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The limits to financialization
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Land as capital and commodity

With the aim of helping to revivify a stalled geographical literature on the place of land in capitalist political economies, this article presents a critique of the popular idea that land can be usefully conceptualized as a ‘fictitious’ form of capital or commodity. The critique is based primarily on a close and critical consideration of the grounds on which the identifiers and theorists of such fictitiousness – Marx/Harvey in the case of capital, Polanyi in the case of the commodity – distinguished it from ‘real’ variants. Those grounds, the article argues, are tenuous.


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