spatial fix
The term "spatial fix" refers to a strategy used by businesses and economies to overcome geographical limitations and crises. It involves relocating production or investment to new areas where resources, labor, or markets are more favorable. This can help companies reduce costs, increase profits, and adapt to changing conditions.
In the context of capitalism, a spatial fix can lead to the development of new regions or the revitalization of declining areas. By moving operations, companies can tap into different labor markets and resources, ultimately driving economic growth and reshaping the landscape of industries.