What Is a Market?

  • Klaus Hoeyer


This chapter outlines the tenets of market thinking to provide a better background for understanding the type of problem ubjects constitute and one of the institutions potentially changed through their exchange. Activities which are today usually described as “following the rules of the market” could have been conceived of in many ways, and to understand the specificity of what prevalent ideas about “markets” do to our way of handling ubjects, we need to elucidate the underpinnings and implicit assumptions associated with them. I pointed out in the introduction how the concept of “market” has historically specific meanings. All concepts of course have historically specific meanings and as we reflect on them and as the practices they refer to change, these meanings also change. The problem with market thinking is not that it is historically specific but that it implies particular distinctions that are at odds with ubject exchange. To better appreciate the implications of the resulting tensions, we need to denaturalize market thinking as a transparent representation of exchange while simultaneously taking into account how notions of markets are embedded in very concrete experiences and material exchange practices.


Eighteenth Century Dead Body Exchange Partner Sperm Donor Embryonic Stem Cell Research 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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© Springer Science+Business Media Dordrecht 2013

Authors and Affiliations

  1. 1.Department of Public HealthUniversity of CopenhagenCopenhagenDenmark

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