
Market Threads : How Cotton Farmers and Traders Create a Global Commodity.
Title:
Market Threads : How Cotton Farmers and Traders Create a Global Commodity.
Author:
Çalişkan, Koray.
ISBN:
9781400833924
Personal Author:
Physical Description:
1 online resource (243 pages)
Contents:
Market Threads: How Cotton Farmers and Traders Create a Global Commodity -- Contents -- Preface -- Acknowledgments -- Introduction: How to Study a Global Market -- A Review of Literature on the Market -- Social Studies of the Market -- New Directions in the Social Study of Markets -- Commodity Chains, Systems of Provision, and the Social Lives of Things -- Why Cotton? -- How to Follow Cotton? -- Where to Follow Cotton? -- Summary of Arguments -- Chapter 1 What Is a World Price? The Prosthetic and Actual Worth of Cotton -- How Much Does an Actual Bale of Cotton Really Cost? -- The Price Disappears Again -- Making Sense of the Price -- Market Reports -- Optional Prices of Cotton -- Conclusion -- Chapter 2 Market Maintenance in the Worlds of Commodity Circulation -- The World of Cotton -- We Have on This Day Sold to You as Follows -- The Shipment Is Brought Together -- Two Thousand Bales to Go -- We Hereby Con.rm the Arrival of . . . -- The Market Platform: Capital, Knowledge, and Network -- Conclusion -- Chapter 3 Markets' Multiple Boundaries in Izmir, Turkey -- Pit Trading in the Izmir Mercantile Exchange -- The Rehearsal Price of the Pit -- The Transaction Price of Postpit Trading -- Making the Market Price of Turkish Cotton -- Another Market Place: The Permanent Working Group on Cotton -- Conclusion -- Chapter 4 A Market without Exchange: Cotton Trade in Egypt -- The World's First Cotton Futures Market and Its Historical Setting -- Alcotexa and Cotton's Associate Price -- We Spend All Our Time in Search of the Price -- Three Traits of Trade -- Cotton Comes to the Market -- Conclusion -- Chapter 5 Growing Cotton and Its Global Market in a Turkish Village -- Field Preparation and Sowing in Pamukköy -- Mechanical and Manual Sowing -- Irrigation -- The Harvest -- The Market: Exchanging Cotton in Pamukköy -- The Traders' Price -- The Farmers' Price.
Conclusion -- Chapter 6 Cotton Fields of Power in Rural Egypt -- Cotton Is Disappearing in Egypt -- An Illegal Alien in the Egyptian Countryside -- Growing Cotton in the Fields of Kafr Gaffar and 'Izbet Sabri -- So Your Egyptians Are Kurds, No? -- The Struggle to Survive: Farmers, Animals, and Stock -- Financing the Plant Stock with Livestock -- The Gamoosa Dies, the Cotton Grows -- Research in the Wild Countryside -- The Harvesting and Marketing of Cotton -- Conclusion -- Conclusion: What Is a Global Market? -- Bridging the Global and the Regional -- The Rural Fields of Global Markets -- The Production and Exchange of Cotton -- The Market Fields of Power -- What Is to Be Done with the Market -- Glossary -- References -- Index.
Abstract:
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. Spanning a variety of disciplines, Market Threads offers an original look at the world commodity trade and revises prevailing explanations for how markets work.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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Electronic Access:
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