ABSTRACT

The spatial dimension to Marx's theory of accumulation under the capitalist mode of production has for too long been ignored, This is, in part, Marx's fault since his writings on the matter are fragmentary and often only sketchily developed. But careful scrutiny of his works reveals that Marx recognized that capital accumulation took place in a geographical context and that it in tum created specific kinds of geographical structures. Marx further develops a novel approach to location theory (in which dynamics are at the center of things) and shows that it is possible to connect, theoretically, the general processes of economic growth with an explicit understanding of an emergent structure of spatial relationships. And it further transpires that this locational analysis provides, in albeit a limited form, a crucial link between Marx's theory of accumulation and the Marxian theory of imperialism - a link which many have sought but none have so far found with any certainty, in part, I shall argue, because the mediating factor of Marx's location theory has been overlooked.