Recent, dramatic changes in local and global economies have profoundly affected the lives of millions and have demanded that students of economy rethink their analytical approaches. In The Anthropolog
Series: Ethical InvestigationsRepresenting a departure from traditional studies of social organisation, the book asserts that a kinship system is best understood as a system of concepts rather than as
Why are we obsessed with calculating our selections? The author argues that competitive trade nurtures calculative reason, which provides the ground for most discourses on economy. But market descript
Drawing upon their joint fieldwork, the authors cast this book as a conversation involving themselves, a Colombian rural people, and the writings of past economists. In their view, the material practices of the rural folk constitute a house model of the economy, and the Colombian voices provide a window on prior European fold conversations about the house. The house and the corporation have been the principal modes of material organization in Western life: the former is older, but the latter now predominates. The authors suggest, through use of the Colombian conversations, that textualists of the past transformed and inscribed similar folk voices for their emerging theories of the corporation and the market. They argue that economic knowledge is not simply the product of a scientific community but is often appropriated from folk practices. By situating the knowledge gained from fieldwork within their own traditions, and by using that knowledge to reflect upon the origins of contemporar
Comparative and critical, Anthropology and Economy offers a uniquely cross-cultural view of economy. Using examples from market and non-market situations, the book shows how economies are built on five increasingly abstract spheres, from the house to community, commerce, finance, and meta-finance. Across these spheres, economy incorporates a tension between self-interested rationality and the mutuality of social relationships. Even when rational processes predominate, as in markets, economies rely on sociability and ritual to operate, whether as cronyism, pleas to divinities or the magical persuasions of advertising. Drawing on data and concepts from anthropology and economics, the book addresses wealth inequality, resource depletion, and environmental devastation especially in capitalism, providing an understanding of their persistence and ideas for controlling them. Given the recent financial crash, Gudeman offers a different understanding of the crisis and suggestions for achieving
Comparative and critical, Anthropology and Economy offers a uniquely cross-cultural view of economy. Using examples from market and non-market situations, the book shows how economies are built on five increasingly abstract spheres, from the house to community, commerce, finance, and meta-finance. Across these spheres, economy incorporates a tension between self-interested rationality and the mutuality of social relationships. Even when rational processes predominate, as in markets, economies rely on sociability and ritual to operate, whether as cronyism, pleas to divinities or the magical persuasions of advertising. Drawing on data and concepts from anthropology and economics, the book addresses wealth inequality, resource depletion, and environmental devastation especially in capitalism, providing an understanding of their persistence and ideas for controlling them. Given the recent financial crash, Gudeman offers a different understanding of the crisis and suggestions for achieving