1. Geography 3225 Industrial Location and Globalization of Enterprise

2. 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

3. 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.

4. 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

5. 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)

6. 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

7. 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

8. 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

9. International Division of Labour ‘Pre-global’ international division of labour ‘Pre-global’ international division of labour Core Core Periphery Periphery E.g. Verdant Works of Dundee E.g. Verdant Works of Dundee Jute employed 50,000 at peak in Dundee Jute employed 50,000 at peak in Dundee

10. New International Division of Labour Fragmentation of manufacturing production Fragmentation of manufacturing production Newly industrialized countries Newly industrialized countries New Economy = information economy New Economy = information economy New global financial system New global financial system

11. Globalization Debate Debate Hyperglobalists Hyperglobalists Ohmae Ohmae Sceptics Sceptics World economy was more open 1870-1914 World economy was more open 1870-1914 Trade flows Trade flows Migration Migration