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As others have pointed out, this question has been asked quite a few times already. And I still think that there isn't a single city that could call itself the capital of the world.
Capitals are usually the meeting place of the respective government and are often primary hubs for the financial and industrial sectors of the region. Often, they are also important in terms of culture, research and infrastructure.
New York and London are both important business and financial centres, but I just don't see them as hugely influential in terms of world politics. New York isn't the political capital of the US and London doesn't even have the hard or soft power to be considered the capital of Europe.
As others have pointed out, this question has been asked quite a few times already. And I still think that there isn't a single city that could call itself the capital of the world.
Capitals are usually the meeting place of the respective government and are often primary hubs for the financial and industrial sectors of the region. Often, they are also important in terms of culture, research and infrastructure.
New York and London are both important business and financial centres, but I just don't see them as hugely influential in terms of world politics. New York isn't the political capital of the US and London doesn't even have the hard or soft power to be considered the capital of Europe.
Exactly.
Even Trump presidency doesn't make NYC the world capital.
However, when it comes the world capital of live music, Austin is the pick.
London is well known not just for finance and bisiness but for pageantry and royal events and for beng a national capital and centre of Government but also because of the number of premier league and professional football (soccer teams) teams and international sport which also include rugby, cricket, tennis, horse racing, snooker, darts, rowing, athletics, cycling (including the Olymic Velodrome), boxing etc etc. London has hosted the Olympics three times, World Cup Final and European Football.
London is home to National Stadiums such as Wembley England Football (90,000 Capacity), Twickenham England Rugby (82,000), The London Stadium - British Athletics and West Ham (66,000), Lords Cricket Ground (30,000), Wimbledon Centre Court (16,000).
Other major stadiums include Arsenals Emirates Stadium (60,432), whilst Tottenham will be moving in to their new ground at Whire Hart Lane in 2018 (Capacity 61,000), Chelsea are also embarking on a new ground 60,000 seater ground which will open in 2021. Whilst a host of smaller club also plan major ground redevelopments, in all there are 22 professional football stadiums in London.
In terms of Rugby as well as the International ground at Twickenham, London has two Premiership Rugby Teams thr Harlequins who play at the stoop (15,000) and Saracens who play at Allianz Park (Capacity: 10,000)
In terms of horse racing KemPton Park, which is home to the famous King George Handicap is in London, whilst Epson (the Derby) and Royal Ascot are also close by, as is Lingfield with an all weather track. Whilst in terms of motor racing Brands Hatch is close to London as are famous golf clubs such as Wentworth and Sunnigdale.
London is also home to two vast arenas the O2 in Greenwich (20,000) and the Wembley Arena near Wembley Stadium which host a multituide of sporting from boxing to ice hickey to snooker and entertainmrent enents, along with Olympia which hosts show jumping, Royal Albert Hall and Alexander Palace which hosts darts, as does the Lakesdide in nearby Surrey.
In terms of cycling London has a stae of the art velodrome and a regular annual cycle race, as well as having hosted stages of thr the Tour De Fance and Olympic Cycling.
London also hosts numerous athletics events, the famous London Mararthon, the most famous rowing event in the world the boat race, as well as the nearby Henley Reghatta on the Thames and even has a white water raft and canoeing centre.
The general public will pick New York, whereas those who are familiar with overseas business and finance will pick London.
Just for perspective:
The #1 and #2 stock exchanges in the world are the New York Stock Exchange and the Nasdaq. Both of them are headquartered in New York City.
They have a bigger market capitalization than the stock exchanges of London, Tokyo, Shanghai, Hong Kong, European Union (Euronext), Shenzhen and Toronto COMBINED.
The #1 and #2 stock exchanges in the world are the New York Stock Exchange and the Nasdaq. Both of them are headquartered in New York City.
They have a bigger market capitalization than the stock exchanges of London, Tokyo, Shanghai, Hong Kong, European Union, Shenzhen and Toronto COMBINED.
We've gone over the problems with this line of reasoning so many times before.
There's a whole thread dedicated to this topic, covering the significance of the cash equity markets and stock exchange trading versus that of foreign exchange, insurance, structured products and so on.
The #1 and #2 stock exchanges in the world are the New York Stock Exchange and the Nasdaq. Both of them are headquartered in New York City.
They have a bigger market capitalization than the stock exchanges of London, Tokyo, Shanghai, Hong Kong, European Union (Euronext), Shenzhen and Toronto COMBINED.
Stock Exchanges are increasingly merging, the two big Japanse Exchanges are currently meging, the London Stock Exchange (LSE) was supposed to merge with Deutsche Boerse until EU Politics got in the way, which leaves the way forward for further mergers, a merger between the LSE and Nasdaq is probably seen as the most likely and beneficial for both parties. As like everything else markets and exchanges are increasingly multinational, although the EU has actively prevented large mergers thereby preventing EU Stock Exchanges from competing or growing in size to rival those of the US and Far East.
Equity research analysts at Credit Suisse, which explored the "strategic and financial merits" of 14 merger scenarios between various exchanges, stated that a merger between Nasdaq and the London Stock Exchange would make the most sense.
Most likely New York City. It is the city in the world that is closest to "having the entire package" so to speak. Also, it is probably the city that is more often thought of as being the capital of the world than any other city. Just think of how many cities have replicated the skyscraper concept from New York City.
Honorable mention: Tokyo
The skyscraper concept is just as much (if not more) of a Chicago thing. The original steel-framed design has it's origins in Chicago, as well as Fuzlar Khan's bundle tube structural concept which almost all modern skyscrapers use to this day. Even the Burj Khalifa, the tallest building in the world, is designed by a Chicagoan.
But yeah, I would say London or New York are the capitals of the modern world. I give London some bonus points for it's long history of resurgence to remain an important city, as well as being the political center of a powerful nation.
It's close, but I still think London is a bit more international than New York.
In what ways?
And do you often hear foreign languages being spoken more often than in NYC??
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