An Economic Sociological Look at Economic Anthropology
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Gifts and Commodities (Second Edition)
GIFTS AND COMMODITIES Hau BOOKS Executive Editor Giovanni da Col Managing Editor Sean M. Dowdy Editorial Board Anne-Christine Taylor Carlos Fausto Danilyn Rutherford Ilana Gershon Jason Throop Joel Robbins Jonathan Parry Michael Lempert Stephan Palmié www.haubooks.com GIFTS AND COMMODITIES (SECOND EditIon) C. A. Gregory Foreword by Marilyn Strathern New Preface by the Author Hau Books Chicago © 2015 by C. A. Gregory and Hau Books. First Edition © 1982 Academic Press, London. All rights reserved. Cover and layout design: Sheehan Moore Typesetting: Prepress Plus (www.prepressplus.in) ISBN: 978-0-9905050-1-3 LCCN: 2014953483 Hau Books Chicago Distribution Center 11030 S. Langley Chicago, IL 60628 www.haubooks.com Hau Books is marketed and distributed by The University of Chicago Press. www.press.uchicago.edu Printed in the United States of America on acid-free paper. For Judy, Polly, and Melanie. Contents Foreword by Marilyn Strathern xi Preface to the first edition xv Preface to the second edition xix Acknowledgments liii Introduction lv PART ONE: CONCEPTS I. THE COmpETING THEOriES 3 Political economy 3 The theory of commodities 3 The theory of gifts 9 Economics 19 The theory of modern goods 19 The theory of traditional goods 22 II. A framEWORK OF ANALYSIS 25 The general relation of production to consumption, distribution, and exchange 26 Marx and Lévi-Strauss on reproduction 26 A simple illustrative example 30 The definition of particular economies 32 viii GIFTS AND COMMODITIES III.FTS GI AND COMMODITIES: CIRCULATION 39 The direct exchange of things 40 The social status of transactors 40 The social status of objects 41 The spatial aspect of exchange 44 The temporal dimension of exchange 46 Value and rank 46 The motivation of transactors 50 The circulation of things 55 Velocity of circulation 55 Roads of gift-debt 57 Production and destruction 59 The circulation of people 62 Work-commodities 62 Work-gifts 62 Women-gifts 63 Classificatory kinship terms and prices 68 Circulation and distribution 69 IV. -
Sociology As Self-Transformation
SOCIOLOGY AS BOURDIEU'SSELF-TRANSFORMATION CLASS THEORY The Appeal &The Limitations Academic of as the Revolutionary Work of Pierre Bourdieu DYLAN RILEY ierre Bourdieu was a universal intellectual whose work ranges from P highly abstract, quasi-philosophical explorations to survey research, and whose enormous contemporary influence is only comparable to that previously enjoyed by Sartre or Foucault. Born in 1930 in a small provincial town in southwestern France where his father was the local postman, he made his way to the pinnacle of the French academic establishment, the École Normale Supérieur ( ENS), receiving the agrégation in philosophy in 1955. Unlike many other normaliens of his generation, Bourdieu did not join the Communist Party, although his close collaborator Jean-Claude Passeron did form part of a heterodox communist cell organized by Michel Foucault, and Bourdieu was clearly influenced by Althusserian Marxism in this period.1 Following his agrégation, Bourdieu’s original plan was to produce a thesis under the direction of the eminent philosopher of science and historical epistemologist Georges Canguilhem. But his philosophical career was interrupted by the draf. The young scholar was sent to Algeria, evidently as 1 David Swartz, Culture and Power: The Sociology of Pierre Bourdieu (Chicago: University of Chicago Press, 1997), 20. Catalyst SUMMER 2017 punishment for his anticolonial politics,2 where he performed military service for a year and subsequently decided to stay on as a lecturer in the Faculty of Letters at Algiers.3 Bourdieu’s Algerian experience was decisive for his later intellectual formation; here he turned away from epistemology and toward fieldwork, producing two masterful ethnographic studies: Sociologie de l’Algérie and Esquisse d’une théorie de la pratique. -
Cultural Capital in the Economic Field: a Study of Relationships in an Art Market
Philosophy of Management DOI 10.1007/s40926-017-0061-2 Cultural Capital in the Economic Field: A Study of Relationships in an Art Market Lars Vigerland1 & Erik A. Borg1 # The Author(s) 2017. This article is an open access publication Abstract In this study of an economic field and its relationships to a cultural field, we apply Pierre Bourdieu’s central concepts of economic capital, cultural capital, symbolic capital and field, and thus follow in a tradition that at the outset was considered to be post-structuralism, but which by Bourdieu later has been brought into the realm of realism. We have mapped relationships between the actors and thus the field structures that these relationships entail. The fields in which a segment of an art world is operating is represented in multi-dimensional figures which illustrate relationships and bonds between the different categories of organiza- tions. Some of the business actors we have studied are engaging in cultural activities with a great deal of autonomy, others are connected to the cultural field in less active ways. In participating in the cultural field they are in different ways and to different extents accumu- lating symbolic capital including prestige and honor. The method we have applied is multiple correspondence analysis which was frequently used by Bourdieu. Keywords Bourdieu . Correspondence analysis . Cultural capital . Economic capital . Field . Multiple correspondence analysis . Symbolic capital Introduction The main purpose of this article is to analyze a business field and its interaction and relationships to actors in an art market and to art, thus an art field. We have studied the market for art in the Stockholm region. -
Whatever Happened to Economic Anthropology?1
The Australian Journal of Anthropology (2009) 20, 285–300 doi:10.1111/j.1757-6547.2009.00037.x Whatever happened to economic anthropology?1 Chris Gregory Archaeology and Anthropology, Faculty of Arts, Australian National University In the 1970s, economic anthropology, along with kinship and ecological anthropology, was regarded as a core discipline in the teaching of anthropology. The centrality of all these subjects was reflected in the debates of the time. For economic anthropology, understanding the articulation of modes of production was the problem; the holy trinity—tribe, peasant, capitalist—provided the key terms of the debate. These terms, and this problem, are history. The discipline of anthropology has been de-cored over the past 30 years: economic anthro- pology, kinship and ecological anthropology are not even on the agenda in many universities today (ANU included). This presents us with a paradox because these academic trends are in inverse proportion to the importance of contemporary developments in the economy, the family and ecology as global problems facing humanity. This paradox must be addressed not by arguing for a rehabilitation of the core subjects of the 1970s—those days are long gone— but by taking a critical look at the implicit theories of value that inform anthropological thinking about the economy, the family and ecology today. I shall argue that, along with neoliberalism, ‘agency’ has been the key term of the new paradigm that emerged in the 1970s, that this paradigm is about to become history and that new ways of thinking about the economy will have to emerge as we all become victims of the ‘financialisation’ of Europe, the industrialisation of Asia and the desiccation of Australia. -
Notes on the Ontology of Design
Notes on the Ontology of Design Arturo Escobar University of North Carolina, Chapel Hill Contents 1. Introduction ………………………………………………………. ……….. 2 2. Part I. Design for the Real World: But which world? what design? what real? ………………………….. …. 4 3. Part II. In the background of our culture: The rationalistic tradition and the problem of ontological dualism……… 16 4. Part III. Outline of ontological and autonomous design ……………….. 34 5. Part IV. The politics of relationality. Designs for the pluriverse ………. 57 6. Some provisional concluding remarks ………………………………….. 74 7. References ………………………………………………………………….. 78 Note to readers: This ‘paper’ ended up being actually the draft of a short book; the book is likely to have one more chapter, dealing with globalization, development, and environment issues; it is also likely to have examples, and to be written in a less academic manner, or so I hope. I’ve had several tentative titles over the past few years, the most recent one being The Ecological Crisis and the Question of Civilizational Transitions: Designs for the Pluriverse. I’ve been reading, and working with, most of this material for a long time, but some of it is new (to me); this is particularly true for Part I on design. I suspect the text is quite uneven as a result. Part IV is largely cut-and-paste from several texts in English and Spanish, particularly the long preface to the 2nd ed. of Encountering Development. This part will need additional re/writing besides editing and reorganizing. The references are somewhat incomplete; there are a few key design references of which I have been made aware very recently that are not, or not significantly, included (e.g., on participatory design, postcolonial computing, and human-computer interaction). -
Redalyc.Political Ecology of Globality and Diference
Gestión y Ambiente ISSN: 0124-177X [email protected] Universidad Nacional de Colombia Colombia Escobar, Arturo Political Ecology of Globality and Diference Gestión y Ambiente, vol. 9, núm. 3, diciembre, 2006, pp. 29-44 Universidad Nacional de Colombia Medellín, Colombia Available in: http://www.redalyc.org/articulo.oa?id=169421027009 How to cite Complete issue Scientific Information System More information about this article Network of Scientific Journals from Latin America, the Caribbean, Spain and Portugal Journal's homepage in redalyc.org Non-profit academic project, developed under the open access initiative Reflexión Political Ecology of Globality and Diference Recibido para evaluación: 27 de Octubre de 2006 Arturo Escobar 1 Aceptación: 13 de Diciembre de 2006 Recibido versión final: 20 de Diciembre de 2006 Artículo de reflexión, introducción al libro “Regions and Places in the Age of Globality: Social Movements and Biodiversity Conservation in the Colombian Pacific”, próximo a ser publicado, y resultado de un proceso de investigación sobre geopolítica del conocimiento. RESUMEN Este artículo es la introducción a un libro que está en imprenta. El versa sobre la dinámica de la globalidad imperial y su régimen global de colonialidad como una de las carracterísticas más sobresalientes del sistema mundo colonial moderno a comienzos del siglo XXI. También es, en un sentido literal, geopolítica del conocimiento. Presta de Joan Martínez Allier su definición de “ecología política” como el estudio de los conflictos ecológicodistributivos. Argumenta que una globalidad eurocéntrica tiene una contraparte obligatoria en el acto sistemático de “encubrimiento del otro”. Un tipo de “colonialidad global”.Usa seis conceptos clave para comprender el argumento: lugar, capital, naturaleza, desarrollo, e identidad. -
For the Social History of the Present: Pierre Bourdieu As Historical Sociologist
Craig Calhoun For the social history of the present: Pierre Bourdieu as historical sociologist Book section Original citation: Originally published in Calhoun, Craig (2013) For the social history of the present: Pierre Bourdieu as historical sociologist. In: Gorski, Philip S. , (ed.) Bourdieu and Historical Analysis. Politics, history, and culture. Duke University Press, Durham, USA, pp. 36-67. ISBN 9780822352730 © 2013 Duke University Press This version available at: http://eprints.lse.ac.uk/48489/ Available in LSE Research Online: January 2016 LSE has developed LSE Research Online so that users may access research output of the School. Copyright © and Moral Rights for the papers on this site are retained by the individual authors and/or other copyright owners. Users may download and/or print one copy of any article(s) in LSE Research Online to facilitate their private study or for non-commercial research. You may not engage in further distribution of the material or use it for any profit-making activities or any commercial gain. You may freely distribute the URL (http://eprints.lse.ac.uk) of the LSE Research Online website. This document is the author’s submitted version of the book section. There may be differences between this version and the published version. You are advised to consult the publisher’s version if you wish to cite from it. Forthoming in Philip Gorski, ed.: Bourdieu, Theory and Historical Sociology (Duke 2012) For the Social History of the Present : Bourdieu as Historical Sociologist Craig Calhoun It is typical to approach the work of Pierre Bourdieu through the analytic concepts he made influential: habitus, symbolic violence, field, capital, practice and so forth. -
Noiva Do Cordeiro Community: Contributions from Elements of a System Based on Substantive Economy
Comunidade Noiva do Cordeiro: contribuições por meio de elementos de um sistema baseado em uma economia substantiva Luiz Paulo Rigueira de Morais ¹ Wescley Silva Xavier ¹ Daniel Calbino Pinheiro ² ¹ Universidade Federal de Viçosa (UFV), Viçosa – MG, Brasil ² Universidade Federal de São João del-Rei (UFSJ), São João del-Rei – MG, Brasil Resumo Este estudo investigou como ocorreram a formação e a interação de um sistema econômico alternativo na comunidade Noiva do Cordeiro-MG com as dinâmicas da Economia Mercantil. Para atingir este objetivo, realizou-se uma investigação qualitativa valendo-se de uma etnográfica desenvolvida na comunidade rural. Baseado nas teorias da sociologia econômica de Marcel Mauss e de Karl Polanyi, este trabalho sinaliza que os aspectos da dádiva e da reciprocidade nas relações produtivas foram fundamentais para a reprodução de uma forte lógica solidária. Mediante princípios, estruturas e instituições muito próprios, em que o dinheiro tem uma importância bem limitada, os achados apontam que a comunidade desenvolveu um sistema diferenciado reproduzindo múltiplas lógicas econômicas, a despeito da tensão resultante de uma economia de mercado. Palavras-chave: Economia Solidária. Sociologia Econômica. Etnografia. Comunidade Noiva do Cordeiro. Noiva do Cordeiro community: contributions from elements of a system based on substantive economy Abstract This study investigated the formation and interaction of an alternative economic system in the Noiva do Cordeiro-MG community with the dynamics of the mercantile economy. Qualitative research was conducted from an ethnography study developed with the rural community. Based on the theories of economic sociology by Marcel Mauss and Karl Polanyi, this paper points out that the aspects of giving and reciprocity in productive relationships were central to reproducing a strong solidarity logic. -
A General Theory of Economic Flow, Social Exchange, and Hegemonic Relationship
W&M ScholarWorks Dissertations, Theses, and Masters Projects Theses, Dissertations, & Master Projects 1992 A General Theory of Economic Flow, Social Exchange, and Hegemonic Relationship Donn Robert Grenda College of William & Mary - Arts & Sciences Follow this and additional works at: https://scholarworks.wm.edu/etd Part of the Economic Theory Commons, and the Social and Cultural Anthropology Commons Recommended Citation Grenda, Donn Robert, "A General Theory of Economic Flow, Social Exchange, and Hegemonic Relationship" (1992). Dissertations, Theses, and Masters Projects. Paper 1539625722. https://dx.doi.org/doi:10.21220/s2-kwnn-9j14 This Thesis is brought to you for free and open access by the Theses, Dissertations, & Master Projects at W&M ScholarWorks. It has been accepted for inclusion in Dissertations, Theses, and Masters Projects by an authorized administrator of W&M ScholarWorks. For more information, please contact [email protected]. A General Theory of Economic Flow, Social Exchange, and Hegemonic Relationships A Thesis Presented to The Faculty of the Department of Anthropology The College of William and Mary in Virginia In Partial Fulfillment Of the Requirements for the Degree of Master of Arts by Donn R. Grenda 1992 This thesis is submitted in partial fulfillment of the requirements for the degree of Master of Arts Author Approved, April 1992 f Norman Barka Theodore Reinhart ii TABLE OF CONTENTS Page ACKNOWLEDGMENTS i v LIST OF TABLES..................... .................... v LIST OF FIGURES......................................... vi ABSTRACT............... vii INTRODUCTION............................................ 2 CHAPTER I. AN EXAMINATION OF THE FIELD AND ITS FOUNDERS............................................ 7 CHAPTER II. THE DEVELOPMENT OF A GENERALTHEORY.... 52 CHAPTER III. A GENERAL THEORY OF ECONOMIC FLOW, SOCIAL EXCHANGE, AND HEGEMONIC RELATIONSHIPS...... -
The Impact of Social Capital on Economic and Social Outcomes C 2008 I.˙ S
The Impact of Social Capital on Economic and Social Outcomes c 2008 I.˙ S. Ak¸comak All rights reserved. Cover artwork by I.Semih˙ Ak¸comak Prepared with LATEX Published by Universitaire Pers Maastricht ISBN 978 90 5278 799 2 Printed in the Netherlands by Datawyse Maastricht The Impact of Social Capital on Economic and Social Outcomes Proefschrift ter verkrijging van de graad van doctor aan de Universiteit Maastricht, op gezag van de Rector Magnificus, Prof. Mr. G.P.M.F. Mols, volgens het besluit van het College van Decanen, in het openbaar te verdedigen op donderdag 12 februari 2009 om 14.00 uur door Ibrahim˙ Semih Ak¸comak UMP UNIVERSITAIRE PERS MAASTRICHT Promotor: Prof. Dr. P. Mohnen Co-promotor: Dr. B.J. ter Weel, Centraal Planbureau en Universiteit Maastricht Beoordelingscommissie: Prof. Dr. L. Borghans, voorzitter Prof. Dr. J.H. Garretsen, Rijksuniversiteit Groningen Prof. Dr. H.L.F. de Groot, Vrije Universiteit Amsterdam Prof. Dr. L.L.G. Soete Prof. Dr. B. Verspagen This research is financed by Maastricht Research School of Economics of Technology and Organizations (METEOR) Contents 1 Introduction 1 1.1 From informal societies to social capital . 2 1.2 Main argument . 6 1.3 Outline of the thesis . 11 2 Bridges in social capital: A review of the literature and the social capital of social capital researchers 15 2.1 Introduction . 15 2.2 Origins of social capital . 18 2.3 Social capital . 20 2.3.1 Defining social capital . 21 2.3.2 Is social capital a form of “capital”? . 28 2.3.3 “Adverse” social capital . -
The Failure of Substahtivist Social Theory I 3^ a Critical
3^ I THE FAILURE OF SUBSTAHTIVIST SOCIAL THEORY A CRITICAL REASSESSMENT OF KARL POLANYI Ellen Antler, B.A. University of Chicago, 196? A Thesis Submitted in Partial Fulfillment of the Requirements for the Degree of K&ster of Arts at The University of Connecticut 1971 APPROVAL PAGE Master of Arts Thesis THE FAILURE OF SUBSTAIJTIVIST SOCIAL THEORY: A CRITICAL REASSESSMENT OF KARL POLANYI Presented by Ellen Antler, B.A. Major Adviser /'i—- Associate Adviser Associate Adviser a c,£-,,v< The University of Connecticut 1971 ii ACKNOWLEDGMENTS I wish to thanlc Dr* Janes Chester Faris, Daryl Clark White and the Wilbur Cross Library. iii TABLE OF CONTENTS INTRODUCTION ..................................................... 1 PART I. Chapter I. THE RATIONALE FOR POLANYI*S MORALIST, HUMANITARIAN UNDERTAKING: BERATING THE SCOURGE OF INDUSTRIALIZATION .... 8 II. THE CONTENT OF THE NSW ECONOMICS: BOTH HISTORY MID THEORY REVEAL THE MARKET TO BE UNIQUE AND PERNICIOUS ..... 11 III. THE STRATEGY OF THE NEW ECONOMICS I ........................ 16 IV. THE STRATEGY OF THE NEW ECONOMICS II ...................... 21 V. THE STRATEGY OF THE NEW ECONOMICS III ..................... 25 VI. THE NEW ECONOMICS BECOMES A NEW SOCIAL THEORY ............. 30 VII. EVALUATION OF POLANYITS SOCIAL THEORY .................... 1,0 PART II. I. THE SEARCH FOR THE NON-MARKET STATE OF NATURE WITH POLANYI »S OWN TOOLS OF ANALYSIS ................... .......46 II. THE NON-MARKET STATE OF NATURE ...................... 50 III. SUMMARY AND CONCLUSIONS .....................................77 -
The Valuation of Liabilities, Economic Capital, and RAROC in a Dynamic Model ∗
The Valuation of Liabilities, Economic Capital, and RAROC in a Dynamic Model ∗ Daniel Bauery Department of Risk and Insurance. University of Wisconsin-Madison 975 University Avenue. Madison, WI 53706. USA George Zanjani Department of Economics, Finance, and Legal Studies. University of Alabama 361 Stadium Drive. Tuscaloosa, AL 35487. USA February 2019 Abstract We revisit the foundations of economic capital and RAROC calculations prevalent in the insurance industry by extending the canonical static setting to a dynamic model with differ- ent ways of raising capital. The dynamic results suggest two important modifications to the conventional approach to risk measurement and capital allocation. First, “capital” should be defined broadly to include the continuation value of the firm. Second, cash flow valuations must reflect risk adjustments to account for company effective risk aversion. We illustrate these results in a calibrated version of our model using data from a catastrophe reinsurer. We find that the dynamic modifications are practically significant—although static approximations with a properly calibrated company risk aversion are quite accurate. JEL classification: G22; G32; C63 Keywords: risk management; economic capital; catastrophe reinsurance; RAROC ∗We gratefully acknowledge funding from the Casualty Actuarial Society (CAS) under the project “Allocation of Costs of Holding Capital,” and an anonymous reinsurance company for supplying the data. An earlier version of this paper was awarded the 2015 Hachemeister Prize. We are grateful