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Market Making and the Contested Performation of Value in the Global (Bulk) Wine Industry

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Rainer, Gerhard ; Steiner, Christian ; Pütz, Robert:
Market Making and the Contested Performation of Value in the Global (Bulk) Wine Industry.
In: Economic geography. 99 (16. Mai 2023) 4. - S. 411-433.
ISSN 0013-0095

Volltext

Open Access
Volltext Link zum Volltext (externe URL):
https://doi.org/10.1080/00130095.2023.2200160

Kurzfassung/Abstract

Recent economic geography scholarship has emphasized (1) the performative work of market making (i.e., the geographies of marketization perspective) and (2) value-creation practices in markets (particularly the geographies of association and dissociation perspectives). In this article, we propose making stronger connections between these bodies of literature to gain a better understanding of how the performative constitution of markets and of brand and commodity value in markets are connected. More precisely, we argue that not only the b/ordering of the market and market outside (i.e., the world outside the market) but, equally, b/ordering processes within markets are essential components of performative market making and key to the contested attribution of value to commodities and brands. We flesh out this conceptual argument by empirically investigating the global wine market, which is characterized by high significance of brand building and of symbolic qualities—particularly geographic origin. In recent decades, the global wine market has been marked by a massive globalization process, strongly linked to the trading of wine in bulk form and outsourced bulk wine assembly for retailers’ private labels. Building on ethnographical research, we analyze the associative and dissociative b/ordering of the bulk wine market vis-à-vis the (premium) wine market, arguing that this performation struggle is key to the attribution of value to wine. Bearing in mind that we are witnessing an increasing aestheticization of consumer goods in the global economy, resulting in a dramatic rise in branding activities, contested b/ordering processes within markets, we argue, will grow in importance in the future.

Weitere Angaben

Publikationsform:Artikel
Schlagwörter:geographies of marketization; geographies of association and dissociation; value creation; wine industry; social studies of economization
Sprache des Eintrags:Englisch
Institutionen der Universität:Mathematisch-Geographische Fakultät > Geographie > Arbeitsgruppe Humangeographie
DOI / URN / ID:10.1080/00130095.2023.2200160
Open Access: Freie Zugänglichkeit des Volltexts?:Ja
Peer-Review-Journal:Ja
Verlag:Taylor & Francis Group
Die Zeitschrift ist nachgewiesen in:
Titel an der KU entstanden:Ja
KU.edoc-ID:32067
Eingestellt am: 17. Mai 2023 13:53
Letzte Änderung: 17. Nov 2023 12:48
URL zu dieser Anzeige: https://edoc.ku.de/id/eprint/32067/
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