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Alternativizing markets : the framing of moral commerce

Bååth, Jonas LU orcid and Fuentes, Christian LU orcid (2025) In Socio-Economic Review 23(1). p.183-203
Abstract

How are moral markets organized? While previous research has shown that moral markets combine conventional and alternative elements, it has failed to explain how these hybridizations can ensure the organization of moral markets. To this end, we take an economic-sociological approach using ethnographic materials from a study of Swedish Reko-rings, a direct-to-customer market for local foods, to analyse how actors address the key coordination problems of value, competition and cooperation. The analysis shows how participants of these markets enact an 'alternative framing', emphasizing economic certainty as instrumental for moral certainty, which enables them to develop and implement 'alternativized' solutions to market coordination... (More)

How are moral markets organized? While previous research has shown that moral markets combine conventional and alternative elements, it has failed to explain how these hybridizations can ensure the organization of moral markets. To this end, we take an economic-sociological approach using ethnographic materials from a study of Swedish Reko-rings, a direct-to-customer market for local foods, to analyse how actors address the key coordination problems of value, competition and cooperation. The analysis shows how participants of these markets enact an 'alternative framing', emphasizing economic certainty as instrumental for moral certainty, which enables them to develop and implement 'alternativized' solutions to market coordination problems. Thereby, participants make economic and moral values certain by making the former instrumental for the latter. We advance previous research by showing that moral markets require not just hybridization, but hybridization guided by a specific economic-moral framing that enables these markets to avoid co-option.

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Please use this url to cite or link to this publication:
author
and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
coordination, economic sociology, ethics, markets
in
Socio-Economic Review
volume
23
issue
1
pages
21 pages
publisher
Oxford University Press
external identifiers
  • scopus:85215859258
ISSN
1475-1461
DOI
10.1093/ser/mwae068
project
Alternative Food Markets: Promoting new modes of food provisioning and consumption
Service Studies Consumption
Centre for Retail Research at Lund University
language
English
LU publication?
yes
id
ec3ebbe1-d200-49b8-aa3e-fda2e7022e65
date added to LUP
2024-11-07 10:08:11
date last changed
2025-04-04 14:11:35
@article{ec3ebbe1-d200-49b8-aa3e-fda2e7022e65,
  abstract     = {{<p>How are moral markets organized? While previous research has shown that moral markets combine conventional and alternative elements, it has failed to explain how these hybridizations can ensure the organization of moral markets. To this end, we take an economic-sociological approach using ethnographic materials from a study of Swedish Reko-rings, a direct-to-customer market for local foods, to analyse how actors address the key coordination problems of value, competition and cooperation. The analysis shows how participants of these markets enact an 'alternative framing', emphasizing economic certainty as instrumental for moral certainty, which enables them to develop and implement 'alternativized' solutions to market coordination problems. Thereby, participants make economic and moral values certain by making the former instrumental for the latter. We advance previous research by showing that moral markets require not just hybridization, but hybridization guided by a specific economic-moral framing that enables these markets to avoid co-option.</p>}},
  author       = {{Bååth, Jonas and Fuentes, Christian}},
  issn         = {{1475-1461}},
  keywords     = {{coordination; economic sociology; ethics; markets}},
  language     = {{eng}},
  month        = {{01}},
  number       = {{1}},
  pages        = {{183--203}},
  publisher    = {{Oxford University Press}},
  series       = {{Socio-Economic Review}},
  title        = {{Alternativizing markets : the framing of moral commerce}},
  url          = {{https://lup.lub.lu.se/search/files/199217268/30_Alternativizing_markets_-_the_framing_of_moral_commerce_-_B_th_Fuentes.pdf}},
  doi          = {{10.1093/ser/mwae068}},
  volume       = {{23}},
  year         = {{2025}},
}