The Racialization of Drug Fakery and Pharmaceutical Markets.

In this article, I show that fake drugs circulate widely in markets that chronically experience non-equilibrium. Moreover, those who manufacture, buy, and sell low priced drugs for African markets are negotiating chronic market volatility and downward pricing pressures that are transnational in scop...

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Publicado en:Journal of African Cultural Studies Vol. 33; no. 3; pp. 344 - 359
Autor principal: Peterson, Kristin
Formato: Artículo
Publicado: Taylor & Francis Ltd Sep2021
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Acceso en línea:Ver este registro en EBSCOhost
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      dt: Sep2021
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        10.1080/13696815.2021.1917343
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        atl: The Racialization of Drug Fakery and Pharmaceutical Markets.
      aug:
        au: Peterson, Kristin
        affil: Anthropology Department, University of California, Irvine, USA
      su:
        West Africa
        Nongovernmental organizations
        Racialization
        Drugs
        Market equilibrium
        Market volatility
      sug:
        subj:
          Nongovernmental organizations
          Racialization
          Drugs
          West Africa
          Pharmaceutical and medicine manufacturing
          Pharmaceuticals and pharmacy supplies merchant wholesalers
          Drugs and Druggists' Sundries Merchant Wholesalers
          Market equilibrium
          Market volatility
      keyword:
        fake drugs
        pharmaceutical capitalism
        Race
        fake drugs
        pharmaceutical capitalism
        Race
      ab: In this article, I show that fake drugs circulate widely in markets that chronically experience non-equilibrium. Moreover, those who manufacture, buy, and sell low priced drugs for African markets are negotiating chronic market volatility and downward pricing pressures that are transnational in scope. I argue that global policy experts; state, regional, and global regulation agencies and organizations; and international NGOs that have stakes in eradicating fake drugs falsely assume that pharmaceutical traders work within market equilibrium conditions. These assumptions are racialized because they hold actors and markets accountable to a market equilibrium and rational actor standard that are characterized by a European imagination that came into being at the height of trans-Atlantic slavery and capitalist formation. Yorùbá and Ìgbò non-equilibrium theories of the market, in contrast, have characterized markets as volatile and precarious since the 15th century arrival of the Portuguese to West Africa. The implications are that preconceived ideas of equilibrium de facto racialize those who have little opportunity in a deeply precarious system – they are labeled as "fraudsters" rather than seen as rational actors working under conditions of extreme market volatility.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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