Quality and inequality: Taste, value, and power in the third wave coffee market

Edward F. Fischer

No 17/4, MPIfG Discussion Paper from Max Planck Institute for the Study of Societies

Abstract: Based on a case study of the burgeoning high-end ("Third Wave") coffee market in the United States, this discussion paper examines value creation and capital accumulation in an age of neoliberal globalization. Drawing on sociological and economic theories of value, as well as perspectives on world systems and late capitalist accumulation, this paper proposes a framework in which the importance Marx ascribed to control over the material means of production has become eclipsed by control over the means of symbolic production in extracting surplus value through global trade. It shows how roasters, baristas, and marketers have created a new lexicon of quality for coffee, one tied to narratives of provenance and exclusivity that creates much of the value added in the coffee trade. This disadvantages smallholding coffee farmers who are heavily invested in land and the material means of production but lack the social and cultural capital to benefit from the surplus value created through symbolic production. It also perpetuates classic dependency patterns of global capital accumulation.

Keywords: coffee; Guatemala; values; inequality; means of production; Kaffee; Guatemala; Werte; Ungleicheit; Produktionsmittel (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-his and nep-pke
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:mpifgd:174

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