Sassen starts off by listing off questions that should be addressed in light of globalization: what jobs are created by globalization and high capital mobility? Is there a new economic configuration? What is it?A new strategic role for cities? She believes that place still matters and sets out to prove why.
Globalization, she argues, creates jobs. Every time businesses relocate they create a new demand for managerial positions and professional jobs as much as it creates low wage unskilled jobs. She discusses the enormous role speculation plays in globalization. This argument seems to be working against the importance of place in my mind.
The Urban Impact of Globalization:
I'll finish this later. I just got the overwhelming urge to take a nap.
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