Capitalism is an imperfect system, which creates problems that need fixing. For example, over-accumulation can result in surpluses, dumping, idle capacity, lack of investment opportunities, and unemployment. The capitalist system fixes these problems by developing new (temporal) sites (spatial) that can absorb surplus labour and/or capital. MacDonald (2007) PHG31, 5 thinks that so much money and time is spent on outer space that ‘capitalism will never reach wealth saturation’. MacDonald also has a fascinating account of GPS and sat-nav.
Subjects: Earth Sciences and Geography.