Jump to ContentJump to Main Navigation
AftermathA New Global Economic Order?$
Users without a subscription are not able to see the full content.

Craig Calhoun and Georgi Derluguian

Print publication date: 2011

Print ISBN-13: 9780814772836

Published to NYU Press Scholarship Online: March 2016

DOI: 10.18574/nyu/9780814772836.001.0001

Show Summary Details
Page of

PRINTED FROM NYU Press SCHOLARSHIP ONLINE (www.nyu.universitypressscholarship.com). (c) Copyright University of NYU Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in NYSO for personal use.date: 26 May 2022

A Savage Sorting of Winners and Losers, and Beyond

A Savage Sorting of Winners and Losers, and Beyond

(p.21) Chapter 1 A Savage Sorting of Winners and Losers, and Beyond

Saskia Sassen

NYU Press

This chapter integrates political economy with the spatial transformations of capital accumulation on a global scale in analyzing the winners and losers of the “savage sorting.” It views the world in which governments, especially in rich countries, support or even produce intensive privatization and mirror this in their regulatory and tariff policies. Rich governments typically combine advocacy for free trade with fiscal policies that make financing available for efforts to extend profit extraction into what had previously seemed unlikely domains. But at the same time, those economies are being subjected to new sorts of globalization that both challenge the tools governments use to manage domestic affairs and move entire sectors of production from one country to another. In less rich countries, the expansion of capitalist investment can offer opportunities—as it has in China.

Keywords:   capital accumulation, savage sorting, rich countries, intensive privatization, tariff policies, free trade, globalization, capitalist investment

NYU Press Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.