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Market as a political future

In: The Illusion of Management Control

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  • Christian Frankel

Abstract

Market forces, the idea that the market is present in a way that can disrupt, sustain and build up order, is so common that often we do not even give it a thought. It is as if we know the presence of market forces too well: prices rise, customers may choose to go elsewhere, they ‘vote with their feet’, and, forced by the market, shops may have to close, production may move to other parts of the world, people may lose their jobs, and political decision-makers feel forced to make drastic cuts. But markets are not only a force present. It is also a force of the future, as it were. Take the example of the European Union: for more than 50 years the future of a market common to the member states has been a political priority. The future market has had, as it were, a force to shape and invigorate politics in Europe and also elsewhere.

Suggested Citation

  • Christian Frankel, 2012. "Market as a political future," Palgrave Macmillan Books, in: Niels Thygesen (ed.), The Illusion of Management Control, chapter 7, pages 185-203, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36539-1_8
    DOI: 10.1057/9780230365391_8
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