This book re-evaluates a rich scientific heritage of space- and history-sensitive development theories and produces an integrated methodology for the comparative analysis of urban and regional trajectories within a globalized world. The main argument put forward is that current mainstream analyses of urban and regional development have forgotten this rich heritage and fail to address the connections between different dimensions of development, the role of history and the importance of place and scale relations. The proposed methodology integrates elements from different theories – radical economic geography, regulation approach, cultural political economy, old and new institutionalism – that all share a strong concern with time and space dynamics. They are recombined into an interdisciplinary (meta)theoretical framework, capable of articulating the overall problem of socio-economic development and providing methodological anchors for comparative case-study analysis, while recognizing context specificities. The analytical methodology focuses on key dynamics and relations, such as strategic agency and collective action, institutions and structures, culture and discourse, as well as the tension between path-dependency and path-shaping. The methodology is then applied to eight urban and regional cases, mostly from Western Europe, but also from the United States and China. The case studies confirm the relevance of time- and space-sensitive analysis, not only for understanding development trajectories, but also for policy making. They ultimately highlight that, while post-war institutions were able to address systemic contradictions and foster a relatively inclusive development model, the neoliberal turn has led to reductionist policies that not only have resulted in an increase in social and spatial inequalities, but have also undermined growth and democracy.

In what ways are cities central to the evolution of contemporary global capitalism? And in what ways is global capitalism forged by the urban experience? This book provides a response to these questions, exploring the multifaceted dimensions of the city-capitalism nexus. Drawing on a wide range of conceptual approaches, including political economy, neo-institutionalism and radical political theory, this insightful book examines the complex relationships between contemporary capitalist cities and key forces of our times, such as globalization and neoliberalism. Taking a truly global perspective, Ugo Rossi offers a comparative analysis of the ways in which urban economies and societies reflect and at the same time act as engines of global capitalism. Ultimately, this book shows how over the past three decades capitalism has shifted a gear – no longer merely incorporating key aspects of society into its system, but encompassing everything, including life itself – and illustrates how cities play a central role within this life-oriented construction of global capitalism.

ÔThis is vintage Allen Scott, but also a tour dÕhorizon of the state of urban studies, 2012, by one of its foremost global practitioners: compulsory reading.Õ Ð Peter Hall, University College London, UK ÔIn this book, Allen Scott enriches his longstanding research into the ways in which city-regions function as the main economic engines of global capitalism. The end result is a seminal synthesis of how city-regions are increasingly enchained with one another in intensifying relations of competition and cooperation, and is a must-read for students and scholars alike.Õ Ð Ben Derudder, Monash University, Australia and Ghent University, Belgium ÔScottÕs book is a remarkable treatment of the emerging global economy, weaving together the frontiers of technology and the ways in which labor is managed and surplus created with the cities of tomorrow. His book challenges conventional notions of the Òglobal cityÓ to provide a more nuanced account of the ways in which the emerging culturalÐcognitive economy of the 21st century is producing urban landscapes. His conception of the city of tomorrow is informed by deep knowledge of the contemporary city around the world and provides the reader with the conceptual building blocks to re-frame how we think about urbanization now and in the future.Õ Ð Gordon L. Clark, University of Oxford, UK This innovative volume offers an in-depth analysis of the many ways in which new forms of capitalism in the 21st century are affecting and altering the processes of urbanization. Beginning with the recent history of capitalism and urbanization and moving into a thorough and complex discussion of the modern city, this book outlines the dynamics of what the author calls the third wave of urbanization, characterized by global capitalismÕs increasing turn to forms of production revolving around technology-intensive artifacts, financial services, and creative commodities such as film, music, and fashion. The author explores how this shift toward a cognitive and cultural economy has caused dramatic changes in the modern economic landscape in general and in the form and function of world cities in particular. Armed with cutting-edge research and decades of expertise, Allen J. Scott breaks new ground in identifying and explaining how the cities of the past are being reshaped into a complex system of global economic spaces marked by intense relationships of competition and cooperation. Professors and students in areas such as geography, urban planning, sociology, and economics will find much to admire in this pioneering volume, as will journalists, policy-makers, and other professionals with an interest in urban studies.

The culmination of more than two decades of work on the spatiality of economic forms, worlds, and lives, Variegated Economies tackles the question of how to approach, conceptualize, and analyze economies as geographically differentiated phenomena. Staged from the field of economic geography, the book seeks to build bridges to complementary developments in critical political economy and heterodox economic studies by way of a substantive theoretical and methodological program. Jamie Peck advances a series of arguments concerning the inherent-and highly consequential-spatiality of economic forms, worlds, and lives, engaging a range of issues from the diversity of capitalism(s) to the dynamics of late-stage neoliberalization, and from the problematic uneven geographical development to the challenges-cum-opportunities of conjunctural methodologies.

The recent financial meltdown and the resulting global recession have rekindled debates regarding the nature of contemporary capitalism. This book analyses the ongoing financialization of the economy as a development within capitalism, and explores the ways in which it has changed the organization of capitalist power. The authors offer an interpretation of the role of the financial sphere which displays a striking contrast to the majority of contemporary heterodox approaches. Their interpretation stresses the crucial role of financial derivatives in the contemporary organization of capitalist power relations, arguing that the process of financialization is in fact entirely unthinkable in the absence of derivatives. The book also uses Marx’s concepts and some of the arguments developed in the framework of the historic Marxist controversies on economic crises in order to gain an insight into the modern neoliberal form of capitalism and the recent financial crisis. Employing a series of international case studies, this book will be essential reading for all those with an interest in the financial crisis, and all those seeking to comprehend the workings of capitalism.

This book provides an up-to-date, critical review of theoretical concepts connecting artists and urban development. It focuses on the multidimensionality of potential and actually observed interactions between artists and cities and their impacts on urban space, its form, functions and perceptions. Departing from the viewpoint that a more nuanced geography of artists is still needed to fully conceptualise the diversity of roles artistic creatives play in urban transformations, the book presents contributions with a common denominator of distinguishing artists as a unique professional and social group. The essays focus on the complexity of the artists’ spatial preferences and analyse a myriad of expressions of artists’ presence in urban centres in different geographic, political, economic, social, and spatial contexts drawing on experiences from 16 cities across Europe. The book presents several case studies ranging from Spain to Russia and from Scandinavia to Slovenia, and offers new pathways into understanding the implications of artists’ residence and activities in contemporary cities. Apart from presenting less obvious expressions of artists’ involvement in urban transformations such as their participation in urban planning or grass root urban movements, the volume explores the ambivalence of artists’ interactions with cities. Particular chapters test several divergent narratives of artistic creatives as inspirers and instigators of urban changes, pioneers of gentrification, contesters and resisters of neoliberal urban policies or mere indicators of transformations inspired by other actors, instrumentalized by public and private stakeholders.