مجلة الدراسات التنموية وريادة الأعمال
Volume 3, Numéro 2, Pages 29-45
2025-12-07
Economic Systems Beyond Capital And State: Towards A Transvisible Theory Of Value And Circulation
Authors : P Moleka .
Abstract
The dominant global economic frameworks—state-based capitalism, neoliberal markets, and formalist institutionalism—fail to account for the vast and structurally decisive realm of invisible economic systems. These include informal networks, ritual economies, sacred transactions, and symbolic exchanges, which persist and structure economic life in contexts of crisis, marginality, or spiritual governance. This article proposes a "transvisible theory of value," one that integrates visible (formal), invisible (sacred, symbolic), and informal (pragmatic) economies into a single systemic logic of human circulation. Drawing on economic anthropology, complexity theory, African ontologies, and theology of value, this article builds a new economic grammar capable of capturing the pluralistic reality of value beyond commodification. A cartography of transvisible economies is proposed, with implications for post-collapse societies, development strategies, and global policy frameworks.
Keywords
invisible economies, value theory, ritual exchange, sacred economy, complexity, transvisible systems, informal networks
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