Global120_SectionPresentation_Handout

Global120_SectionPresentation_Handout - Saska Sassen...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Main Point: The main point of this article is to analyze the use of the electronic space by both individuals and corporations, in conjunction with a globalization in which the world economy is increasingly being utilized through the electronic space, while also considering factors of distributed power, centrality, and cyber- segmentation. Brief Summary: Financial markets are open largely through private electronic networks. o Due to increase in: speed, simultaneity, and interconnectivity o These properties have increased the magnitude and concentration as never before. Electronic space is embedded in the larger dynamics organizing society. Distributed power of electronic space is achieved through decentralization, openness, possibility of expansion, no hierarchy, no center, no conditions for authoritarian or monopoly control. There are 3 ways in which embededness of electronic space can be realized: o “There is no fully virtualized enterprise nor a fully digitalized industry.” Even highly digitalized economic sectors require a strategic site with infrastructure, labor resources, and a
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/01/2011 for the course GLOBAL 120 taught by Professor Nash during the Fall '09 term at UCSB.

Page1 / 2

Global120_SectionPresentation_Handout - Saska Sassen...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online