The moral economy

The moral economy

Ryan Schram

Mills 169 (A26)

ryan.schram@sydney.edu.au

Wednesday, August 29, 2018

Available at: http://anthro.rschram.org/1002/5.2

Global capitalism is contradictory

The globalization of capitalism does not mean that once isolated societies become integrated into a single global system. We have already seen how gift systems adapt to their contact with global markets. Global capitalist firms and the global system as a whole also depends on the maintenance of this alternative as a means of reproducing labor it can exploit.

The morality of economic activity

One of the ways societies respond to market forces is by placing limits on individual choices

Market-driven societies also place some kind of moral limit on profit as well

Certain kinds of value remain embedded in social relationships while other kinds are able to be commodified, bought and sold. Is M-C-M' itself immoral?

Fordist surveillance and moral proletarian resistance

We can apply the same kind of thinking to the relationship of wage labor, which is based on exploitation. Workers often find ways to collectively resist the extraction of surplus value

Many of these and similar tactics were also used by workers in socialist firms so that they could subvert the control of managers.

A good work ethic

Of course, from another perspective, resisting control of labor or limiting market forces are bad for moral reasons:

Capitalist mass production is a culture. It has its own moral values which contrast with those found in gift-based societies.

Dichotomous thinking

An either-or distinction is a dichotomy.

An opposition between individual self-interest and the collective force of a social norm, like reciprocity, is one example of dichotomous classification.

Many societies see their own involvement in markets in terms of this dichotomy. Their ideology focuses on the dilemma - a choice between opposed ends - posed by trading: Do I earn for myself or give help to my neighbors and kin?

The informal economy

Women's work

The breakdown of the Fordist social contract

A middle-class informal economy

Conclusions

References

Hart, Keith. 1973. “Informal Income Opportunities and Urban Employment in Ghana.” The Journal of Modern African Studies 11 (1): 61–89. doi:10.2307/159873.

Hochschild, Arlie Russell, and Anne Machung. 1989. The Second Shift. New York: Penguin Books.

Kahn, Miriam. 1986. Always Hungry, Never Greedy: Food and the Expression of Gender in a Melanesian Society. Cambridge: Cambridge University Press.

Mazelis, Joan Maya. 2017. Surviving Poverty: Creating Sustainable Ties among the Poor. New York: New York University Press.

Prentice, Rebecca. 2015. “'Is We Own Factory:' Thiefing a Chance on the Shop Floor.” In Thiefing a Chance: Factory Work, Illicit Labor, and Neoliberal Subjectivities in Trinidad, 87–110. Boulder, Colo.: University Press of Colorado.

Sharp, Timothy L. M. 2016. “Trade’s Value: Relational Transactions in the Papua New Guinea Betel Nut Trade.” Oceania 86 (1): 75–91. doi:10.1002/ocea.5116.

Shehata, Samer S. 2009. Shop Floor Culture and Politics in Egypt. Albany, N.Y.: SUNY Press.

Shipton, Parker. 1989. Bitter Money: Cultural Economy and Some African Meanings of Forbidden Commodities. Washington, D.C.: American Anthropological Association.

Stack, Carol B. 2008 [1974]. All Our Kin: Strategies For Survival In A Black Community. New York: Basic Books.

Voltaire. 2006 [1759]. Candide, or Optimism. Project Gutenberg. http://www.gutenberg.org/files/19942/19942-h/19942-h.htm

A guide to the unit

 

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