Economic Restructuring

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Economic Restructuring the Informational City,
cont.
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First a message re the remaining semester

• Project 3 make an appointment now
• Attendance, Readings Class
• Mid-term

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Mid-term Grades

• Percent based on 80 points
• A 72-80 (12)
• B 64-71 (8)
• C 56-63 (4)
• D 48-55 (4)
• F below 47 (1)

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Economic Restructuring

• From 1973 why?
• Winners losers -?
• Sector of economy
• Regional implications
• Enabling technologies -?

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Globalization

• Economic theorizes that local economy linked
  to global economy
• World Systems Wallersteins theory of core
  periphery (1974)
• Global economy goods services produced
  marketed by oligopolistic web of global corporate
  networks (only loosely regulated by
  nation-states)
• Cultural Questions the extent to which local
  cultures influences by western cultural expansion

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World Cities

• Patrick Geddes coined term in 1915 cities that
  influence ideas business throughout world
• Distinction between world cities megacities - ?
• World City hypothesis John Friedmann G. Wolff
  (1982)

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World Cities Hypothesis Way of asking
questions about a class of cities

• Commanding nodes of global economy
• Not all portions of the world tied into global
  spatial economy These areas live in subsistence
  economy
• Large, urbanized regions defined by dense
  patterns of interaction rather than by
  political-administrative boundaries
• Hierarchy of spatial articulations World
  Cities as command control centers of global
  system
• Cosmopolitan culture associated with world cities

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London as Global City
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Victorian England/ Late 20th Cent.
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Yuppies vs. Yuffies

• Terms coined in 1980s
• Yuppie
• Yuffie (British)
• DINK LOMBARD (British)

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Informational City

• Development of new international
  intermetropolitan divisions of labor
• Informational city degree to which city is
  hooked in (sociologist - Manuel Castells)
• space of flows vs. space of relative location

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