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Actas da - Xunta de Galicia

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Language planning and the information society<br />

billion, Microsoft has a market capitalisation of $400billion and assets of<br />

$30billion! People become the key to value. There is a reversal of the industrial<br />

hierarchy which consisted of moneyi<strong>de</strong>aspeople to a new value hierarchy<br />

involving peoplei<strong>de</strong>asmoney. Venture capital now involves money chasing<br />

people who constitute the knowledge economy. The new production system<br />

relies on a combination of strategic alliances and ad hoc co-operation projects<br />

between corporations, <strong>de</strong>centralised units of each major corporation, and<br />

networks of SMEs connecting among themselves and with large corporations or<br />

networks of corporations. Producer driven commodity chains, and buyer driven<br />

commodity chains are at the heart of these <strong>de</strong>velopments. For the firm to<br />

operate in such a variable geometry of production and distribution, a highly<br />

flexible form of management is required, one that is <strong>de</strong>pen<strong>de</strong>nt on the flexibility<br />

of the firm itself and on the access to communication and production<br />

technologies suited to such flexibility.<br />

This new global economic system is highly exclusionary, highly dynamic and<br />

displays highly unstable boun<strong>da</strong>ries. While dominant segments of all state<br />

economies are linked into the global web, elements of countries, regions,<br />

economic sectors and local societies are disconnected from the processes of<br />

accumulation and consumption that characterises the informational/global<br />

economy. Of course, it is impossible for these marginal sectors to lie outsi<strong>de</strong> of<br />

the system, but their social and economic logic is based upon mechanisms<br />

clearly different from those of the informational economy. All economic and<br />

social processes do relate to the structurally dominant logic of such an<br />

economy. This is the point of articulation of the Old and the New Economy.<br />

The global economy generates its own, new, international division of labour.<br />

The global economy emerging from informational-based production and<br />

competition is characterised by its inter-<strong>de</strong>pen<strong>de</strong>nce, its asymmetry, its<br />

regionalisation, the increasing diversification within each region, its selective<br />

inclusiveness, its exclusionary segmentation. The economy is distinctively<br />

asymmetrical, involving a variety of centres and peripheries rather than a<br />

simplistic typological distinction between a centre, semi-periphery and a<br />

periphery. The association between the new competitive paradigm based on<br />

technological capacity and an induced inter<strong>de</strong>pen<strong>de</strong>ncy in the new global<br />

economy reinforces <strong>de</strong>pen<strong>de</strong>ncy in an asymmetrical relationship, thereby<br />

reinforcing patterns of domination created by previous forms of <strong>de</strong>pen<strong>de</strong>ncy<br />

throughout history. Entire countries around the world, and large segments of the<br />

population everywhere, are becoming irrelevant (from the perspective of<br />

dominant economic interests) in the new pattern of international division of<br />

labour, and thus they are being socially exclu<strong>de</strong>d. On the other hand this is no<br />

longer a context wherein everything is <strong>de</strong>termined by reference to the state.<br />

Even marginalised economies have small segments of their directional functions<br />

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