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Ch. 12 Exchange & Consumption (Circulation of goods (Reciprocity…
Ch. 12 Exchange & Consumption
Gift Economies
No Fixed Price
return not given Immediately
create a Social Bond/Tie
Reciprocity is the glue of society
some gifts are
Total Social Phenomena
involve all kinds of Institutions
religious
judical
moral
economic
Circulation of goods
Reciprocity
dominant in Gift Economies
Redistribution
Centralized and hyerarchical
Market
Anonymous and Abstract (based on contractual relationships)
Money
makes all products Comparable
(on the Same Scale)
Different Scales
Economic Spheres of the Tiv
Subsistence
Prestige
Women and Children
introduction of General-purpose Money
made things on diff. spheres comparable
for the first time
Economy
integrated part of a Social and Cultural Totality