Markets of Dispossession: NGOs, Economic Development, and the State in Cairo / Edition 1

Markets of Dispossession: NGOs, Economic Development, and the State in Cairo / Edition 1

by Julia Elyachar
     
 

ISBN-10: 0822335719

ISBN-13: 9780822335719

Pub. Date: 10/26/2005

Publisher: Duke University Press Books

What happens when the market tries to help the poor? In many parts of the world today, neoliberal development programs are offering ordinary people the tools of free enterprise as the means to well-being and empowerment. Schemes to transform the poor into small-scale entrepreneurs promise them the benefits of the market and access to the rewards of globalization.

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Overview

What happens when the market tries to help the poor? In many parts of the world today, neoliberal development programs are offering ordinary people the tools of free enterprise as the means to well-being and empowerment. Schemes to transform the poor into small-scale entrepreneurs promise them the benefits of the market and access to the rewards of globalization. Markets of Dispossession is a theoretically sophisticated and sobering account of the consequences of these initiatives.

Julia Elyachar studied the efforts of bankers, social scientists, ngo members, development workers, and state officials to turn the craftsmen and unemployed youth of Cairo into the vanguard of a new market society based on microenterprise. She considers these efforts in relation to the alternative notions of economic success held by craftsmen in Cairo, in which short-term financial profit is not always highly valued. Through her careful ethnography of workshop life, Elyachar explains how the traditional market practices of craftsmen are among the most vibrant modes of market life in Egypt. Long condemned as backward, these existing market practices have been seized on by social scientists and development institutions as the raw materials for experiments in “free market” expansion. Elyachar argues that the new economic value accorded to the cultural resources and social networks of the poor has fueled a broader process leading to their economic, social, and cultural dispossession.

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Product Details

ISBN-13:
9780822335719
Publisher:
Duke University Press Books
Publication date:
10/26/2005
Series:
Politics, History, and Culture
Edition description:
New Edition
Pages:
296
Sales rank:
1,027,329
Product dimensions:
6.00(w) x 9.00(h) x 0.80(d)

Table of Contents

1Introduction : the power of invisible hands1
2A home for markets : two neighborhoods in plan and practice, 1905-199637
3Mappings of power : informal economy and hybrid states66
4Mastery, power, and model workshop markets96
5Value, the evil eye, and economic subjectivities137
6NGOs, business and social capital167
7Empowering debt191
Conclusion : the free market and the invisible spectator213

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