The Political Analysis of Markets
This Bulletin stems from a dissatisfaction with the way in which the idea of 'the market' or 'the free market' is currently used in conventional discourse on development issues. One notion is particularly dominant, implicitly or explicitly: 'the market' seen as a flexible, atomistic realm of impersonal exchange and dispersed competition, characterized by voluntary transactions on an equal basis between autonomous, usually private, entities with material motivations.