Institution
The Market
Explore in the Atlas →One of the three pillars of Taylor's modern moral order: the imagined and instituted order of self-regulating exchange among free, formally equal participants pursuing mutual benefit. As an instituted imaginary it is naturalised as if it were a fact of nature, though it is a social construction sustained by law and convention. Its architecture runs from the agora and the medieval market square to the trading floor, the shopping mall and the logistics warehouse.
Exchange Production Collectivity
Details
- Origin
- multiple
- Register
- Instituted
Classifications
- Holder
- Communal intergenerational
- Source of authority
- Reason
- Subject
- Human centred
- Political position
- Hegemonic
- Degree of codification
- Highly codified
- Mode of transmission
- Text drawing
- Knowledge type
- Propositional
- Epistemic cluster
- Western philosophical
Referenced by
- The Modern Moral Order institutes
Sources
- n.d..
- n.d..
Cite this entry
First published May 2026Last revised Jul 2026
CLAD. "The Market." Atlas of Architectural Thought. CLAD, 2026. https://www.cl-ad.com.au/research/atlas/institution/the-market/. Accessed July 17, 2026.