And Now For Something Completely Different

If I was a book in a library, then I'd finally be free

Sometimes the w…

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Sometimes the word ‘exchange’ is substituted for ‘distribution’, but we insist on a distinction. Exchange is a universal principle of economic life but it takes many forms and not all flows of resources should be categorized as exchanges. The payment of tribute to a ruler may be said to bring you his protection in exchange, but this is a misleading representation of an unequal relationship, while welfare payments by a modern state are better seen as transfers financed by taxation—a new form of sharing.

From Chris Hann and Keith Hart’s “Economic Anthropology: history, ethnography, critique”.

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Written by Joe

January 15, 2013 at 12:29 pm

Posted in Uncategorized

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