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Keywords:

  • Globalisation;
  • spatiality;
  • local democracy;
  • regional development

Globalisation has come in for a lot of criticism. With its emphasis on the unimpeded circulation of capital, it is increasingly regarded as a negative phenomenon that prompts ‘creative destruction’ of politico-economic spaces at various geographical scales. Globalisation is also thought to cause wage stagnation, widening inequalities, higher unemployment and greater insecurity as well as to undermine local democracy and environmental sustainability. This paper argues that those criticisms should not be unproblematically accepted and makes a case for a less biased and more nuanced interpretation.