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Economic geographies of value revisited

Pani, Erica (2017) Economic geographies of value revisited. Geography Compass, 11 (9). ISSN 1749-8198

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Identification Number: 10.1111/gec3.12326

Abstract

As the debate continues in economic geography regarding the theoretical, methodological, and empirical need to abstract out from the complexity of real‐world economic activity versus the need to examine the multiplicity and specificity of actually existing economies, this article revisits an object the ontology of which sits at the heart of such debates, that is, value. For a sub‐discipline that has long‐battled to be taken seriously as a social “science,” the subject of value in economic geographies has become a battle royal between those who are willing to essentialise and those who are not, with many scholars justify their opposing positions on the grounds of theoretical salience and/or methodological rigour. In this article, I position value as the exemplar of these arguments, contrasting Roger Lee's (2006, 2011) relational understanding of value to the essentialising tendencies of Marx and neoclassicism. The paper posits that far from the openness of a relational approach being theoretically “weak,” its strength in being able to deal with real‐world complexity allows economic geographers to better explore some of societies' most important questions.

Item Type: Article
Official URL: https://onlinelibrary.wiley.com/journal/17498198
Additional Information: © 2017 The Author
Divisions: Geography & Environment
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
Date Deposited: 27 Sep 2019 11:00
Last Modified: 14 Sep 2024 07:57
URI: http://eprints.lse.ac.uk/id/eprint/101714

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