Abstract
The contemporary dominance of global capitalism rests strongly on the continued ideological vigor of a particular notion of `the market’ as much as it does on the availability of capital, the efficiency of distribution systems and the exploitation of labor. In prevailing conceptions, as many point out, ‘the market’ arises as a kind of supra-intelligence, even a kind of a deity (Frank 2000), that is said to effectively arrange social and economic life according to an unbending, and ultimately unerring, calculus of value — an idea clearly descendent from Adam Smith (Carrier 1997; Slater and Tonkiss 2001). In its present day manifestation, the neoclassical ideology of the market informs a neoliberal politics that exhorts, in ways that Smith never intended, the absolute right-of-way for commerce to shun governmental regulation or public oversight (Comaroff and Comaroff 2000).
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© 2008 Daniel Thomas Cook
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Cook, D.T. (2008). Introduction: Dramaturgies of Value in Market Places. In: Cook, D.T. (eds) Lived Experiences of Public Consumption. Consumption and Public Life. Palgrave Macmillan, London. https://doi.org/10.1057/9780230591264_1
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DOI: https://doi.org/10.1057/9780230591264_1
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