create2connect

management consultancy and leadership development
creating sustainable transformations

Home Blog The geography of the financial crisis

The geography of the financial crisis

Back in the seventies I studied social and economic geography. I’m still impressed by one of the first articles I then read about landscape and space in the USA and how the concept of space influenced the thinking of American immigrants in an urge to explore and to innovate (though with an unscrupulousness that killed many native Americans!).  The article forever changed my view on the world: looking and thinking from a spatial perspective. One of my then heroes in the field was the geographer David Harvey, who made the change from a classical empirical scientist to a policital-economic oriented geographer, strongly inspired by Karl Marx’ world view. Dogmatic often, but always full of new insights.

Surprisingly enough I recently came across a new book of him, The Enigma of Capital and the Crisis of Capitalism. In a well written story he shows how capital flows shaped the geography of our financial-economic crisis. The first signals of this crisis became visible in growing number of house evictions in some American states. And within two years the geography of the crisis was visible all over the world. Last January I was in the North Italian city of Dommodossola. In the new shopping mall, thriving a few years ago, now only the big supermarket was open. All other, smaller shops were closed, a sign of regional economic depression.

Harvey succeeds to connect a sharp analysis of the dynamics of capitalism to the visible geography of human activities, in a nuanced and convincing way he makes clear what the effects of the crisis are for ordinary people and the environment. The unstoppable competition for cheap labor and technology, the driving force of far too cheap housing loans for already over credited consumers. A fascinating spectacle of again and again surmounting the obstacles for capital accumulation and entrepreneurship. Industrial development at the expense though of forests and nature.

Where Harvey in earlier books most of the time ended in a pessimistic tone because of the inescapable nature of capitalism, this time he shows more of the possibilities to steer the force of capitalism in a good direction. For a short moment he dreams of the return of the notion of “communism” as a signal of hope. That won’t be the case he also acknowledges. But he nevertheless shows how many possibilities people have to create together a new innovative sustainable and social future. I recommend reading this book, it sharpens your thinking!

Reacties
Naam:
Email:
 
Onderwerp:
 
Voer de anti-spam code in die in het plaatje staat.
replica-watch-brand   |2011-05-21 10:51:17
As one of the branch of TISSOT watches, link:http://www.replica-watch-brand.com/Wholesale -tissot-sport-watches_c806 has been cautiously selected on the base of quality and value.perfective tense appear, high-grade and approachable prices.Each of link:http://www.replica-watch-brand.com/Wholesale -tissot-sport-watches_c806 Rally is made with fine material and particular with perfect designs.with link:http://www.replica-watch-brand.com you will be sure to experience only the best link:http://www.replica-watch-brand.com/Wholesale -tissot-sport-watches_c806 for the best price.
replica-watches-top   |2011-05-21 10:54:21
link:http://www.replica-watches-top.com/blancpain -c-18.html are known for their fine quality and great craftsmanship. Each watch is made under the highest product standard and best quality guaranteed on our site.Our link:http://www.replica-watches-top.com/blancpain -c-18.html material solicitation are the highest quality and most long-lasting replicas accessible - nearly same from the real matter.If you have requirment,welcome to our online store.Believe us and our link:http://www.replica-watches-top.com/blancpain -c-18.html must be your best selection.
watches-happy   |2011-07-20 09:37:38
We offer a great variety of Price Of link:http://www.watches-happy.com/baume-mercier-w atches-baume-mercier-hampton-watches-c-5_6.html which have been acquiring progressively reputations among purchasers.You can be satisfied with the great quality and specific designs of elegant link:http://www.watches-happy.com/baume-mercier-w atches-baume-mercier-hampton-watches-c-5_6.html.Th ey appear, experience, and weigh precisely like the real thing, at a fraction of the cost. Choose the noble and elegant models you love, and enjoy the moments in your life with our astonishing link:http://www.watches-happy.com/baume-mercier-w atches-baume-mercier-hampton-watches-c-5_6.html of top-class quality at reasonable price.
perfect-watches-replica   |2011-07-20 09:38:52
Find your private-enterprise elegant here! The latest models of the IWC Specialites Replica link:http://www.perfect-watches-replica.com/iwc-w atches-iwc-specialites-watches-c-116_117.html  arenumbering on our site.With his style and voguish fashion, you will be more magnetic, and  more confident.Each piece of link:http://www.perfect-watches-replica.com/iwc-w atches-iwc-specialites-watches-c-116_117.html is paid tight attention in manufacturing, and inspected carefully before it was taken out of the storage warehouse so that each client can receive an assured merchandise from us.You will acquire your loved IWC link:http://www.perfect-watches-replica.com/iwc-w atches-iwc-specialites-watches-c-116_117.html at a very favorable price here. Each product is the perfect compounding of superior and price.

3.26 Copyright (C) 2008 Compojoom.com / Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."

 
Deel deze pagina
Facebook Twitter Linkedin

Resources

Books

Bo Burlingham (200), Small Giants. Companies That Choose to BE Great Instead of Big
Waarom klein blijven groot kan zijn voor een onderneming. En waarom visie de beslissende factor is. Meer...

Films

Coach Carter
Coach Carter is een prachtige film over een coach die op een moeilijke middelbare school in een arme Amerikaanse buurt het basketballteam onder zijn hoede neemt. En uiteindelijk de leerlingen verbiedt te spelen totdat hun schoolresultaten in orde zijn. Maar meer nog laat de film zien door welke dalen en leerprocessen een leider moet gaan.
More...

Contact us

Click here to contact us.
create2connect
Van Speijkstraat 64-2
1057 HE Amsterdam
The Netherlands
Mobile: +31 6 22705153