
Harvey's Spatial Fix
Harvey's Spatial Fix refers to the idea that capitalism overcomes economic crises by relocating resources and investments to different geographical areas. When there is a surplus of goods or a decline in profits in one place, businesses and capital can "fix" the problem by moving to new locations where they find cheaper labor, more demand, or fewer regulations. This constant movement helps to regenerate profits and sustain economic growth, but it can also lead to inequalities and social issues in both the original and new locations. Ultimately, it highlights the dynamic nature of economic systems in response to challenges.