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Marketization and Foucault

Author

Listed:
  • Aras Özgün
  • Nikhilesh Dholakia
  • Deniz Atik

Abstract

In the business disciplines such as marketing, when the occasional critical perspectives explore the concept of marketization, it is usually in the spirit of exploring a form of ‘excess’: too much commodification and overreach of marketing methods. This article takes the concept of ‘marketization’ into deeper theoretical territory, exploring in detail how the ideas of the influential social theorist Michel Foucault have shaped the contemporary concepts and realities of neoliberalism and marketization. The article also makes connections to marketing theory and practices, and indicates how these could evolve to keep marketization corralled and part of a large and varied mix of consumption practices.

Suggested Citation

  • Aras Özgün & Nikhilesh Dholakia & Deniz Atik, 2017. "Marketization and Foucault," Global Business Review, International Management Institute, vol. 18(3_suppl), pages 191-202, June.
  • Handle: RePEc:sae:globus:v:18:y:2017:i:3_suppl:p:s191-s202
    DOI: 10.1177/0972150917693335
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    Cited by:

    1. Jafari, Aliakbar & Aly, Marwa & Doherty, Anne Marie, 2022. "An analytical review of market system dynamics in consumer culture theory research: Insights from the sociology of markets," Journal of Business Research, Elsevier, vol. 139(C), pages 1261-1274.

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