Limits to Globalization wins The AAG Meridian Book Award
Limits to Globalization: The Disruptive Geographies of Capitalist Development by Eric Sheppard, Alexander von Humboldt Chair, University of California, Los Angeles, received the Meridian Book Award for Outstanding Scholarly Work in Geography awarded by the American Association of Geographers (AAG). The AAG awards the annual prize for a book that makes an unusually important contribution to advancing the science and art of geography, written or co-authored by a geographer published in the previous calendar year.
In Limits to Globalization, Sheppard summarizes how globalizing capitalism―the economic system now presumed to dominate the global economy―can be understood from a geographical perspective. This is in contrast to mainstream economic analysis, which theorizes globalizing capitalism as a system that is capable of enabling everyone to prosper and every place to achieve economic development. A geographical perspective has two principal aspects: Taking seriously how the spatial organization of capitalism is altered by economic processes and the reciprocal effects of that spatial arrangement on economic development, and examining how economic processes co-evolve with cultural, political, and biophysical processes. From this, Sheppard concludes in his book that globalizing capitalism tends to reproduce social and spatial inequality; poverty's persistence is due to the ways in which wealth creation in some places results in impoverishment elsewhere.
Sheppard’s critique in response to the Brexit debate last year, Is globalization the problem? is also available on the OUP Blog.
(May 2, 2017)
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