Development problems are reframed as mere market-access problems.
Evidence
Here, the challenges of “development” (whether of nations, communities or individuals) are imagined largely as the inaccessibility or prejudice of markets; venture philanthropy initiatives aim to precisely mobilize targeted funds to leverage open market opportunities for those who would otherwise be too poor or too benighted to benefit from them. — Max Haiven, Cultures of Financialization, 419
Categorization
- XREF: Echoes the financial-inclusion critiques from the microfinance literature and Sharma’s critiques seen elsewhere; ties to deWaard’s premise that finance reframes public problems as individual market failures. — connects to: Neoliberalism holds that markets can solve the very problems markets create — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 2134; Economic problems are political problems about how social power is distributed — Clara E. Mattei, Escape from Capitalism: An Intervention, 38; Economic ideas can blind policymakers to the flaws of their institutional designs — Mark Blyth, Austerity: The History of a Dangerous…, 252 (+3 more)
Broader Connections
- Neoliberalism holds that markets can solve the very problems markets create
#expands(0.85) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 2134 - Economic problems are political problems about how social power is distributed
#contradicts(0.80) — Clara E. Mattei, Escape from Capitalism, 38 - Simplified definitions produce inadequate solutions to complex problems
#exemplifies(0.80) — Chris Allen, Islamophobia, 923 - Liberalization reforms market their own outcomes as causes of growth.
#exemplifies(0.80) — Mark Blyth, Austerity, 378 - Economic ideas can blind policymakers to the flaws of their institutional designs
#exemplifies(0.75) — Mark Blyth, Austerity, 252 - The market cannot by definition be a collective project
#expands(0.75) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 609