Spatial Competition and Unevenness in Global Capitalism: Labor, Nature, and the Seesaw of Capital

Critical studies of globalization seek to unmask how this stage of capitalist history reshapes patterns of uneven development around the world. While globalization can reproduce long-standing patterns of North-South unequal exchange, in this paper, I focus on how capital mobility and competition contribute to uneven development. Drawing primarily on Neil Smith's theory of uneven development, I offer a theoretical discussion of how capital's capacity to seesaw from place to place in its search for higher profits-and the spatial competition between places that this capacity triggers-constitutes a source of unevenness. Regions, nations, and localities adapt to capital's seesaw by offering, among others, cheaper labor and lower environmental regulation costs. While this can work for a time, advantages are either eroded by the unfolding contradictions of capitalism or competed away by the emergence of new areas. In the last section, I offer a tentative illustration of this argument with a brief examination of pollution havens and Special Economic Zones.