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relationships within successive modes of
production, and unification occurred not
within individual minds but very much outside
in the world of people’s material lives and prac-
tices. Marx argued that history’s teleology was
marked by distinct stages of completion, with
capitalism, the epoch in which Marx lived,
merely the penultimate one. History’s ultimate
purpose, the negation of all negation, would
manifest in what necessarily came next, the
final stage, the end of history,communism.
Teleologicalargumentsarecriticizedonmany
grounds,including:theyarenotempiricallytest-
able and are thus unfalsifiable; they reverse the
temporal sequence of cause and effect (effects
determinecauses);causalmechanismsareeither
absent or not well specified; and they deny
human beings free will, confining them within
an iron cage of historical inevitability. Neverthe-
less, teleological arguments can be found in two
distinct bodies of work in modernhuman geog-
raphy. The first was in studies ofmoderniza-
tionin the 1960s that were (mis)informed by
Rostow’s (1960)stages of growthmodel to
depict – and predict – the inevitable spatialdif-
fusionofmodernization across the landscape of
adevelopingeconomy(Gould,1969b).Thesec-
ond was in the early writings of some Marxist
geographers who saw capitalism’scrisesas in-
evitableway-stationstowardstheendpointofits
final destruction and overthrow (Smith, 2008
[1984]). tb
terms of trade A name in economics for
the ratio between a price index of a country’s
exports and a price index of its imports.
Amongst advocates of export-led develop-
ment, ‘improving the terms of trade’ tradition-
ally meant increasing the ratio of profits from
exportsvis-a`-visthe costs of imports. As such,
it was part of the Washington consensus
amongst development economists that export
surpluses were better than import substitution
for developing countries. But now, in the con-
text of increasing dissensus over such axioms,
a second, more literal, meaning of ‘terms of
trade’ has come to the fore as critics ofneo-
liberalismhave sought to decode the ways in
which the terminology of recent global and
regionaltradeagreements obscures how they
entrench neo-liberal norms of government
across wide swathes of social, political and
even ecological as well as economic life (Peet,
Borne, Davis et al., 2003; McCarthy, 2004).
Terms-of-trade legalese such as TRIPs (which
in the world trade organization (wto)
stands for agreements on Trade Related
Intellectual Property) and TRIMs (Trade
Related Investment Measures) have thereby
been debunked as elements of a narrow neo-
liberal, free-market fundamentalist agenda
that sets constraints on democratic govern-
ance over everything from food safety to
developmentpolicy by giving private corpor-
ations quasi-constitutional rights to sue gov-
ernments (Sparke, 2005). ‘Because its terms
are so broad,’ argue two critics of the WTO’s
terms of trade, ‘the WTO has managed to
intervene in domestic policies all over the
planet’ (Wallach and Woodall, 2004, p. 2).
Countering this takeover, Wallach and
Woodall point out that the neo-liberal project
therefore involves repeatedly expanding what
were originally meant to be simple agreements
on free trade into neo-liberal legal rules gov-
erning practically everything. This terms-
of-trade overreach, they note, is ironically
marked in the terms themselves such that
‘you can identify which WTO agreements
have least connection to trade by which have
the ‘‘Trade Related’’ label slapped on them’
(ibid., p. 2). It remains a credit to the critical
wisdom of Marx and Engels that they foresaw
precisely this terms-of-trade takeover in the
Communist manifesto, when they described the
wholesale transformation of medieval life
through the free trade fetish of the capitalist
business class. ‘The bourgeoisie,’ they
thereby argued, ‘has drowned the most heav-
enly ecstasies of religious fervour, of chivalrous
enthusiasm, of philistine sentimentalism,
in the icy water of egotistical calculation.
It has resolved personal worth into exchange
value, and in place of the numberless
indefeasible chartered freedoms, has set up
that single, unconscionable freedom – Free
Trade’ (Marx and Engels, 2002 [1848]). ms
terra nullius A legal doctrine enshrined in
eighteenth-century Europeanlawthat legitim-
ized the annexation of ‘uninhabited lands’ by
settlement as an acknowledged means, alongside
conquest and secession, for the proper conduct of
colonization by ‘civilized’ nations. Such lands
were not literally uninhabited; rather, the colon-
izers cast their existing inhabitants as too
‘primitive’tomeritpoliticalrecognition(cf.primi-
tivism).Terra nulliuswas instrumental in the
European dispossession of indigenous peoples in
so-called settler colonies, such as Australia, which
has been the subject of politicalcolonialism;
struggle and legal redress ever since. (See also
colonialism; settler society.) sw
Suggested reading
Simpson (1993).
TERRA NULLIUS
Gregory / The Dictionary of Human Geography 9781405132879_4_T Final Proof page 743 31.3.2009 9:40pm Compositor Name: ARaju