Post-crisis cities compete to host centralized finance and command functions

Evidence

Secondly, ‘[u]rban areas can … compete for those key control and command functions in high finance and government that tend, by their very nature, to be highly centralized while embodying immense power over all manner of activities and spaces. Cities can compete to become centres of finance capital, of information gathering and control, of government deci­ sion-making.’ — Alex Callinicos, Against Postmodernism, 580

Categorization

• XREF: connects to: Deindustrialization forced major cities to compete as financial and entertainment centers. — David Harvey, The Condition of Postmodernity: An…, 566; The 1970s economic crisis fundamentally changed urban development patterns — Alex Callinicos, Against Postmodernism: A Marxist…, 579

Broader Connections

• Deindustrialization forced major cities to compete as financial and entertainment centers. #corroborates (0.82) — David Harvey, The Condition of Postmodernity, 566
• The 1970s economic crisis fundamentally changed urban development patterns #corroborates (0.80) — Alex Callinicos, Against Postmodernism, 579