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Geography 3225. Industrial Location and Globalization of Enterprise. Industrial Location and Globalization of Enterprise. Review Explore course web page Field trip Pratt and Whitney, Black Velvet Distillers, Lethbridge Iron Works, & Medium-sized business Modern Times Parse the Course Title
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Geography 3225 Industrial Location and Globalization of Enterprise
Industrial Location and Globalization of Enterprise • Review • Explore course web page • Field trip • Pratt and Whitney, Black Velvet Distillers, Lethbridge Iron Works, & Medium-sized business • Modern Times • Parse the Course Title • Geo-Economy
Modern Times • Modern Times is a 1936 Charlie Chaplin classic. • Final Examination Question (one of several): • Using terms, concepts and theories developed during the course, discuss the relevance (or irrelevance) of Modern Times to an understanding of contemporary trends in the industrial landscape.
Themes and Issues in Modern Times • 1. "Time" and our synchronized age • 2. Division of Labour • 3. Assembly Line/Mass Production • 4. Surveillance of the work place • 5. Intensifying the use labour/speed-up • 6. Occupational hazards/repetitive stress injuries • 7. Technological change
Industrial • Latin: industria - diligent activity directed to some purpose • Industry = manufacturing • but "mining industry", "tourism industry" • Industry ≈ sector • Industry ≠ plant or establishment • Industrialization - measurable process • growth in mfg. labour force as percent of total • growth in mfg. value added as percent of total GDP • (Σ VA)
Location (Key concept of geography) • Location and Place • Location Theory • neo-classical location theory-classical economics • assumptions, equilibrium, normative theories • Industrial Location Theory • Behavioural approach - decision-making • Political economy approach - radical theory - structuralism, Marx
Globalization • “increasing interconnectedness of different parts of the world through common processes of economic, environmental, political and cultural change” (Knox and Marston) • International trade/EU/Euro • Global warming • Cultural diffusion • Coca Cola • Penetration of English • Homogeneous landscapes/lifestyles/diets/popular culture • Processes reshaping the global economic map
Enterprise • a factor of production • enterprise ≈ entrepreneurialism • a firm, a social institution designed to make profits • Enterprise becomes globalized • Trade • Licensing, strategic alliances, contracts • FDI • Enabled by technological change and the State
International Division of Labour • ‘Pre-global’ international division of labour • Core • Periphery • E.g. Verdant Works of Dundee • Jute employed 50,000 at peak in Dundee
New International Division of Labour • Fragmentation of manufacturing production • Newly industrialized countries • New Economy = information economy • New global financial system
Globalization • Debate • Hyperglobalists • Ohmae • Sceptics • World economy was more open 1870-1914 • Trade flows • Migration