Summary
Contents
Subject index
Cities in a World Economy examines the emergence of global cities as a new social formation. As sites of rapid and widespread developments in the areas of finance, information and people, global cities lie at the core of the major processes of globalization. The book features a cross-disciplinary approach to urban sociology using global examples, and discusses the impact of global processes on the social structure of cities. The Fifth Edition reflects the most current data available and explores recent debates such as the role of cities in mitigating environmental problems, the global refugee crisis, Brexit, and the rise of Donald Trump in the United States.
The New Inequalities Within Cities
The New Inequalities Within Cities
When manufacturing was the leading sector in market-based economies for much of the twentieth century, it created the conditions for the expansion of a vast middle class because (1) it facilitated unionization; (2) it was based in good part on household consumption and hence wage levels mattered in that they created an effective demand; and (3) the relatively high wage levels and social benefits typical of the leading manufacturing sectors became a model for broader sectors of the economy. What is the impact of the ascendance of finance and producer services on the broader social and economic structure of major cities? And what are the consequences of the new urban economy for the earnings distribution ...
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