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Limits to Globalization: The Disruptive Geographies of Capitalist Development

Author

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  • Sheppard, Eric

    (University of California, Los Angeles)

Abstract

This book summarizes how globalizing capitalism-the economic system now presumed to dominate the global economy-can be understood from a geographical perspective. This is in contrast to mainstream economic analysis, which theorizes globalizing capitalism as a system that is capable of enabling everyone to prosper and every place to achieve economic development. From this perspective, the globalizing capitalism perspective has the capacity to reduce poverty. Poverty's persistence is explained in terms of the dysfunctional attributes of poor people and places. A geographical perspective has two principal aspects: Taking seriously how the spatial organization of capitalism is altered by economic processes and the reciprocal effects of that spatial arrangement on economic development, and examining how economic processes co-evolve with cultural, political, and biophysical processes. From this, globalizing capitalism tends to reproduce social and spatial inequality; poverty's persistence is due to the ways in which wealth creation in some places results in impoverishment elsewhere.

Suggested Citation

  • Sheppard, Eric, 2016. "Limits to Globalization: The Disruptive Geographies of Capitalist Development," OUP Catalogue, Oxford University Press, number 9780199681167.
    • Handle: RePEc:oxp:obooks:9780199681167
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    Citations

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    Cited by:

    1. Jim Glassman, 2018. "Geopolitical economies of development and democratization in East Asia: Themes, concepts, and geographies," Environment and Planning A, , vol. 50(2), pages 407-415, March.
    2. Suryono Herlambang & Helga Leitner & Liong Ju Tjung & Eric Sheppard & Dimitar Anguelov, 2019. "Jakarta’s great land transformation: Hybrid neoliberalisation and informality," Urban Studies, Urban Studies Journal Limited, vol. 56(4), pages 627-648, March.
    3. Chris Meulbroek & Majed Akhter, 2019. "The prose of passive revolution: Mobile experts, economic planning and the developmental state in Singapore," Environment and Planning A, , vol. 51(6), pages 1242-1263, September.
    4. Colin Flint & Raymond Dezzani, 2018. "State maneuver in the capitalist world-economy: A political geography of contextualized agency," Environment and Planning A, , vol. 50(8), pages 1580-1601, November.
    5. Nicholas A Phelps & Miguel Atienza & Martin Arias, 2018. "An invitation to the dark side of economic geography," Environment and Planning A, , vol. 50(1), pages 236-244, February.
    6. Christof Parnreiter, 2022. "The Janus-faced genius of cities," Urban Studies, Urban Studies Journal Limited, vol. 59(7), pages 1315-1333, May.
    7. Muhammad Khalil Khan & Imran Ali Sandano & Cornelius B. Pratt & Tahir Farid, 2018. "China’s Belt and Road Initiative: A Global Model for an Evolving Approach to Sustainable Regional Development," Sustainability, MDPI, vol. 10(11), pages 1-20, November.
    8. Yu Huang & Yuejing Ge & Wei Hu, 2019. "Multiple Dynamic Mechanisms of Globalization: Alternatives to Capitalism," Sustainability, MDPI, vol. 11(19), pages 1-15, September.
    9. Eric Sheppard & Helga Leitner, 2018. "A tale of two GPEs: Decentering macro-geopolitics," Environment and Planning A, , vol. 50(2), pages 479-483, March.
    10. Eric Sheppard, 2020. "What’s next? Trump, Johnson, and globalizing capitalism," Environment and Planning A, , vol. 52(4), pages 679-687, June.

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