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Markets of Dispossession - NGOs, Economic Development, and the State in Cairo (Hardcover, New)
Loot Price: R2,978
Discovery Miles 29 780
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Markets of Dispossession - NGOs, Economic Development, and the State in Cairo (Hardcover, New)
Series: Politics, History, and Culture
Expected to ship within 12 - 17 working days
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What happens when the market tries to help the poor? In many parts
of the world today, neoliberal development programs are offering
ordinary people the tools of free enterprise as the means to
well-being and empowerment. Schemes to transform the poor into
small-scale entrepreneurs promise them the benefits of the market
and access to the rewards of globalization. Markets of
Dispossession is a theoretically sophisticated and sobering account
of the consequences of these initiatives. Julia Elyachar studied
the efforts of bankers, social scientists, ngo members, development
workers, and state officials to turn the craftsmen and unemployed
youth of Cairo into the vanguard of a new market society based on
microenterprise. She considers these efforts in relation to the
alternative notions of economic success held by craftsmen in Cairo,
in which short-term financial profit is not always highly valued.
Through her careful ethnography of workshop life, Elyachar explains
how the traditional market practices of craftsmen are among the
most vibrant modes of market life in Egypt. Long condemned as
backward, these existing market practices have been seized on by
social scientists and development institutions as the raw materials
for experiments in "free market" expansion. Elyachar argues that
the new economic value accorded to the cultural resources and
social networks of the poor has fueled a broader process leading to
their economic, social, and cultural dispossession.
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