Economic Systems of Distribution and Cultural Change
From: Culture and Agriculture by E. L. Schusky, 1989

Adam Smith

Economics in Simple Societies


Reciprocity as the Basis of Early Economic Systems

Reciprocity

Kerekere in Moala

Redistribution and the Beginnings of Inequity

Redistribution

Redistribution
In Mesopotamia, police ensured that farmers contributed
Impersonality of city life ends feelings of obligation of Chief to people or vice versa
Otomi Indians in Mexico have family sponsored Fiestas

The Market as a Principle of Exchange

The Market

Price

Free Market



Europe in 1400

Why NW Europe Became Dominant


Wallerstein’s Core

Europe

Periphereral Areas


Core Controlled Markets
Core evolved power because of its control of markets and finance
Markets and finance were not competitive, but were monopolies
Political Hierarchies
By the 18th century


Colonialism 1700-1763

Industrial Revolution



 

The Consequences of a Worldwide Market

Western Wealth
Is Western wealth the result of ingenuity or due to exploitation of the periphery?

Modernization  Theory
Modernization theory: poor nations copy what rich nations have done
Modernization requires

Difficulties with Modernization Multinational Corporations
Protest against the World Trade Organization (from the WTO website)

Why do Poor get Poorer?

Dependency Theory


The Extremes of Inequity in the World Market

Surplus and Shortages


Hunger: Moral Issue

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