Challenging the prevailing idea that labor markets are governed by universal economic processes, this significant work argues instead that labor markets develop in tandem with social and political institutions, and thus function in locally specific ways. Focusing on the complex social processes that lie at the heart of the labor market--those of labor control, labor reproduction, and labor regulation--the author develops an innovative political economy approach that is sensitive to the ways these processes are locally constituted. He also demonstrates how the geographically uneven development...

This pioneering volume proposes a compelling new theory of how regions have sustained their economic viability in the era of multinational corporations. Unlike traditional approaches, which analyze economic systems in terms of their mechanics (inputs, outputs, prices, technology, etc.), this work views them as systems for coordinating human actions and relationships. Reconceptualizing the role of learning, technology, and local institutions in development, Storper illuminates the key role of regional economies as building blocks of the increasingly connected world.

Since the large-scale manufacture of personal timepieces began, industry leadership has shifted among widely disparate locations, production systems, and cultures. This book recounts the story of the quest for supremacy in the manufacture of watches--from the cottage industries of Britain; to the preeminence of Switzerland and, later, the United States; to the high-tech plants of Japan and the sweatshops of Hong Kong. Glasmeier examines both the strategies adopted by specific firms and the interplay of such varying influences as technological change, cyclical economic downturns, war, and...