Markets are usually discussed in abstract terms, as an economic
organizing principle, a generalized alternative to government
planning, or even as powerful actors in their own right, able to
shape local and national economic destinies. But markets are not
abstract. Even as the idea of the market seduces politicians around
the world to take advantage of their abstract qualities, they
constantly run up against material reality. Markets are always
somewhere, in place, and it is in place that the smooth theories of
markets falter and fail. More than simply being embedded in
particular places, markets necessarily emerge in the various
political, social, cultural, and environmental relations that exist
in and between places. Markets shape places, but the reverse is
also true. This collection of essays approaches markets from the
ground up, and from a part of the world often still regarded as
peripheral to global capitalism: the South Pacific. With a wide
variety of case studies, including on indigenous economies,
childcare, agriculture, wine, electricity metering, finance,
education, and housing, the authors show how complex local, social
and cultural politics matter to how markets are made within and
between places, and the insights that can be gleaned from studying
markets in this part of the world. They explore the way
superficially similar markets work out differently in different
places, and why, as well as examining how market relations are
constructed in places outside and on the edges of the centres of
Western capitalism, and what this says back to how markets are
understood in those centres. The book will be of particular
interest to scholars and students working in and between economic
geography, cultural economy, political economy, economic sociology,
and more.
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