Global cities and the ends of globalism

The global city has been both a product and driver of contemporary globalization. But today the global city is under threat from at least two directions. Firstly, despite their astonishing economic growth over the last four decades, they have become deeply divided and polarized in ways that threaten the integrity of the urban fabric. The second source of threat comes from the weakening of liberal world order. This article argues that global cities are at a point of crisis, because they embody an unstable form of global market society. In order to survive in a ‘global’ form, they will need to evolve by repurposing some of the political, economic and governance capacities that they have been developing over the last four decades. The article asks: what capacities and capabilities have global cities generated, and how might they be reoriented in the creation of alternative global city futures?