Constitutions of Value
Law, Governance, and Political Ecology
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Gathering an interdisciplinary range of cutting-edge scholars, this book addresses legal constitutions of value.
Global value production and transnational value practices that rely on exploitation and extraction have left us with toxic commons and a damaged planet. Against this situation, the book examines law’s fundamental role in institutions of value production and valuation. Utilising pathbreaking theoretical approaches, it problematizes mainstream efforts to redeem institutions of value production by recoupling them with progressive values. Aiming beyond radical critique, the book opens up the possibility of imagining and enacting new and different value practices.
This wide-ranging and accessible book will appeal to international lawyers, socio-legal scholars, those working at the intersections of law and economy and others, in politics, economics, environmental studies and elsewhere, who are concerned with rethinking our current ideas of what has value, what does not, and whether and how value may be revalued.
Table of Contents
1. Constitutions of Value: An Introduction to the Symposium
Isabel Feichtner and Geoff Gordon
2. The Constitution of Non-Monetary Surplus Values
3. Against Value(s): Marx, Wertkritik and the Illusions of State, Politics and Law
4. Real (E)State: Valuing a Nation under Imperial Rentier Capitalism
5. Paris is Burning: A Cautionary Tale About the Politics of Value
6. Capitalism, the Constitutional Theory of the Firm, and Value Production: Investment and Labor Market Precarity
Jamee K. Moudud
7. The Key to Value: The Debate over Commensurability in Neoclassical and Credit Approaches to Money
8. States, Markets, and Transnational Law: A Re-evaluation of the Legal ‘Constitution’ of Money
9. Financial Value, Anthropological Critique, and the Operations of the Law
10. Critique of Valuation in the Calculation of Damages in ISDS: Between Law, Finance and Politics
11. On the Value of Rights
12. Value as Potentiality: Blockchain and the Age of Institutional Challenges
Outi Korhonen and Juho Rantala
13. The Contemporary Values of Operadiction Regimes
Dimitri Van Den Meerssche and Geoff Gordon
14. Legally Constituting the Value of Nature: the Green Economy and Stranded Assets
15. The Market as a ‘Rigged Game’: Theories of Ecologically Unequal Exchange and Their Implications for Value, Price, and Measures of Real Wealth
16. Value in the Emotional Register
17. Value Talk in Legal Academia
John D. Haskell
18. A Vague Reflection on Value, or, the (Im)possibility of Radical Imagination
Isabel Feichtner is Professor at the University of Würzburg, Germany.
Geoff Gordon is Senior Researcher at the Asser Institute, University of Amsterdam, Netherlands.