Networks of speculation: Making land markets on Myanmar Facebook

Research output: Contribution to journalJournal articleResearchpeer-review

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Networks of speculation : Making land markets on Myanmar Facebook. / Wittekind, Courtney T.; Faxon, Hilary Oliva.

In: Antipode, 26.10.2022.

Research output: Contribution to journalJournal articleResearchpeer-review

Harvard

Wittekind, CT & Faxon, HO 2022, 'Networks of speculation: Making land markets on Myanmar Facebook', Antipode. https://doi.org/10.1111/anti.12896

APA

Wittekind, C. T., & Faxon, H. O. (2022). Networks of speculation: Making land markets on Myanmar Facebook. Antipode. https://doi.org/10.1111/anti.12896

Vancouver

Wittekind CT, Faxon HO. Networks of speculation: Making land markets on Myanmar Facebook. Antipode. 2022 Oct 26. https://doi.org/10.1111/anti.12896

Author

Wittekind, Courtney T. ; Faxon, Hilary Oliva. / Networks of speculation : Making land markets on Myanmar Facebook. In: Antipode. 2022.

Bibtex

@article{8b787d872d92419690a52ab3c17685b7,
title = "Networks of speculation: Making land markets on Myanmar Facebook",
abstract = "Digital platforms have changed how property is sold and valued in the Global North, yet little is known about digital tools in emerging land markets. Drawing on in situ and digital ethnography, we argue that Facebook plays a key role in making a new kind of market in Myanmar, one in which land is transformed into a speculative asset, exchanged across ever-expanding networks. While commodification is familiar within longer histories of capitalism, this case highlights the significance of digital platforms to the contemporary remaking of property relations. Unlike classic cases of market-making enabled by active state regulation, Myanmar's digital land markets were forged in the context of state absence by brokers who harnessed the technological affordances of social media to increase the scale, scope and speed of transactions. This creative re-appropriation of the platform forged new, unregulated digital markets that ultimately accumulated corporate profits and intensified participant risk.",
keywords = "digital, technology, property, commodification, platform capitalism, Myanmar, FINANCIALIZATION, PROPERTY, RESOURCE, ECONOMY",
author = "Wittekind, {Courtney T.} and Faxon, {Hilary Oliva}",
year = "2022",
month = oct,
day = "26",
doi = "10.1111/anti.12896",
language = "English",
journal = "Antipode",
issn = "0066-4812",
publisher = "Wiley-Blackwell",

}

RIS

TY - JOUR

T1 - Networks of speculation

T2 - Making land markets on Myanmar Facebook

AU - Wittekind, Courtney T.

AU - Faxon, Hilary Oliva

PY - 2022/10/26

Y1 - 2022/10/26

N2 - Digital platforms have changed how property is sold and valued in the Global North, yet little is known about digital tools in emerging land markets. Drawing on in situ and digital ethnography, we argue that Facebook plays a key role in making a new kind of market in Myanmar, one in which land is transformed into a speculative asset, exchanged across ever-expanding networks. While commodification is familiar within longer histories of capitalism, this case highlights the significance of digital platforms to the contemporary remaking of property relations. Unlike classic cases of market-making enabled by active state regulation, Myanmar's digital land markets were forged in the context of state absence by brokers who harnessed the technological affordances of social media to increase the scale, scope and speed of transactions. This creative re-appropriation of the platform forged new, unregulated digital markets that ultimately accumulated corporate profits and intensified participant risk.

AB - Digital platforms have changed how property is sold and valued in the Global North, yet little is known about digital tools in emerging land markets. Drawing on in situ and digital ethnography, we argue that Facebook plays a key role in making a new kind of market in Myanmar, one in which land is transformed into a speculative asset, exchanged across ever-expanding networks. While commodification is familiar within longer histories of capitalism, this case highlights the significance of digital platforms to the contemporary remaking of property relations. Unlike classic cases of market-making enabled by active state regulation, Myanmar's digital land markets were forged in the context of state absence by brokers who harnessed the technological affordances of social media to increase the scale, scope and speed of transactions. This creative re-appropriation of the platform forged new, unregulated digital markets that ultimately accumulated corporate profits and intensified participant risk.

KW - digital

KW - technology

KW - property

KW - commodification

KW - platform capitalism

KW - Myanmar

KW - FINANCIALIZATION

KW - PROPERTY

KW - RESOURCE

KW - ECONOMY

U2 - 10.1111/anti.12896

DO - 10.1111/anti.12896

M3 - Journal article

JO - Antipode

JF - Antipode

SN - 0066-4812

ER -

ID: 324372127