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Theory of Mercantifers

In: An Enquiry into the Ideology and Reality of Market and Market System

Author

Listed:
  • John Lepper

    (Lancaster University)

Abstract

In this chapter, we plait three features of mercantifers together to outline a theory of them. Mercantifers can change their spheres of influence over time; they incorporate forms of social control to determine that sphere of influence and to set and enforce rules; and they exist because of so-called Market failure. Although this theory is couched in terms of a manufactured product, we assert that it is equally applicable to any thing, action or idea produced in any society.

Suggested Citation

  • John Lepper, 2011. "Theory of Mercantifers," Palgrave Macmillan Books, in: An Enquiry into the Ideology and Reality of Market and Market System, chapter 13, pages 185-197, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-34680-2_14
    DOI: 10.1057/9780230346802_14
    as

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