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Living Worth - Value and Values in Global Pharmaceutical Markets (Paperback)
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Living Worth - Value and Values in Global Pharmaceutical Markets (Paperback)
Series: Critical Global Health: Evidence, Efficacy, Ethnography
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In Living Worth Stefan Ecks draws on ethnographic research on
depression and antidepressant usage in India to develop a new
theory of value. Framing depressive disorder as a problem of value,
Ecks traces the myriad ways antidepressants come to have value,
from their ability to help make one's life worth living to the
wealth they generate in the multibillion-dollar global
pharmaceutical market. Through case studies that include analyses
of the different valuation of generic and brand-name drugs, the
origins of rising worldwide depression rates, and the marketing,
prescription, and circulation of antidepressants, Ecks theorizes
value as a process of biocommensuration.
Biocommensurations-transactions that aim or claim to make life
better-are those forms of social, medical, and corporate actions
that allow value to be measured, exchanged, substituted, and
redistributed. Ecks's theory expands value beyond both a Marxist
labor theory of value and a free market subjective theory, thereby
offering new insights into how the value of lives and things become
entangled under neoliberal capitalism.
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