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Oceans of Finance and Commodification

Oceans of Finance and Commodification In this essay Khalili surveys the maritime as a space of commodification and of creation of new financial forms and instruments. Maritime transportation made possible the colonization of the Americas, Asia, and Africa and the enslavement and transoceanic commodification of millions of humans. Since then, not just what is transported upon the deep, but the sea itself has also been commodified. The seas’ geophysical contours, their seabeds, the species of flora and fauna that inhabit them, and even the ephemeral routes on their surfaces have been transformed into commodities, ripe for exchange, speculation, and juridification. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Comparative Studies of South Asia, Africa and the Middle East Duke University Press

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Copyright
Copyright © 2022 by Duke University Press
ISSN
1089-201X
eISSN
1548-226X
DOI
10.1215/1089201x-9698164
Publisher site
See Article on Publisher Site

Abstract

In this essay Khalili surveys the maritime as a space of commodification and of creation of new financial forms and instruments. Maritime transportation made possible the colonization of the Americas, Asia, and Africa and the enslavement and transoceanic commodification of millions of humans. Since then, not just what is transported upon the deep, but the sea itself has also been commodified. The seas’ geophysical contours, their seabeds, the species of flora and fauna that inhabit them, and even the ephemeral routes on their surfaces have been transformed into commodities, ripe for exchange, speculation, and juridification.

Journal

Comparative Studies of South Asia, Africa and the Middle EastDuke University Press

Published: May 1, 2022

References