Thursday, June 18, 2026 | Muharram 2, 1448 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

In capitalism, everything has its price

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Books have a remarkable ability to challenge our assumptions and force us to examine the world from different perspectives. Active readers do not simply consume ideas; they question them, debate them, and connect them to their own observations of society. Recently, while reading The Sexual Economy of Capitalism by Noam Yuran, I found myself reflecting on a provocative question: Has capitalism reached a stage where everything—including love, relationships, dignity, and even human emotions—can be assigned a price?


Yuran's work explores how economic logic shapes intimate relationships between men and women. While love and marriage have always involved economic considerations to some degree, modern capitalist societies often encourage people to evaluate relationships using the language of markets: value, investment, return, status and exchange.


Dating applications, social media platforms, and consumer culture have increasingly turned personal relationships into forms of competition and branding. Individuals are encouraged to market themselves, measure their desirability, and seek the highest possible return in social and romantic interactions.


One of the most significant criticisms of capitalism concerns its impact on women. While capitalism has undoubtedly created opportunities for many women through education, employment, and entrepreneurship, critics argue that it has simultaneously created new forms of exploitation and domination. The issue is not merely economic inequality but the commercialisation of female identity itself.


The British sociologist Catherine Hakim introduced the concept of "erotic capital," arguing that attractiveness can function as a form of social and economic capital. While controversial, this idea reflects a reality in which appearance often influences opportunities in media, entertainment, marketing, and even professional environments.


Under capitalist systems, beauty itself becomes a marketable asset. Industries worth billions of dollars are built around convincing women that they must continuously purchase products and services to meet ever-changing standards of attractiveness.


The feminist philosopher Nancy Fraser has argued that capitalism often relies on forms of unpaid or underpaid care work traditionally performed by women. While economies celebrate productivity and profit, they frequently overlook the value of raising children, caring for elderly family members, and maintaining households.


These activities are essential for society's survival, yet they rarely receive the same recognition or financial reward as activities that generate direct profits.


Similarly, Silvia Federici, in her influential book Caliban and the Witch, argues that the development of capitalism historically depended upon controlling women's labour and limiting their economic independence. Her work suggests that women's unpaid contributions have long subsidised economic systems that prioritise profit over social well-being.


The commercialisation of the female body represents another area of concern. Advertising, entertainment, fashion, and digital media industries often use women's images to promote products ranging from cars to financial services.


In many cases, women are valued less for their intellect, character, or achievements and more for their ability to attract attention and stimulate consumption. Such practices may generate profits, but they also reinforce stereotypes and reduce human beings to market instruments.


The French economist Thomas Piketty, in his book Capital in the Twenty-First Century, demonstrated how wealth tends to concentrate in the hands of a small elite over time. This concentration of wealth affects women disproportionately in many societies, where wage gaps, unequal access to assets, and career interruptions related to family responsibilities continue to exist. While legal barriers have declined in many countries, economic disparities remain significant.


Another important contribution comes from The Second Sex by Simone de Beauvoir, a landmark work that explored how women have historically been treated as "the other" within social and economic structures. Although written decades ago, many of its observations remain relevant in contemporary discussions about power, gender and economic systems.


However, a balanced analysis requires acknowledging that capitalism is not solely responsible for gender inequality. Many forms of discrimination existed long before modern capitalism emerged. Cultural traditions, political systems, and social norms have all contributed to the unequal treatment of women.


Furthermore, capitalist economies have enabled millions of women to achieve financial independence, pursue higher education, and establish successful businesses. The challenge, therefore, is not simply capitalism itself but the extent to which market values are allowed to dominate all other values.


The philosopher Michael Sandel explores this concern in his book What Money Can't Buy: The Moral Limits of Markets. Sandel argues that some aspects of human life should remain outside the marketplace because assigning a price to everything risks corrupting values that money cannot adequately measure. Friendship, love, respect, dignity and human relationships lose something essential when viewed primarily through economic calculations.


Perhaps this is the central question of our time. Should every human activity be evaluated according to profit and loss? Should relationships be judged by financial status? Should human worth be determined by purchasing power? Capitalism has undoubtedly generated wealth and opportunity, but it has also encouraged a culture in which market logic increasingly influences areas of life that were once governed by moral, social and spiritual values.


As readers, citizens, and thinkers, perhaps we should continue asking difficult questions. If everything has a price, what happens to the things that are truly priceless?


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