ARC3963_Reading I_Global City_Strategic Site.pdf - The Global City Strategic Site\/New Frontier Author(s Saskia Sassen Reviewed work(s Source American

ARC3963_Reading I_Global City_Strategic Site.pdf - The...

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The Global City: Strategic Site/New Frontier Author(s): Saskia Sassen Reviewed work(s): Source: American Studies, Vol. 41, No. 2/3, Globalization, Transnationalism, and The End of the American Century (Summer/Fall, 2000), pp. 79-95 Published by: Mid-America American Studies Association Stable URL: . Accessed: 06/10/2012 09:17 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . . JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact [email protected] . Mid-America American Studies Association is collaborating with JSTOR to digitize, preserve and extend access to American Studies.
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The Global City: Strategic Site/New Frontier Saskia Sassen The master images in the currently dominant account about economic globalization emphasize hypermobility, global communications, the neutraliza- tion of place and distance. There is a tendency in that account to take the existence of a global economic system as a given, a function of the power of transnational corporations and global communications. But the capabilities for global operation, coordination and control contained in the new information technologies andin the power oftransnational corpora- tions need to be produced. Byfocusing onthe production of these capabilities we add a neglected dimension to the familiar issue of the power of large corporations and the new technologies. The emphasis shifts to the practices that constitute what we call economic globalization and global control: the work of producing and reproducing the organization and management of a global production system and a global marketplace for finance, both under conditions of economic concentration. A focus on practices draws the categories of place and production process into the analysis of economic globalization. These are two categories easily overlooked in accounts centered onthe hypermobility of capital and the power of transnationals. Developing categories such as place and production process does not negate the centrality of hypermobility and power. Rather, it brings to the fore the reality that many of the resources necessary for global economic activities are not hypermobile and are, indeed, deeply embedded in place, notably places such as global cities and export processing zones. 0026-3079/2000/4 102/3-079$2.50/0 American Studies, 41:2/3 (Summer/Fall 2000): 79-95 79
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80 Saskia Sassen Why doesit matter to recover place and production in analyses of the global economy, particularly as these are constituted in major cities? Becauseit allows us to see the multiplicity of economies and work cultures in which the global information economy is embedded. It also allows us to recover the concrete, localized processes through
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