The Mobility of Labor and Capital: A Study in International Investment and Labor Flow

Paperback
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Author: Saskia Sassen

ISBN-10: 0521386721

ISBN-13: 9780521386722

Category: Macroeconomics

Professor Sassen has updated her conclusions for this paperback edition.

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Offering a fresh understanding of the processes of international migration and specifically the US from 1960 to 1985.

List of tablesviiAcknowledgementsxIntroduction1The classics: over population, poverty, economic stagnation4A domestic or an international issue?6Outline of the book91Foreign investment: a neglected variable12The growth of direct foreign investment and the uprooting of people17The rise of global cities and the new labor demand212The use of foreign workers26Historical background27Migration as a global labor supply system31The state and immigration36Contemporary trends43Conclusion523The new immigration55Background: formation of the low-wage labor supply56A new phase in U.S. immigration62Immigrant workers: basic characteristics68Undocumented alien workers79Non-immigrant alien workers82Conclusion83Appendix854The globalization of production: implications for labor migration94Industrialization and emigration95Foreign investment as a migration push factor98Employment implications of new growth patterns105The feminization of the new industrial workforce107The migration option115Conclusion119Appendix1215The rise of global cities and the new labor demand126Centralizing global management and servicing130Capital: the production of global control capability136Labor: economic restructuring as class polarization141New York City and Los Angeles: restructured economy and new labor demand146Advanced services, downgraded manufacturing, and informalization151Conclusion1686The reconcentration of capital in the United States: a new investment zone?171Elements for change in the spatial distribution of investment173Direct foreign investment in the United States177Conclusion184Conclusion186Notes189References202Index221