000 01676pab a2200157 454500
008 180718b2004 xxu||||| |||| 00| 0 eng d
100 _aWilliams, Colin C.
245 _aThe myth of marketization: an evaluation of the persistence of non-market activities in advanced economies
260 _c2004
300 _ap.437-49.
362 _aDec
520 _aAcross the social sciences, a recurring theme is that market production, where goods and services are produced for monetized exchange by capitalist firms for profit-motivated purposes, is replacing non-market production in the advanced economies. The aim of this article is to evaluate critically this marketization thesis. analysing data on the volume of market and non-market activity in the advanced economies, it reveals not only the relatively shallow penetration of the market sphere but also how for some four decades, contrary to the marketization thesis, the market sphere does not appear to have grown relative to the non-market realm. Here, therefore, the view that non-market activity is a vestige of a pre-capital past is rejected and its persistence and growth are instead explained in terms of both the prevalence of resistance cultures to marketism and the inherent contradictions embedded in the pursuit of marketization. The article thus concludes with a call to transcend the currently dominant view that the market is victorious, pervasive and hegemonic, and for greater recognition and value to be given to the non-market realm as well as the possibility of alternative futures beyond marketization. - Reproduced.
650 _aMarket economy
773 _aInternational Sociology
909 _a63306
999 _c63306
_d63306