First published in 2001. Understanding and managing global financial flows and their impact of social spaces and people, is one of the most complex and difficult tasks facing politicians and social theorists today. Helping to meet the challenges posed by these changes, this important volume focuses on three question central to the interplay between globalisation, valorisation and marginalization. DR. COBUS DE SWARDT KRAUS has taught at the universities of Cape Town and Western Cape in South Africa, and the La Trobe University in Australia. He has also been a visiting scholar at the University of Nürnberg-Erlangen in Germany, as well as the Hiroshima City University, The Fukuoka City University, the Tokyo Keizai University, the Japanese Labour Research Institute and the Centre for Transnational Labour Studies in Japan.