the pitfalls of both flat-earth convergence theory and those of institutionalist accounts of national variety. His promising alternative takes the problematic of integration seriously, not least as an engine of new geographies. * Jamie Peck, University of British Columbia * While we have all been riveted on the financial crisis, a deeper story about the financialization of the global economy has been unfolding, with huge implications for social welfare and well-being in the advanced industrial countries. Adam Dixons book provides the essential guide to understanding this complex process. * Erica Schoenberger, The Johns Hopkins University * The New Geography of Finance is a tour de force. Its crystal-clear synthesis of the literatures on contemporary capitalist and financial systems, and its placement of financial-firm imperatives at the centre of global dynamics and national economic evolution, will shape debate on the evolution of finance for years to come. * Gary A. Dymski, Professor of Applied Economics, Leeds University Business School, University of Leeds *More details
Language
English
Place of publication
Oxford
United Kingdom
Target group
College/higher education
Dimensions
Height: 222 mm
Width: 145 mm
Thickness: 16 mm
Weight
439 gr
ISBN-13
978-0-19-966823-6 (9780199668236)
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Schweitzer Classification
Other editions
Additional editions
E-Book
05/2014
1st Edition
OUP eBook
€30.49
Available for download
Book
05/2014
Oxford University Press
€45.87
Shipment within 15-20 days
Person
Adam D. Dixon is a senior lecturer in economic geography at the University of Bristol. His research focuses on comparative economic geography, the geography of finance, and the political economy of institutional investors. He is co-author with Gordon L. Clark and Ashby H.B. Monk of Sovereign Wealth Funds: Legitimacy, Governance and Global Power (2013, PUP) and co-editor with the same of Managing Financial Risks: From Global to Local (2009, OUP). He is a visiting scholar at Stanford University's Global Projects Center and has held visiting positions at Heidelberg University in Germany and Maastricht University in the Netherlands. He has a D.Phil from the University of Oxford, and master's and bachelor's degrees, respectively, from L'Institut d'Etudes Politiques de Paris (Sciences Po) and The George Washington University in Washington, DC.
Content
1. The Geography of Finance ; 2. One World of Production? ; 3. Variegated Capitalism and the Firm ; 4. Comparing Financial Systems in a Global Economy ; 5. Financialization and the Welfare State ; 6. Corporate Transformation and Employee Pensions ; 7. The Global Financial Crisis and Beyond