Financescapes definition
Financescapes for example include capital flows; “ethnoscapes” include migrant flows; “mediascapes” include media and film flows; “technoscapes” are about technology flows; and finally “ideoscapes” relate to the flow of State or subaltern ideologies. Such flows constitute paths in which imagined communities or networks influence their own sense of belonging and social identity. One of Appadurai’s most important points is to do with de-territorialization, the idea that space has become less important and that this has brought about new sociocultural concepts. As ▇▇▇▇▇▇ has argued, it was within the twentieth century that the compressions of space and time as well as the fast movement of people, capital and technologies came to influence our existence to a great extent (1989). The flow of ideas and values around the world, especially through print capitalism but also through other media, has also resulted in nationalism and the creation of imagined communities (▇▇▇▇▇▇▇▇ 1983). It is through these processes that identities such as ethnicity, gender and class are redefined and negotiated on different levels. Consequently “ethnoscapes” and “mediascapes” with their interdependence on “imagination” have become the most decisive trajectories of globalization as they construct and reproduce social and cultural identities (Appadurai 1996).