ABSTRACT

There is substantial evidence that a new ‘transnational corporate class’ is emerging which is the primary agent of operating the global economy, and which relies on intense access to global telematics networks on a continuous basis to ‘command space’ (Sklair, 1991; 62-71). Massey writes that:

at the end of all the spectra are those who are both doing the moving and the communicating

and who are in some way in a position of control in relation to it. These are the jet-setters, the

ones sending and receiving faxes and e-mail, holding the international conference calls, the

ones distributing the films, controlling the news, organising the investments and the

international currency transactions. These are the groups who are really, in a sense, in charge of

time-space compression, who can effectively use it and turn it to their advantage.