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| Author: | Mitchell, K. |
| Title: | Flexible circulation in the Pacific R18: capitalisms in cultural context |
| Journal: | Economic Geography
1995 : OCT, VOL. 71:4, p. 364-382 |
| Index terms: | CAPITALISM HONG KONG FLEXIBILITY |
| Language: | eng |
| Abstract: | Disagreements about the nature of global capitalist restructuring often arise from different conceptions of the degree to which economic practice is socially embedded. Scholars who follow an economic view believe that sociocultural relations are either irrelevant or epiphenomenal to the location of production and circulation of capital in an advanced capitalist economy. In contrast, those who believe in the embeddedness of economic practice argue for the importance of preexisting social and spatial structures which influence all business behavior. In this work the author follows the latter approach by examining a "modern" capitalist system that is deeply embedded in sociocultural relations, yet extremely successful in the contemporary international economy. |
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