When The Big Ones Abandon the Marketplace: Morals and Politics of Price in Equatorial Guinea

The Politics and Ethics of the Just Price

ISBN: 978-1-78743-574-2, eISBN: 978-1-78743-573-5

ISSN: 0190-1281

Publication date: 19 June 2019

Abstract

Based on ethnographic fieldwork carried out among market sellers in Equatorial Guinea’s capital Malabo at the height of its oil-boom in 2010–2012, this paper explores how prices were negotiated and set. It describes how the marketplace constitutes an important institution in Guinean society, not only as a site for provisioning, but also as a space for fostering relationships, engaging in politics and seeking social justice. The case of Equatorial Guinea helps us to re-think the notion of the just price as it is established through contingent and negotiated relations between traders, their customers and powerful political actors, rather than being the outcome of supply and demand or the result of struggles over the production and reproduction of labour. The emphasis on the political dimension of the just price speaks to key debates in the moral economy literature.

Keywords

Citation

Valenciano-Mañé, A. (2019), "When The Big Ones Abandon the Marketplace: Morals and Politics of Price in Equatorial Guinea", The Politics and Ethics of the Just Price (Research in Economic Anthropology, Vol. 39), Emerald Publishing Limited, pp. 49-70. https://doi.org/10.1108/S0190-128120190000039003

Download as .RIS

Publisher

:

Emerald Publishing Limited

Copyright © 2019 Emerald Publishing Limited

Please note you might not have access to this content

You may be able to access this content by login via Shibboleth, Open Athens or with your Emerald account.
If you would like to contact us about accessing this content, click the button and fill out the form.