What question did this study set out to answer?

To analyze the injustice of value conversion in transactions and propose a new criterion for understanding it.

July 23, 2026Open Access

Conversion Injustice: A Generative Relational Account of Value Conversion

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Explores value conversion injustice, proposing closure as the key criterion for evaluating transactions.

To analyze the injustice of value conversion in transactions and propose a new criterion for understanding it.
Critically examines the act of crossing categories in transactions.
Distinguishes between procedural and structural closure in value conversions.
Identifies key questions for further exploration of value conversion.
Closure is proposed as the criterion for justice in conversions, rather than alienation.
Two forms of closure are defined: procedural and structural, affecting the possibility of reopening equivalences.
Stability tends to favor closed rates, raising potential for conflict but not for legitimacy.

Wanhong HUANG (2026) studied this question.

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