Transcript Introductory Lecture

Geography 3225
Industrial Location and
Globalization of Enterprise
Industrial Location and
Globalization of Enterprise
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Review
Explore course web page
Field trip
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Pratt and Whitney, Black Velvet Distillers,
Lethbridge Iron Works, & Medium-sized
business
Modern Times
Parse the Course Title
Geo-Economy
Modern Times
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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
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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
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Latin: industria - diligent activity directed to
some purpose
Industry = manufacturing
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but "mining industry", "tourism industry"
Industry ≈ sector
Industry ≠ plant or establishment
Industrialization - measurable process
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growth in mfg. labour force as percent of total
growth in mfg. value added as percent of total GDP
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(Σ VA)
Location (Key concept of geography)
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Location and Place
Location Theory
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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
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“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
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Coca Cola
Penetration of English
Homogeneous landscapes/lifestyles/diets/popular
culture
Processes reshaping the global economic map
Enterprise
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a factor of production
enterprise ≈ entrepreneurialism
a firm, a social institution designed to make
profits
Enterprise becomes globalized
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Trade
Licensing, strategic alliances, contracts
FDI
Enabled by technological change and the State
International
Division of Labour
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‘Pre-global’ international division of labour
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Core
Periphery
E.g. Verdant Works of Dundee
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Jute employed 50,000 at peak in Dundee
New International Division of Labour
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Fragmentation of manufacturing
production
Newly industrialized countries
New Economy = information economy
New global financial system
Globalization
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Debate
Hyperglobalists
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Ohmae
Sceptics
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World economy was more open 1870-1914
Trade flows
 Migration
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