Knowledge Capitalism, Globalization, and Hegemony: Toward a Socio-Spatial Approach

Within a socio-spatial theoretical approach, Knowledge Capitalism is a new capitalist phase of development emerging in the eighties of the 20th century, in which knowledge valorization becomes the principal productive force of economic growth. Globalization is understood as an essentially spatial co...

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Bibliographic Details
Main Authors: Sergio Ordóñez, Carlos Sánchez
Format: Article
Language:English
Published: Pluto Journals 2016-03-01
Series:World Review of Political Economy
Online Access:https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.7.1.0004
Description
Summary:Within a socio-spatial theoretical approach, Knowledge Capitalism is a new capitalist phase of development emerging in the eighties of the 20th century, in which knowledge valorization becomes the principal productive force of economic growth. Globalization is understood as an essentially spatial concept, which refers to the spatial dimension of Knowledge Capitalism, that takes place accordingly with a new socio-spatial tendency in which it is the (global) geography of capital, which molds the geography of national states, implying thus a new pattern of geographical uneven development. The discussion of Gramscian hegemony concept is introduced to analyze the two hegemonic projects actually struggling for a supranational supremacy: (1) the crisis of the neoliberal project, which implies its own geopolitical economy spatiality; and (2) China, the BRICS, and the Global South asymmetrical hegemonic project and its geopolitical economy spatiality. Thus, globalization is an open process, which is actually and will be the result of different forms of re-articulation and re-hierarchization of spatial scales, depending on the hegemonic projects that prevail in the actual global struggle.
ISSN:2042-891X
2042-8928