Together the globalization of finance, demand, supply, and competition fomt a series of interlocking currents of global circulation of information, which is wired in turn to the flexibilization of production. At issue are not simply the growth of international trade and the role of transnational corporations, but this coincides with a new system of industrial organization which is variously termed flexible specialization, flexible accumulation, lean manufacturing just-in-time capitalism, or Toyotism. The shift from standardized mass production to flexible production sys- tems is often characterized as a.t1ansition from Fordism to post-Fordism (Harvey 1989). This involves greater flexibility in the organization of pro- duction, labor and enterprises, location, and marketing. While these changes apply primarily in advanced economies their effects ramify throughout the intemational division of labor. The neoliberal trend since the 1980s results in deregulation of economies and informalization. Further developments include the new economy, e-commerce, and dot.com.