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World cities under conditions of financialized globalization: Towards an augmented world city hypothesis

机译:金融全球化的条件下的世界城市:走向增强的世界城市假说

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This paper interrogates the enduring yet changing role of world cities as centers of capitalist command and control' amidst deepening uneven development. By incorporating financialization processes in Friedmann's (1986) world city hypothesis, we hypothesize that the world city archipelago remains an obligatory passage point for the relatively assured realization of capital. The advanced producer services complex appropriates superprofits as producers of co-constitutive knowledge on operational and financial firm restructuring, the creation of new circuits of value, and capital switching. Geographically, beyond the international financial center shortlist, the wider world city archipelago inserts finance capital (logics) in contemporary economies and societies.
机译:本文在不断加剧的不均衡发展中审视了世界城市作为资本主义指挥与控制中心的持久而不断变化的作用。通过将金融化过程纳入弗里德曼(Friedmann,1986)的世界城市假说中,我们假设世界城市群岛仍然是相对有保证地实现资本的必经之路。先进的生产者服务中心将超级利润作为生产经营和金融公司重组,建立新的价值循环以及资本转换的共同构成知识的生产者。从地理上讲,除了国际金融中心入围名单以外,更广阔的世界城市群岛还为当代经济和社会注入了金融资本(逻辑)。

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