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The Turbulent Circulation of Rent: Towards a Political Economy of Property and Ownership in Supply Chain Capitalism

Research output: Contribution to journalArticlepeer-review

Martín Arboleda, Thomas F. Purcell

Original languageEnglish
JournalAntipode
DOIs
Accepted/In press2021

Bibliographical note

Funding Information: A preliminary version of this article was presented at Duke University’s Institute for Critical Theory in February of 2021. The paper has also greatly benefitted by the thoughtful editorial work of Stefan Ouma, as well as by the comments and constructive criticism of three anonymous reviewers. Research for this paper has been funded by the Interdisciplinary Center for Intercultural and Indigenous Studies (CIIR), FONDAP Number 11140083, by the Millennium Science Initiative of the Ministry of Economy, Development, and Tourism, as well as by Chile’s National Agency for Research and Development, ANID (grant 11180099). 1 Publisher Copyright: © 2021 The Authors. Antipode © 2021 Antipode Foundation Ltd. Copyright: Copyright 2021 Elsevier B.V., All rights reserved.

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Abstract

Although recent years have seen an efflorescence of research on rent, the emphasis has tended to be placed in the antagonistic relations of distribution that underlie this category. The ways in which rent relations also mediate the expansion of global networks of production and trade, however, are yet to be deciphered. On the other hand, an emerging scholarly interest in questions of logistics and supply chain capitalism has lacked a systematic theorisation of how increasing functional integration in the world economy shapes—and is also shaped by—rent relations. To bridge this gap, this article explores the complex, convoluted relation between property and the social circulation of capital in and beyond land markets. With this, we place into focus the extent to which the logistics revolution has elevated the importance of property relations—and thereby of the rentier class—in the dynamics of accumulation and political conflict under late-stage capitalism.

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