Market threads : how cotton farmers and traders create a global commodity / Koray Çalışkan.

By:

Çalışkan, Koray, 1972-

Material type: Text

TextSeries: The Princeton economic history of the Western world Understanding the process of economic changePublication details: Princeton, N.J. : Princeton University Press, ©2010.Description: 1 online resource (xvi, 230 pages) : illustrationsContent type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

9781400833924
1400833922
1282692143
9781282692145
9786612692147
6612692146

Subject(s):

Genre/Form:

Additional physical formats: Print version:: Market threads.DDC classification:

382/.41351 22

LOC classification:

HD9070.5 .C35 2010eb

Online resources:

Click here to access online

Contents:

What is a world price? The prosthetic and actual worth of cotton -- Market maintenance in the worlds of commodity circulation -- Markets' multiple boundaries in Izmir, Turkey -- A market without exchange: cotton trade in Egypt -- Growing cotton and its global market in a Turkish village -- Cotton fields of power in rural Egypt.

Summary: What is a global market? How does it work? At a time when new crises in world markets cannot be satisfactorily resolved through old ideas, Market Threads presents a detailed analysis of the international cotton trade and argues for a novel and groundbreaking understanding of global markets. The book examines the arrangements, institutions, and power relations on which cotton trading and production depend, and provides an alternative approach to the analysis of pricing mechanisms. Drawing upon research from such diverse places as the New York Board of Trade and the Turkish and Egyptian countrysides, the book explores how market agents from peasants to global merchants negotiate, accept, reject, resist, reproduce, understand, and misunderstand a global market. The book demonstrates that policymakers and researchers must focus on the specific practices of market maintenance in order to know how they operate. Markets do not simply emerge as a relationship among self-interested buyers and sellers, governed by appropriate economic institutions. Nor are they just social networks embedded in wider economic social structures. Rather, global markets are maintained through daily interventions, the production of prosthetic prices, and the waging of struggles among those who produce and exchange commodities. The book illustrates the crucial consequences that these ideas have on economic reform projects and market studies. --From publisher's description.

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Item type	Home library	Collection	Call number	Materials specified	Status	Date due	Barcode
Electronic-Books	OPJGU Sonepat- Campus	E-Books EBSCO			Available

Includes bibliographical references and index.

What is a global market? How does it work? At a time when new crises in world markets cannot be satisfactorily resolved through old ideas, Market Threads presents a detailed analysis of the international cotton trade and argues for a novel and groundbreaking understanding of global markets. The book examines the arrangements, institutions, and power relations on which cotton trading and production depend, and provides an alternative approach to the analysis of pricing mechanisms. Drawing upon research from such diverse places as the New York Board of Trade and the Turkish and Egyptian countrysides, the book explores how market agents from peasants to global merchants negotiate, accept, reject, resist, reproduce, understand, and misunderstand a global market. The book demonstrates that policymakers and researchers must focus on the specific practices of market maintenance in order to know how they operate. Markets do not simply emerge as a relationship among self-interested buyers and sellers, governed by appropriate economic institutions. Nor are they just social networks embedded in wider economic social structures. Rather, global markets are maintained through daily interventions, the production of prosthetic prices, and the waging of struggles among those who produce and exchange commodities. The book illustrates the crucial consequences that these ideas have on economic reform projects and market studies. --From publisher's description.