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London as a global city12/23/2023 ![]() ![]() ![]() Today, alongside this socio-economic analysis, the geopolitical role of the cities is also considered. They take care of the children, provide assistance to the elderly, and clean the houses and offices, all jobs connected with logistics, just to give some examples. At this time which is so terrible because of the Coronavirus, I think that each of us can understand that – smart working is quite useful but also very complex if you can’t ever look someone in the face!Ī second social sector of less skilled workers, who carry out service functions for wealthier classes and, as a result, tend to concentrate in the same places as members of the upper class live and work, congregates alongside the executives, managers and staff who work in large companies. Even in the most digitalised and financialised economic systems, nothing can replace 100% contact between people – being able to talk directly and easily increases professional efficiency. ![]() Unlike the 1970s, when office centres were ejected from urban contexts, and downtowns emptied, with New York and London even going bankrupt in the following decade, there has been a renaissance of cities and a return to them since the end of the 1980s. Sassen coined the concept, referring to New York, London and Tokyo, in her book ‘ The Global City’ explaining how there is the need to concentrate some management and intermediation functions in an increasingly globalised economy (think of the large banks, insurance companies and service companies, etc.) in some hubs, often differentiated by function inside the same global network, where people with strong skills and specialisations meet physically and work together. The term global city was effectively codified by Saskia Sassen, the American sociologist of Dutch origin, in 1991. What does ‘Global Cities’ mean? What are the factors that determine the creation of a ‘ Global City’? What transformation processes have the greatest influence on the development of a city making it really ‘global’? The title of the last report that you drew up for the ISPI is ‘ The Century of Global Cities: How Urbanisation Is Changing the World and Shaping our Future’. ![]()
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