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From Wall Street Traders to Bree Street Traders: The Global Economic Crisis and Street Traders in Johannesburg

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Dirty Cities

Part of the book series: International Political Economy Series ((IPES))

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Abstract

The current global political economy is widely understood as a shift of power from centralized state authorities to private firms and other non-state entities. At the same time, integrated global financial markets play a large and increasing role in shaping outcomes in national labour and product markets. Technological and organizational innovations have been central in these trends; however, the link between technology and social and political outcomes is not straightforward. Technological advances may be used for transformative, constructive purposes, empowering those who are typically excluded from political processes. But they also have the capacity to exacerbate, intensify and broaden the destructive impacts of the already powerful, with dire consequences for many, consequences that are difficult to measure or document.

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Authors
  1. Jennifer Cohen
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Editors and Affiliations

  1. King’s College London, UK

    Leila Simona Talani (Jean Monnet Chair in European Political Economy), Alexander Clarkson (Lecturer) & Ramon Pacheco Pardo (Lecturer) (Jean Monnet Chair in European Political Economy),  (Lecturer) &  (Lecturer)

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© 2013 Jennifer Cohen

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Cohen, J. (2013). From Wall Street Traders to Bree Street Traders: The Global Economic Crisis and Street Traders in Johannesburg. In: Talani, L.S., Clarkson, A., Pardo, R.P. (eds) Dirty Cities. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137343154_8

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