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Quantifying, economising, and marketising: democratising the social sphere?

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  • Kurunmaki, Liisa
  • Mennicken, Andrea
  • Miller, Peter

Abstract

In recent decades, there has been an avalanche of numbers in public life, one that matches that which occurred in the first half of the nineteenth century. The difference today is that many of the numbers that are now so central to political rule pertain to performance, and depend on a felicitous interlocking of quantifying, economising, and marketising. The calculated management of life is at a critical juncture, and it is essential that we consider carefully how this is affecting who we are, what we have become, and who we wish to be. Only a few decades ago, this bandwagon seemed limited or at least focused in its reach, yet it now appears as if no domain of human endeavour can escape. We argue that it is important to differentiate quantifying, economising, and marketising, so as to counter the often phobic response to the unrelenting march of numbers in modern political rule. We call for greater attention to the role of accounting numbers, for accounting numbers go beyond the abstract models of economics and allow a form of action on the actions of others that economics does not. We argue also for greater attention to the conditionality of the performativity of quantification, so that we can identify the conditions under which numbers produce effects, and the varying nature and extent of those effects. Finally, we consider the thorny issue of “democratising” the social sphere, and note that it is only recently that quantification has been largely annexed by the phenomenon dubbed neoliberalism.

Suggested Citation

  • Kurunmaki, Liisa & Mennicken, Andrea & Miller, Peter, 2016. "Quantifying, economising, and marketising: democratising the social sphere?," LSE Research Online Documents on Economics 67549, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:67549
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    File URL: http://eprints.lse.ac.uk/67549/
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    References listed on IDEAS

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    1. Liisa Kurunm�ki & Peter Miller, 2013. "Calculating failure: The making of a calculative infrastructure for forgiving and forecasting failure," Business History, Taylor & Francis Journals, vol. 55(7), pages 1100-1118, October.
    2. Miller, Peter, 1990. "On the interrelations between accounting and the state," Accounting, Organizations and Society, Elsevier, vol. 15(4), pages 315-338.
    3. Fabian Muniesa, 2014. "The Provoked Economy," Post-Print halshs-01113031, HAL.
    4. Mennicken, Andrea, 2013. "Too big to fail and too big to succeed: accounting and privatisation in the Prison Service of England and Wales," LSE Research Online Documents on Economics 46366, London School of Economics and Political Science, LSE Library.
    5. Fabian Muniesa, 2014. "The Provoked Economy: Economic Reality and the Performative Turn," Post-Print halshs-00989576, HAL.
    6. Rose, Nikolas, 1991. "Governing by numbers: Figuring out democracy," Accounting, Organizations and Society, Elsevier, vol. 16(7), pages 673-692.
    7. Miller, Peter & O'Leary, Ted, 2007. "Mediating instruments and making markets: Capital budgeting, science and the economy," Accounting, Organizations and Society, Elsevier, vol. 32(7-8), pages 701-734.
    8. Kurunmaki, Liisa & Miller, Peter, 2013. "Calculating failure: the making of a calculative infrastructure for forgiving and forecasting failure," LSE Research Online Documents on Economics 50673, London School of Economics and Political Science, LSE Library.
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    Cited by:

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    2. Florian Eyert & Florian Irgmaier & Lena Ulbricht, 2022. "Extending the framework of algorithmic regulation. The Uber case," Regulation & Governance, John Wiley & Sons, vol. 16(1), pages 23-44, January.
    3. Eyert, Florian & Irgmaier, Florian & Ulbricht, Lena, 2022. "Extending the framework of algorithmic regulation. The Uber case," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 16(1), pages 23-44.
    4. Heald, David & Steel, David, 2018. "The governance of public bodies in times of austerity," The British Accounting Review, Elsevier, vol. 50(2), pages 149-160.
    5. Maarten Hillebrandt, 2020. "Keeping One’s Shiny Mercedes in the Garage: Why Higher Education Quantification Never Really Took Off in Germany," Politics and Governance, Cogitatio Press, vol. 8(2), pages 48-57.
    6. Liliana Doganova & Martin Giraudeau & Hans Kjellberg & Claes-Fredrik Helgesson & Francis Lee & Alexandre Mallard & Andrea Mennicken & Fabian Muniesa & Ebba Sjögren & Teun Zuiderent-Jerak, 2018. "Five years! Have we not had enough of valuation studies by now?," Post-Print halshs-01935355, HAL.
    7. Quintin Bradley, 2022. "The accountancy of marketisation: Fictional markets in housing land supply," Environment and Planning A, , vol. 54(3), pages 493-507, May.

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    More about this item

    Keywords

    quantifying; economising; marketising; democratising; performativity; accounting; neoliberalism; subjectifying;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General

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