What Are Markets For?

What Are Markets For?

Markets are apparently straightforward: they connect buyers to sellers. But their operation is complex, depending on pla…
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Markets are apparently straightforward: they connect buyers to sellers. But their operation is complex, depending on places, things, networks and performances. Belief in markets is a cultural and poli...

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SKU99327505
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Markets are apparently straightforward: they connect buyers to sellers. But their operation is complex, depending on places, things, networks and performances. Belief in markets is a cultural and political ideology. They are a means of governance in modern society, linked to individualistic self-responsibility.

But markets also have a darker side. Not everything should be for sale. Markets wield political power; they benefit those who already have resources; they impair collective action; they can be exploitative. As well as asking what markets are for, this book asks who they are for and what needs to change if they are to enable us to thrive in the 21st century.

Markets are apparently straightforward: they connect buyers to sellers. But their operation is complex, depending on places, things, networks and performances. Belief in markets is a cultural and political ideology. They are a means of governance in modern society, linked to individualistic self-responsibility.

But markets also have a darker side. Not everything should be for sale. Markets wield political power; they benefit those who already have resources; they impair collective action; they can be exploitative. As well as asking what markets are for, this book asks who they are for and what needs to change if they are to enable us to thrive in the 21st century.