Market analysis beyond market fetishism/ (Record no. 14380)
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| fixed length control field | 02082nab a2200181 4500 |
| 005 - DATE & TIME | |
| control field | 20230830163415.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
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| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Cahill, Damien |
| 245 ## - TITLE STATEMENT | |
| Title | Market analysis beyond market fetishism/ |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Name of publisher, distributor, etc | Sage, |
| Date of publication, distribution, etc | 2020. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Pages | Vol. 52, Issue 1, 2020 ( 27–45 p.) |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | This article responds to Peck’s call for a heterodox economic analysis of markets that is sensitive to their sociality and spatiality with Polanyi’s work as a starting point. It is argued that while Polanyi’s concept of the socially embedded economy offers a useful heuristic for apprehending the social foundations of economic activity, his analysis exhibits ‘market fetishism’ – a tendency to treat markets as things in and of themselves, without a proper appreciation of their inherently social foundations – and that this is reflected in broader scholarly discourses with respect to markets. Thus, it is argued, we need to augment Polanyi’s framework with other heterodox economic insights. The article outlines a four-step approach to ‘de-fetishizing’ markets. First, the article foregrounds the specifically capitalist nature of the global economy, and the ‘unique system of market dependence’ to which capitalist social relations give rise. Second, it is argued that de-fetishizing markets requires that an agent-centred approach be adopted. Rather than viewing markets as ‘things’ it is argued that they are most usefully understood as the interactions between agents, the most significant of which, within the contemporary global economy, is the large capitalist firm. Third, the interaction between such agents is structured by pervasive frameworks of rules. Fourth, it is argued that markets are inherently spatial phenomena. They are spatially constituted and contribute to the production of space. |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 8877 |
| Host Itemnumber | 17103 |
| Place, publisher, and date of publication | London Pion Ltd. 2010 |
| Title | Environment and planning A |
| International Standard Serial Number | 1472-3409 |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | https://doi.org/10.1177/0308518X18820917 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | E-Journal |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| -- | 57317 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| -- | ddc |
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