Economic Transformations – serie

The term "market" originally portrayed a public space for economic transactions but the term has since evolved into an abstract and disputed idea. Despite modern markets seemingly omnipresent nature, their specific geographies have undergone relatively little analysis.This collection of new essays rediscovers the physical space that markets inhabit and explore how the impact of political, social and economic factors determine the shape of a particular market space. The essays present new research from the fields of geography, economics, political economy and planning and provide valuable case study material to show how markets are contested, constructed and placed. Rather than separate markets from the surrounding society and state, these essays connect markets to their wider context and showcase how economic geography can combine with other disciplines to throw new light on spaces of exchange.

Since the global financial crisis, the world has seen a stark rise in financial investment in farming and agricultural production. Indeed, finance has been identified as one of the main causes of the so-called “global land rush”. In a world with a growing population that needs to be fed, the financial returns from agriculture are sold as safe bets. The debate that this has prompted has been frequently alarmist, with financiers blamed for rising land prices, corporate enclosures, the dispossession of smallholder farmers and the expansion of large-scale industrial agriculture.Stefan Ouma speaks to these concerns via an ethnographic journey through the agrifocused asset management industry. His penetrating analysis of case studies taken from New Zealand and Tanzania allows him to put global finance “in place”, bringing into view the flesh-and-blood institutions, globespanning social relations, everyday practices and place-based value struggles that are often absent in broad-brushed narratives on the “financialization of agriculture”. The book closes with a key question for the Anthropocene: which form of finance forwhich kind of food future?

There has been a recent resurgence in interest in the theorization of labour regimes in various disciplines. This has taken the form of a concern to understand the role that labour regimes play in the structuring, organization and dynamics of global systems of production and reproduction. The concept has a long heritage that can be traced back to the 1970s and the contributions to this book seek to develop further this emerging field.The book traces the intellectual development of labour regime concepts across various disciplines, notably political economy, development studies, sociology and geography. Building on these foundations it considers conceptual debates around labour regimes and global production relating to issues of scale, informality, gender, race, social reproduction, ecology and migration, and offers new insights into the work conditions of global production chains from Amazon's warehouses in the United States, to industrial production networks in the Global South, and to the dormitory towns of migrant workers in Czechia. It also explores recent mobilizations of labour regime analysis in relation to methods, theory and research practice.

Climate change is increasingly contested on financial terms. Different actors are advancing competing climate visions and interests by adopting financial positions. International institutions urge action by identifying financing gaps needed to meet climate targets. The finance sector claims it holds the key to unlocking money needed for climate investment. Activists expose greenwashing while using financial tactics to undermine fossil fuels. Vulnerable countries demand wealthy governments repay historical climate debts.This book offers an accessible and critical guide to the political economy and economic geography of climate finance. It identifies six competing "positions" of climate finance to make sense of the array of financial instruments, institutions and ideas that are remaking the relationship between capitalism and climate change. Using a wide range of case studies, from green bonds, to divestment, carbon offsetting, climate tech, central banks, and international climate funds, the authors show how climate finance is shaping our collective climate futures.

The people of China and its (widely differing) regions have not all benefited equally from the country’s rapid increase in prosperity, and the speed and timing of increases have varied across time and space. However, China has managed to help those left behind to catch up. These outcomes reflect a specific social model embedded in China’s cultural and political milieu. Exploring the Chinese Social Model presents new analysis and fresh research on how China deals with unequal development and inequality in the context of its surging economic growth.The book sheds new light on the workings of China’s social model, going beyond binary notions of market and state, and considers the new facets of its socialist market economy. In exploring these questions, the authors consider what is special about China and what the Chinese model is all about.

Cities are seen as essentially “good”: innovative, pro-growth, poverty-reducing. In a challenging corrective to this common portrayal, Christof Parnreiter argues that the same urban properties which make cities so extraordinarily proficient at producing the “good” innovations – agglomeration economies, network externalities and a massive built environment – also provides fertile ground for the development of the “bad” ones, on which urban elites have syphoned off wealth from other localities and regions.The book scrutinizes the interconnections between wealth creation and poverty generation by putting cities centre stage as a fundamental explanatory category for understanding how the wealth of nations is produced as well as for grasping how the poverty of nations is created. It seeks to correct the developmentalist enthusiasm, commonplace in urban and regional studies, for cities’ efficiency, which has displaced interest in cities’ role in uneven development.

Cities are seen as essentially “good”: innovative, pro-growth, poverty-reducing. In a challenging corrective to this common portrayal, Christof Parnreiter argues that the same urban properties which make cities so extraordinarily proficient at producing the “good” innovations – agglomeration economies, network externalities and a massive built environment – also provides fertile ground for the development of the “bad” ones, on which urban elites have syphoned off wealth from other localities and regions.The book scrutinizes the interconnections between wealth creation and poverty generation by putting cities centre stage as a fundamental explanatory category for understanding how the wealth of nations is produced as well as for grasping how the poverty of nations is created. It seeks to correct the developmentalist enthusiasm, commonplace in urban and regional studies, for cities’ efficiency, which has displaced interest in cities’ role in uneven development.

There has been a recent resurgence in interest in the theorization of labour regimes in various disciplines. This has taken the form of a concern to understand the role that labour regimes play in the structuring, organization and dynamics of global systems of production and reproduction. The concept has a long heritage that can be traced back to the 1970s and the contributions to this book seek to develop further this emerging field.The book traces the intellectual development of labour regime concepts across various disciplines, notably political economy, development studies, sociology and geography. Building on these foundations it considers conceptual debates around labour regimes and global production relating to issues of scale, informality, gender, race, social reproduction, ecology and migration, and offers new insights into the work conditions of global production chains from Amazon's warehouses in the United States, to industrial production networks in the Global South, and to the dormitory towns of migrant workers in Czechia. It also explores recent mobilizations of labour regime analysis in relation to methods, theory and research practice.

The mythic story of English America’s origins has long focused on the Mayflower pilgrims and their 1620 democratic compact. Less well known are the activities of the leading joint-stock royal charter companies that established colonial settlements like those of the Virginia and Hudson's Bay Companies. Operating in ways often independent of the Crown, these for-profit companies established communities, trade routes and legal regimes in what Whiteside terms "proprietary settler colonialism", all of which were pivotal in shaping the political-economic transformation of British North American colonies and their capitalist evolution. The fortunes of these company colonies were built on unfree labour, the appropriation of land and displacement of Indigenous peoples. The book explores the consequences of colonizing companies' activities by connecting their historical significance to contemporary struggles for reconciliation, decolonization and reclamation.

Doreen Massey (1944–2016) changed geography. Her ideas on space, region, labour, identity, ethics and capital transformed the field itself, while also attracting a wide audience in sociology, planning, political economy, cultural studies, gender studies and beyond. The significance of her contributions is difficult to overstate. Far from a dry defence of disciplinary turf, her claim that “geography matters” possessed both scholarly substance and political salience.Through her most influential concepts – such as power-geometries and a “global sense of place” – she insisted on the active role of regions and places not simply in bearing the brunt of political-economic restructuring, but in reshaping the uneven geographies of global capitalism and the horizons of politics. In capturing how global forces articulated with the particularities of place, Massey’s work, right up until her death, was an inspiration for critical social sciences and political activists alike. It integrated theory and politics in the service of challenging and transforming both.This collection of Massey’s writings brings together for the first time the full span of her formative contributions, showcasing the continuing relevance of her ideas to current debates on globalization, immigration, nationalism and neoliberalism, among other topics. With introductions from the editors, the collection represents an unrivalled distillation of the range and depth of Massey’s thinking. It is sure to remain an essential touchstone for social theory and critical geography for generations to come.

Doreen Massey (1944–2016) was one of the most influential geographers of the late-twentieth and early-twenty first centuries. Her ideas on space, region, identity, ethics and capital transformed the field itself, while also attracting a wide audience in sociology, planning, political economy, cultural studies, gender studies, and beyond. The significance of her contributions is difficult to overstate. Massey established both scholarly substance and political salience for the claim that “geography matters”, not as a dry defence of disciplinary turf but as a rallying cry. Through her most influential concepts – such as power-geometries and a “global sense of place” – she insisted on the active role of regions and places not simply in bearing the brunt of restructuring, but in reshaping the uneven geographies of global capital. These concepts became key tools in the analytical repertoire in geography and beyond, influencing globalization debates of the 1990s. Right up until her death, Massey’s work integrated theory and politics, analyzing how global forces articulated with the particularities of place and politics – in the interests of challenging and transforming both. This collection of Massey’s writings brings together for the first time her formative contributions, showcasing the continuing relevance of her ideas to current debates on financialization, globalization, immigration and nationalism, among other topics. With introductions and explanatory notes from the editors, the collection provides an unrivalled introduction to the range and depth of Massey’s contributions, which are sure to remain an essential touchstone for social theory and critical geography for generations to come.

Doreen Massey was a creative scholar, inspiring teacher and restless activist. Her path-breaking thinking about space, place, politics and economy changed not only geography but the critical social sciences, initiating new ways of seeing, understanding and indeed transforming the world.This collection of commissioned essays, including from Doreen Massey’s long-time interlocutors and collaborators, explores both the generative sources and the continuing potential of her remarkably wide-ranging and influential body of work. It provides an unparalleled assessment of the political and social context that gave rise to many of Massey’s key ideas and contributions – such as spatial divisions of labour, power-geometries and the global sense of place – and how they subsequently travelled, and were translated and transformed, both within and outside of academia.Looking forward, rather than merely backward, the collection also highlights the many ways in which Massey’s formulations and frameworks provide a basis for new interventions in contemporary debates over immigration, financialization, macroeconomic crises, political engagement beyond academia, and more.Doreen Massey: Critical Dialogues is a testament to the continuing relevance of Doreen Massey’s work across a wide range of fields, serving as an invaluable companion to the new collection of Massey's own writings, The Doreen Massey Reader published simultaneously and also compiled by the editors.