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Contents
[hide]
1 Regional differences
2 History
o 2.1 Early examples
o 2.2 Largest examples
3 Classes
o 3.1 Regional
o 3.2 Super regional
o 3.3 Outlet
4 Components
o 4.1 Food court
o 4.2 Department stores
o 4.3 Stand-alone stores
5 Dead malls
6 New trends
o 6.1 Vertical malls
8 New towns
9 Legal issues
10 See also
o 10.1 Types of shopping facilities
o 10.2 Planning concepts
o 10.3 Lists of malls
11 References
12 Further reading
13 External links
[edit] History
The first structure resembling what is considered to be a "shopping mall" in the present-day is
located in The City of Damascus, the capital city of Syria. It is called Al-Hamidiyah Souq in old
Damascus and dates back to the seventh century. Isfahan's Grand Bazaar, which is largely
covered, dates from the 10th century. The 10 kilometer long covered Tehran's Grand Bazaar also
has a long history. The Grand Bazaar of Istanbul was built in the 15th century and is still one of
the largest covered markets in the world, with more than 58 streets and 4,000 shops.
Gostiny Dvor in St. Petersburg, which opened in 1785, may be regarded as one of the first
purposely-built mall-type shopping complexes, as it consisted of more than 100 shops covering
an area of over 53,000 m2 (570,000 sq ft).
The Oxford Covered Market in Oxford, England opened in 1774 and still runs today.
The Burlington Arcade in London was opened in 1819. The Arcade in Providence, Rhode Island
introduced the retail arcade concept to the United States in 1828. This was a forerunner of
today's shopping mall [4] The Galleria Vittorio Emanuele II in Milan, Italy followed in the 1870s
and is closer to large modern malls in spaciousness. Other large cities created arcades and
shopping centres in the late 19th century and early 20th century, including the Cleveland Arcade,
Dayton Arcade and Moscow's GUM, which opened in 1890. Early shopping centers designed for
the automobile include Market Square, Lake Forest, Illinois (1916) and Country Club Plaza,
Kansas City, Missouri (1924).
An early indoor mall prototype in the United States was the Lake View Store at Morgan Park,
Duluth, Minnesota, which was built in 1915 and held its grand opening on July 20, 1916. The
architect was Dean and Dean from Chicago and the building contractor was George H.
Lounsberry from Duluth. The building is two stories with a full basement, and shops were
originally located on all three levels. All of the stores were located within the interior of the mall;
some shops were accessible from inside and out.
In the mid-20th century, with the rise of the suburb and automobile culture in the United States, a
new style of shopping centre was created away from downtown.[5]
The fully-enclosed shopping mall did not appear until the mid-1950s. The idea of a regionalsized, fully-enclosed shopping complex was pioneered in 1956 by the Austrian-born architect
and American immigrant Victor Gruen.[6] This new generation of regional-sized shopping centers
began with the Gruen-designed Southdale Center, which opened in the Twin Cities suburb of
Edina, Minnesota, USA in October 1956. For pioneering the soon-to-be enormously popular
mall concept in this form, Gruen has been called the "most influential architect of the twentieth
century".[1]
The first retail complex to be promoted as a "mall," as it were, was Paramus, New Jersey's The
Outlets at Bergen Town Center. The center, which opened with an open-air-format in 1957, was
enclosed in 1973. Aside from Southdale Center, significant early enclosed shopping malls were
Harundale Mall (1958), in Glen Burnie, Maryland, Big Town Mall (1959), in Mesquite, Texas,
Chris-Town Mall (1961), in Phoenix, Arizona, and Randhurst Center (1962), in Mount Propect,
Illinois.
The early malls moved retailing away from the dense, commercial downtowns into the largely
residential suburbs. This formula (enclosed space with stores attached, away from downtown,
and accessible only by automobile) became a popular way to build retail across the world. Gruen
himself came to abhor this effect of his new design; he decried the creation of enormous "land
wasting seas of parking" and the spread of suburban sprawl.[1][7]
In the UK, Chrisp Street Market was the first pedestrian shopping area built with a road at the
shop fronts. Developers such as Alfred Taubman of Taubman Centers extended the concept
further, with terrazzo tiles at the Mall at Short Hills in New Jersey, indoor fountains, and two
levels allowing a shopper to make a circuit of all the stores.[8] Taubman believed carpeting
increased friction, slowing down customers, so it was removed.[8] Fading daylight through glass
panels was supplemented by gradually increased electric lighting, making it seem like the
afternoon was lasting longer, which encouraged shoppers to linger.[9][10]
Ala Moana Center in Honolulu, Hawaii is currently the largest open-air mall in the world and
was the largest mall in the states when it was built in 1957. It is currently the sixteenth largest in
the country. The Outlets at Bergen Town Center, the oldest enclosed mall in New Jersey, opened
in Paramus on November 14, 1957, with Dave Garroway, host of The Today Show, serving as
master of ceremonies.[11] The mall, located just outside New York City, was planned in 1955 by
Allied Stores to have 100 stores and 8,600 parking spaces in a 1,500,000 sq ft (139,000 m2) mall
that would include a 300,000 sq ft (28,000 m2) Stern's store and two other 150,000 sq ft
(14,000 m2) department stores as part of the design. Allied's chairman B. Earl Puckett confidently
announced The Outlets at Bergen Town Center as the largest of ten proposed centers, stating that
there were 25 cities that could support such centers and that no more than 50 malls of this type
would ever be built nationwide.[12][13]
Amusement park at the center of the Mall of America in Bloomington, Minnesota, the largest
shopping mall in the United States
[edit] Classes
In many cases, regional and super-regional malls exist as parts of large superstructures which
often also include office space, residential space, amusement parks and so forth. This trend can
be seen in the construction and design of many modern supermalls such as Cevahir Mall in
Turkey. The International Council of Shopping Centers' 1999 definitions[16] were not restricted to
shopping centers in any particular country, but later editions were made specific to the U.S. with
a separate set for Europe.
[edit] Regional
A regional mall is, per the International Council of Shopping Centers, in the United States, a
shopping mall which is designed to service a larger area (15 miles) than a conventional shopping
mall. As such, it is typically larger with 400,000 sq ft (37,000 m2) to 800,000 sq ft (74,000 m2)
gross leasable area with at least two anchor stores[17] and offers a wider selection of stores. Given
their wider service area, these malls tend to have higher-end stores that need a larger area in
order for their services to be profitable but may have discount department stores. Regional malls
are also found as tourist attractions in vacation areas.[17]
[edit] Outlet
Main article: Outlet mall
An outlet mall (or outlet centre) is a type of shopping mall in which manufacturers sell their
products directly to the public through their own stores. Other stores in outlet malls are operated
by retailers selling returned goods and discontinued products, often at heavily reduced prices.
Outlet stores were found as early as 1936, but the first multi-store outlet mall, Vanity Fair,
located in Reading, PA did not open until 1974. Belz Enterprises opened the first enclosed
factory outlet mall in 1979, in Lakeland, TN, a suburb of Memphis.[18]
The layout of a mid-sized shopping center Babilonas in Panevys, Lithuania (with main stores
marked in text). Entertainment zone is in the center surrounded by restaurants, whereas the
anchor stores are in different sides of the center. Cinema is in the floors above. The corridor is
circular and there are no shortcuts (so a customer has to go around the mall to go to a shop on a
different side).
[edit] Components
[edit] Food court
Main article: Food court
A common feature of shopping malls is a food court: this typically consists of a number of fast
food vendors of various types, surrounding a shared seating area.
Belz Factory Outlet Mall, an abandoned shopping mall in Allen, Texas, United States
In the U.S, as more modern facilities are built, many early malls have become abandoned, due to
decreased traffic and tenancy. These "dead malls" have failed to attract new business and often
sit unused for many years until restored or demolished. Interesting examples of architecture and
urban design, these structures often attract people who explore and photograph them. This
phenomenon of dead and dying malls is examined in detail by the website Deadmalls.com,
which hosts many such photographs, as well as historical accounts. Until the mid-1990s, the
trend was to build enclosed malls and to renovate older outdoor malls into enclosed ones. Such
malls had advantages such as temperature control. Since then, the trend has turned and it is once
again fashionable to build open-air malls. According to the International Council of Shopping
Centers, only one new enclosed mall has been built in the United States since 2006.[19]
Some enclosed malls have been opened up, such as the Sherman Oaks Galleria. In addition,
some malls, when replacing an empty anchor location, have replaced the former anchor store
building with the more modern outdoor design, leaving the remainder of the indoor mall intact,
such as the Del Amo Fashion Center in Torrance, California.
downwards.[20] The concept of a vertical mall was originally conceived in the late 1960s by the
Mafco Company, former shopping center development division of Marshall Field & Co. The
Water Tower Place skyscraper, Chicago, Illinois, was built in 1975 by Urban Retail Properties. It
contains a hotel, luxury condominiums, and office space and sits atop a block-long base
containing an eight-level atrium-style retail mall that fronts on the Magnificent Mile.[citation needed]
Vertical malls are common in densely populated conurbations such as Hong Kong and Bangkok.
Times Square in Hong Kong is a principal example.[20]
Many new towns in the United Kingdom including Livingston, Cumbernauld, Glenrothes, East
Kilbride, Milton Keynes, Washington, Coventry, Newton Aycliffe, Peterlee and Telford did not
incorporate a traditional style town centre but instead developed a shopping centre. Unlike the
shopping centres which were developing in established towns and cities, these also contained
many civic functions and other community facilities such as libraries, pubs and community
centres. As the towns grew, other facilities were usually developed around the centres, effectively
enlarging the town centres.[citation needed]
Bazaar
Night market
Big-box store
High street
Main street
Market
Outlet mall
Plaza
Shtengai
Strip mall
Town square
Gruen transfer
Public space
[edit] References
1.
^ a b c "Essay - Dawn of the Dead Mall". The Design Observer Group. 11 November 2009.
http://changeobserver.designobserver.com/entry.html?entry=11747. Retrieved 14 February 2010.
2.
3.
4.
^ ICnetwork.co.uk
^ "The Arcade, Providence RI". Brightridge.com. http://www.brightridge.com/pages/arcade.html.
Retrieved 2009-07-17.
5.
6.
^ Bathroom Reader's Institute. "The Mall: A History". Uncle John's Heavy Duty Bathroom
Reader. Bathroom Reader's Press. pp. 99101. ISBN 978-1-60710-183-3.
7.
^ Bathroom Reader's Institute. "A History of the Shopping Mall, Part III". Uncle John's Heavy
Duty Bathroom Reader. Bathroom Reader's Press. p. 401. ISBN 978-1-60710-183-3.
8.
^ a b Caitlin A. Johnson (April 15, 2007). "For Billionaire There's Life After Jail". CBS News.
http://www.cbsnews.com/stories/2007/04/15/sunday/main2684957.shtml. Retrieved 2009-12-29. "Taubman
picked upscale areas and opened lavish shopping centers. He was the first to offer fountains and feature
prestigious anchor stores like Neiman Marcus. The Mall at Short Hills in New Jersey is one of the most
profitable shopping centers in the country. Taubman is famous for his attention to detail. He's very proud of
the terrazzo tiles at Short Hills. "The only point that the customer actually touches the shopping center is
the floor," he said. "They've got traction as they're walking. Very important. Some of our competitors put in
carpet. Carpet's the worst thing you can have because it creates friction.""
9.
^ Caitlin A. Johnson (April 15, 2007). "For Billionaire There's Life After Jail". CBS News.
http://www.cbsnews.com/stories/2007/04/15/sunday/main2684957.shtml. Retrieved 2009-12-29. "Alfred
Taubman is a legend in retailing. For 40 years, he's been one of America's most successful developers of
shopping centers."
10.
11.
^ "Shoppers Throng to Opening of Bergen Mall in Jersey". New York Times. November 15, 1957.
http://select.nytimes.com/gst/abstract.html?res=F00B12FC355A177B93C7A8178AD95F438585F9.
Retrieved 2007-06-07. "Paramus, New Jersey, November 14, 1957. The $40,000,000 Bergen Mall regional
shopping center opened here this morning."
12.
^ "10 Shopping Centers Scheduled For Allied Stores Within 3 Years; Chain' s Chairman Gives
Details of Biggest, 7 Miles From George Washington Span, Where Stern Will Open Branch by '57: Store
Chain Plans Retail Centers", The New York Times, January 13, 1955. p. 37
13.
14.
^ Eastern Connecticut State University (January 2007). "World's Largest Shopping Malls".
Archived from the original on 2008-03-29.
http://web.archive.org/web/20080329064604/http://www.easternct.edu/depts/amerst/MallsWorld.htm.
Retrieved 2008-07-29.
15.
16.
17.
^ a b c International Council of Shopping Centers Shopping Center Definitions for the U.S.
Information accurate as of 2004. Retrieved Feb 20, 2007.
18.
19.
20.
^ a b Danny Chung, Reach for the sky, The Standard, December 09, 2005
21.
22.
23.
24.
^ Tony O'Donahue, The Tale of a City: Re-Engineering the Urban Environment (Toronto:
Dundurn Press Ltd., 2005), 43.
25.
^ Bernard J. Frieden & Lynne B. Sagalyn, Downtown, Inc.: How America Rebuilds Cities
(Cambridge, MA: MIT Press, 1989), 233.
26.
^ Judd, Dennis R. (1995) "The Rise of the New Walled Cities" in Liggett, Helen and Perr, David
C. (eds.), Spatial Practices, Sage, Thousand Oaks, pp. 144168.
Hardwick, M. Jeffrey. Gruen biography 2004. Mall Maker: Victor Gruen, Architect of an
American Dream. University of Pennsylvania Press (ISBN 0-8122-3762-5).
Ngo-Viet, Nam-Son. Google Docs 2002. The Integration of the Suburban Shopping
Center with its Surroundings: Redmond Town Center (Dissertation) University of
Washington.
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Bazaar
From Wikipedia, the free encyclopedia
For version control system named Bazaar, see Bazaar (software). For other uses, see Bazaar
(disambiguation).
Night markets or night bazaars are street markets which operate at night and are generally
dedicated to more leisurely strolling, shopping, and eating than more businesslike day markets.
Online shopping malls are websites that have a directory of online shopping stores. Stores may
include Best Buy, Aeropostale, Home Depot, Sears, Expedia, Zales, Old Navy and many more
online shopping stores.
Most online shopping malls offer a loyalty program in the form of cash back rebate reward
points or price comparison shopping. These online shopping malls include FatWallet,
Shopping.com, Shopzilla, PriceGrabber and many more.
But the biggest retail trend for online shopping malls is that consumers are taking to online
shopping more and more every year according to research firm ComScore Networks. By online
shopping malls offering easy access to online stores with online shopping directories, price
comparison shopping and cash back rebates, this trend will continue to grow.
Collections of many traders with different offers directly on the same website are also sometimes
known as online shopping mall or virtual shopping mall (like Yatego).
Big-box store
From Wikipedia, the free encyclopedia
2007.
Exterior of a Wal-Mart Supercenter, an archetypical big box store, in Madison Heights, Virginia.
A big-box store (also supercenter, superstore, or megastore) is a physically large retail
establishment, usually part of a chain. The term sometimes also refers, by extension, to the
company that operates the store. Examples include large department stores such as Wal-Mart and
Target.
Contents
[hide]
1 Characteristics
2 Types
3 Criticism
o 3.1 Labor
o 3.2 Urban planning
o 4.3 France
o 4.4 Hong Kong
o 4.5 India
o 4.6 Ireland
o 4.7 New Zealand
o 4.8 United Kingdom
o 4.9 United States
5 See also
6 References
7 External links
[edit] Characteristics
Typical characteristics include the following:
Floor space several times greater than traditional retailers in the sector, providing for a
large amount of merchandise; in North America, generally more than 50,000 square feet
(4650 m), sometimes approaching 200,000 square feet (18,600 m), though varying by
sector and market. In countries where space is at a premium, such as the United
Kingdom, the relevant numbers are smaller and stores are more likely to have two or
more floors.
[edit] Types
Generally, big-box stores can be broken down into two categories: general merchandise
(examples include Wal-Mart and Target), and specialty stores (such as Menards, Barnes and
Noble, or Best Buy) which specialize in goods within a specific range, such as hardware, books,
or electronics. In recent years, many traditional retailerssuch as Tesco and Praktikerhave
opened stores in the big-box-store format in an effort to compete with big-box chains, which are
expanding internationally as their home markets reach maturity.[1]
[edit] Criticism
[edit] Labor
Labor unions oppose big-box development because the employees of such stores are usually not
unionized. Unions are especially concerned about the grocery market because stores such as
Target, Wal-Mart, and Kmart now sell groceries.[2] Unions and cities are attempting to use land
use ordinances to restrict these businesses.[3]
High Street
From Wikipedia, the free encyclopedia
High Street is the most common street name in the UK. According to a survey by the Halifax,
there are 5,410 High Streets, compared to 3,811 Station Roads, and 2,702 Main Streets.
Contents
[hide]
1 History
2 Irish usage
3 Use
4 See also
5 References
6 External links
[edit] History
Starting at least 10 centuries ago, the word 'high' gradually evolved to also mean something
excellent or of superior rank, as evidenced in high sheriff and high society. It was applied to
roads as they improved, and the word highway has been recorded from the early 9th century.
"High Street" began to be used to describe the thoroughfares containing the main retail areas in
villages and towns.
In recent years, although the term "High Street" is still used to refer to commerce, shopping has
begun to shift to purpose-built out-of-town shopping centres and supermarkets. However
compared to the United States town and city centre shopping remains widespread. The town
centre of many larger British towns combines a group of outdoor shopping streets, one or more
of which may be pedestrianised, with an adjacent indoor shopping centre. The large presence of
chain stores on High Streets repeated in settlements around the UK is part of the clone town
theory, which has among its concerns the loss of "sociability" offered by traditional shopping:
"the demise of the small shop would mean that people will not just be disadvantaged in their role
as consumers but also as members of communities the erosion of small shops is viewed as the
erosion of the 'social glue' that binds communities together, entrenching social exclusion in the
UK."[2]
The term is far less common in Ireland. Neither of Dublin's two main shopping streets (Grafton
Street and Henry Street) carry this name, nor does its main thoroughfare, O'Connell Street. While
Dublin does indeed have a street named "High Street", near Christchurch, it is not a shopping
street. Cork's main shopping street is St. Patrick's Street and Limerick's is also O'Connell Street,
which is also used in a number of other Irish towns (after Daniel O'Connell). Main Street is used
in many smaller towns and villages. For example, the OSI North Leinster Town Maps book lists
16 Main Streets and only two High Streets in its index of street names (of 30 towns). Similarly,
the OSI Dublin Street Guide, covering all of Dublin City and County Dublin, lists 20 Main
Streets, but only two High Streets. Killarney is one of the few large Irish towns in which the
shopping street is named High Street. Nonetheless, the term high street is still often used today in
the Irish media in a generic sense to refer to shopping streets, in what could probably be
considered as a misapplied metonym (see start of article). See also Main Street and its Irish entry.
[edit] Use
The term "High Street" is often used to describe common stores found on a typical high street, to
differentiate them from more specialist or less common outlets. For example, someone might
refer to "High Street banks" or "High Street shops".
Contents
[hide]
2 See also
3 References
4 External links
Main Street
From Wikipedia, the free encyclopedia
Contents
[hide]
2 International equivalents
3 See also
4 References
5 External links
A traditional Main Street; Bastrop, Texas, featuring the small shops and old-fashioned
architecture typical of rural towns
In the general sense, the term "Main Street" refers to a place of traditional values.
In the North American media, "Main Street," or the interests of everyday working-class people
and small business owners, is sometimes contrasted with "Wall Street" (in the United States) or
"Bay Street" (in Canada), symbolizing the interests of corporate capitalism.
Main Street was an extremely popular term during the economic crises in 2008 and 2009: the
proposed bailout of U.S. financial system, the 2008 presidential campaign, and debates.
"Main Street" is part of the iconography of American life. Examples include:
In the United States, the Army and Air Force Exchange Service, the outfit that operates
the PX and BX stores on military bases, chose the name "Main Street USA" for its food
courts.
The novel Main Street, a critique of small town life, was penned by the American writer
Sinclair Lewis.
Two Walt Disney Company theme parks, Disneyland in Anaheim, California, and the
Magic Kingdom in the Walt Disney World Resort near Orlando, Florida, both have "Main
Street, U.S.A." sections immediately at their front. These areas, which are designed to
look like the main street of a small town, house gift shops, restaurants and various
services, along with park offices on the second floors. While the architecture of these
"streets" appears to be turn-of-the-century, in fact these are decorative false-fronts on
industrial-style buildings. Main Street, U.S.A. is also present at Disneyland Paris and
Hong Kong Disneyland. At Tokyo Disneyland the area is named "World Bazaar," but has
the same look as Main Street, albeit housed under a decorative glass roof for protection
from Japan's unpredictable weather.
In small towns across the United States, Main Street is not only the major road running through
town but the site of all street life, a place where townspeople hang out and watch the annual
parades go by. A slang term popularized in the early 1900s, "main drag", is also used to refer to a
town's main street.
Market
From Wikipedia, the free encyclopedia
Economics
General categories
Microeconomics Macroeconomics
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Methodology Heterodox approaches
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Mathematical economics Statistics
Cross section & Panel Data
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A market is any one of a variety of systems, institutions, procedures, social relations and
infrastructures whereby parties engage in exchange. While parties may exchange goods and
services by barter, most markets rely on buyers offer their goods or services (including labor) in
exchange for money (legal tender such as fiat money) from buyers.
For a market to be competitive, there must be more than a single buyer or seller. It has been
suggested that two people may trade, but it takes at least three persons to have a market, so that
there is competition on at least one of its two sides.[1] However, competitive markets rely on
much larger numbers of both buyers and sellers. A market with single seller and multiple buyers
is a monopoly. A market with a single buyer and multiple sellers is a monopsony. These are the
extremes of imperfect competition.
Markets vary in form, scale (volume and geographic reach), location, and types of participants,
as well as the types of goods and services traded. Examples include:
physical retail markets, such as local farmers' markets, which be held in town squares or
parking lots on an ongoing or occasional basis, shopping centers and shopping malls
markets for intermediate goods used in production of other goods and services
labor markets
artificial markets created by regulation to exchange rights for derivatives that have been
designed to ameliorate externalities, such as pollution permits (see carbon trading)
illegal markets such as the market for illicit drugs, arms or pirated products
In mainstream economics, the concept of a market is any structure that allows buyers and sellers
to exchange any type of goods, services and information. The exchange of goods or services for
money is a transaction. Market participants consist of all the buyers and sellers of a good who
influence its price. This influence is a major study of economics and has given rise to several
theories and models concerning the basic market forces of supply and demand. There are two
roles in markets, buyers and sellers. The market facilitates trade and enables the distribution and
allocation of resources in a society. Markets allow any tradable item to be evaluated and priced.
A market emerges more or less spontaneously or is constructed deliberately by human interaction
in order to enable the exchange of rights (cf. ownership) of services and goods.
Historically, markets originated in physical marketplaces which would often develop into or
from small communities, towns and cities.[citation needed]
Contents
[hide]
1 Types of markets
o 1.1 Financial markets
o 1.2 Prediction markets
2 Organization of markets
3 Mechanisms of markets
4 Study of markets
5 Size parameters
6 See also
7 Notes
8 References
9 Sources
10 External links
Although many markets exist in the traditional sense such as a marketplace there are
various other types of markets and various organizational structures to assist their functions. The
nature of business transactions could define markets.
functioning of the market. Markets where price negotiations meet equilibrium though still do not
arrive at desired outcomes for both sides are said to experience market failure.
Persons are cast as self-interested individuals, who enter into contractual relations with other
such individuals, concerning the exchange of goods or personal capacities cast as commodities,
with the motive of maximizing pecuniary interest. The state and its governance systems are cast
as outside of this framework.[6] This model came to dominant economic thinking in the later
nineteenth century, as economists such as Ricardo, Mill, Jevons, Walras and later neo-classical
economics shifted from reference to geographically located marketplaces to an abstract "market".
[7]
This tradition is continued in contemporary neoliberalism, where the market is held up as
optimal for wealth creation and human freedom, and the states role imagined as minimal,
reduced to that of upholding and keeping stable property rights, contract, and money supply. This
allowed for boilerplate economic and institutional restructuring under structural adjustment and
post-Communist reconstruction.[8]
Similar formalism occurs in a wide variety of social democratic and Marxist discourses that
situate political action as antagonistic to the market. In particular, commodification theorists such
as Georg Lukcs insist that market relations necessarily lead to undue exploitation of labour and
so need to be opposed in toto.[9] Pierre Bourdieu has suggested the market model is becoming
self-realizing, in virtue of its wide acceptance in national and international institutions through
the 1990s.[10] The formalist conception faces a number of insuperable difficulties, concerning the
putatively global scope of the market to cover the entire Earth, in terms of penetration of
particular economies, and in terms of whether particular claims about the subjects (individuals
with pecuniary interest), objects (commodities), and modes of exchange (transactions) apply to
any actually existing markets.
ordering, this has not lead to simple convergence, but rather a variety of hybrid institutional
orderings.[11] Rather, a variety of new markets have emerged, such as for carbon trading or rights
to pollute. In some cases, such as emerging markets for water, different forms of privatization of
different aspects of previously state run infrastructure have created hybrid private-public
formations and graded degrees of commodification, commercialization and privatization.[12]
Problematic for market formalism is the relationship between formal capitalist economic
processes and a variety of alternative forms, ranging from semi-feudal and peasant economies
widely operative in many developing economies, to informal markets, barter systems, worker
cooperatives, or illegal trades that occur in most developed countries. Practices of incorporation
of non-Western peoples into global markets in the nineteenth and twentieth century did not
merely result in the quashing of former social economic institutions. Rather, various modes of
articulation arose between transformed and hybridized local traditions and social practices and
the emergence world economy. So called capitalist markets in fact include and depend on a wide
range of geographically situated economic practices that do not follow the market model.
Economies are thus hybrids of market and non-market elements.[13]
Helpful here is J. K. Gibson-Grahams complex topology of the diversity of contemporary
market economies describing different types of transactions, labour, and economic agents.
Transactions can occur in underground markets (such as for marijuana) or be artificially
protected (such as for patents). They can cover the sale of public goods under privatization
schemes to co-operative exchanges and occur under varying degrees of monopoly power and
state regulation. Likewise, there are a wide variety of economic agents, which engage in different
types of transactions on different terms: One cannot assume the practices of a religious
kindergarten, multinational corporation, state enterprise, or community-based cooperative can be
subsumed under the same logic of calculability (pp. 5378). This emphasis on proliferation can
also be contrasted with continuing scholarly attempts to show underlying cohesive and structural
similarities to different markets.[14]
A prominent entry point for challenging the market model's applicability concerns exchange
transactions and the homo economicus assumption of self-interest maximization. There are now
a number of streams of economic sociological analysis of markets focusing on the role of the
social in transactions, and the ways transactions involve social networks and relations of trust,
cooperation and other bonds.[14] Economic geographers in turn draw attention to the ways in
exchange transactions occur against the backdrop of institutional, social and geographic
processes, including class relations, uneven development, and historically contingent path
dependencies.[15] A useful schema is provided by Michel Callon's concept of framing: Each
economic act or transaction occurs against, incorporates and also re-performs a geographically
and cultural specific complex of social histories, institutional arrangements, rules and
connections. These network relations are simultaneously bracketed, so that persons and
transactions may be disentangled from thick social bonds. The character of calculability is
imposed upon agents as they come to work in markets and are "formatted" as calculative
agencies. Market exchanges contain a history of struggle and contestation that produced actors
predisposed to exchange under c An emerging theme worthy of further study is the
interrelationship, interpenetrability and variations of concepts of persons, commodities, and
modes of exchange under particular market formations. This is most pronounced in recent
movement towards post-structuralist theorizing that draws on Foucault and Actor Network
Theory and stress relational aspects of personhood, and dependence and integration into
networks and practical systems. Commodity network approaches further both deconstruct and
show alternatives to the market models concept of commodities. Here, both researchers and
market actors are understood as reframing commodities in terms of processes and social and
ecological relationships. Rather than a mere objectification of things traded, the complex
network relationships of exchange in different markets calls on agents to alternatively
deconstruct or get with the fetish of commodities.[16] Gibson-Graham thus read a variety of
alternative markets, for fair trade and organic foods, or those using Local Exchange Trading
Systems as not only contributing to proliferation, but also forging new modes of ethical exchange
and economic subjectivities.
Most markets are regulated by state wide laws and regulations. While barter markets exist, most
markets use currency or some other form of money.Any investments made in markets should be
carefully analyzed and read through before investing if the market crashes value of stock may go
down leading to heavy losses
Plaza
From Wikipedia, the free encyclopedia
The plaza of Costilla, Taos County, New Mexico, United States a plaza in a rural setting, 1943.
The Italian cognate is Piazza, the Portuguese Praa, the French Place, the Romanian Piaa, the
German Platz and the Greek .
[edit] Examples
Praa do Comrcio
Rossio
Plaza de Mayo
Zcalo
Plaza de Bolvar
Nana Plaza
Northcote Plaza
Plaza Coln
Plaza Divisoria
Plaza de Sugbo
Plaza Miranda
Plaza Jaro
Outlet store
From Wikipedia, the free encyclopedia
Shtengai
From Wikipedia, the free encyclopedia
izakaya and snacks (Japanese-style pubs with mostly male clientele; usually run and/or
staffed by women)
pachinko parlors
massage parlors
barber shops
game centers
post offices
book shops
clothes shops
convenience stores
Strip mall
From Wikipedia, the free encyclopedia
The examples and perspective in this article deal primarily with North America
and do not represent a worldwide view of the subject. Please improve this
article and discuss the issue on the talk page. (June 2010)
Contents
[hide]
1 Mall types
2 Architectural styles
3 References
4 External links
Town square
Contents
[hide]
1 Urban Planning
2 USA
3 United Kingdom
4 China
5 Russia
6 See also
7 References