Globalization

Sassen’s article attempts to unravel how the global economy is made up and how it differs specifically with the use of technology. What telecommunication then creates is the notion of ‘capital mobility.’ Production development draws upon international realms where management control creates a new set of organization in reference to products and in the end...a global financial network. It seems that Sassen’s article focuses more on how the global market is made up, instead of understanding how the term globalization functions outside of economic means and the ‘international regime.’ Globalization can not be looked at as a simple beneficial movement that produces international employment and capital mobility, but instead it needs to be read in a global perspective. Also, this idea of the homogenization of economic spaces and social spaces seems to suggest that the circulation of capital is the only key component to the production of space and culture. I think Castells article digs deeper into the new meanings that a global city builds and rebuilds. The sentence that seems to capture this phenomenon perfectly is, “Overall, the new urban world seems to be dominated by the double movement of inclusion into trans-territorial networks, and exclusion by the spatial separation of places.” So, isn't worth asking, how does globalization work internationally?