Citizenship is now a key battleground in the fight over the direction of personal and political morality, domestic and global policy, social justice and the spread of violence across the world. Market Citizenship: Experiments in Democracy and Globalization offers a compelling account of the past and future of citizenship. Drawing on a rich fund of empirical material, author Amanda Root analyzes a new paradigm of social relations: market citizenship.
Chapter 2: Markets
Markets are, in the simplest definition, mediums where exchanges can take place. The Oxford English Dictionary (OED) gives one definition of markets as ‘The meeting or congregating together of people for the purchase or sale of provisions or livestock, publicly exposed, at a fixed time or place; the occasion or time during which such goods are exposed for sale, also the company of people at such a meeting.’ The term market has been used in this sense in the UK probably since 1154 ad.
This definition is inadequate in some respects, however. Technologies have changed, so exchanges can be arranged by telephone, in cyberspace or by telex; markets do not necessarily have to be physically located in a space. Markets can be aspatial, although citizens ...