The erudition of global cities: the enculturation of cities competitiveness and the marginalizing the wealth of the peripheral cities region

Abstract

Since the inception in 1776, Adam Smith's Wealth of Nation seems to promulgate well the notion of competitiveness that entailed the free-market economic system and the political system of representative democracy. The philosophical thought flourished for 233 years, in the construction of social order by harnessing the powerful force of individual self-interest, and indeed, seems to be the sole engine of the mercantile system. This doctrine, which is skewed towards empiricism, scion systematically the manifestation of competitive free trade of one nation, on the premised that a country most effectively promotes its own wealth by providing a framework of laws that leaves individuals free to pursue the interest they have in their own economic betterment. These manifestations, on the other hand, have accentuated the monopolizing of world economy by staging on the principles of scarcity, and currently is very well resonates as the nexus of the New World Order, orchestrated by the Empire. After much theorizing the termed economically, competitiveness is now the clichés and proclaimed a panacea for all economic deprivations and reckoned as the force for global security, on the pretext that societies around the world became more integrates into the global capitalist system. The dialectical of competitiveness are abounded and were very well inculcated in the culture the new world order, the domination of economic globalization, the tenets of 'corporatocracy', when they are generally all based in global cities, as their command center. It is therefore, this paper will reexamine the present trajectories that hightened the sholarship of global cities, that as having hypothesized ever since by Adam Smith, become so thoroughly ingrained into our intellectual discource on competitiveness. These consequences will further comprehend on how globalized economy, controlled by global corporations, having their command center in global cities could marginalized urban space and form to other parts of peripheral cities region and also, it is hope that this paper will able to offer a critical framework in the construct of competitive cities region endowment, base on the principal of abundance, in the era of globalized economy.