From Opportunity to Imperative: The History of the Market Cover Image

Od możliwości do imperatywu: historia rynku
From Opportunity to Imperative: The History of the Market

Author(s): Ellen Meiksins Wood
Subject(s): Marxist economics, Economic history, Political economy
Published by: Uniwersytet Adama Mickiewicza
Keywords: capitalism; market; history; Brenner; Polanyi

Summary/Abstract: The author shows that the history of the capitalist market is inextricably linked to an unprecedented use of force and violence in human history. Such a view of the market has a profound impact on our understanding of the transition from the feudal to the capitalist order. The author indicates that this transition was not a “liberation” from feudal bondage, but on the contrary was connected with the subordination of the market to capitalist imperatives of production. This subordination resulted not from technological progress or almost transhistorical rights, but from the transformation of social property relations between the peasants and the nobility in England. Such an approach to the capitalist market also sheds a different light on its possible political alternatives.

  • Issue Year: 2017
  • Issue No: 26
  • Page Range: 320-342
  • Page Count: 23
  • Language: Polish