Chapter 3 Flashcards
What does economics study?
Choices that maximize value.
What are the key components of economy?
Production, distribution and consumption.
What is economic anthropology?
A subfield of cultural anthropology that studies economic systems cross-culturally. Examines the relationship between human nature and making a living.
What are the economic systems?
Production, consumption and exchange.
What is a debate in economic anthropology? Who is the guy behind it?
Formalist vs. Substantialist. Karl Polanyi.
What are the three models for human nature?
Self interested model (individual satisfaction) institutional model (groups to gain material resources and power) and moral model (values guide economic activity).
What are the modes of production?
Foraging, Horticulture, pastoralism, agriculture and industrialism (information/digital).
What are the progressive and revisionist takes on agriculture?
Progressive: Agriculture was a great advancement, element of cultural evolution
Revisionist: Agriculture may have been the worst mistake in human history
What is consumption?
The dominant way in a culture of using up goods and services.
What are the two meanings of consumption?
A person’s intake in terms of eating or using things up and out put in terms of spending or using resources to obtain other things.
What are the two major modes of consumption?
Minimalism: characterized by few and finite consumer demands and adequate and sustainable means to achieve them. (ex. foraging)
Consumerism: people’s demands are many and infinite, means of satisfying them are never sufficient. (Industrial/Capitalist societies)
What are the consequences of consumption?
Ecological health, biodiversity, cultural diversity and social inequality.
What is a leveling mechanism? How is it maintained?
An important process in smaller scale societies that works to keep people equal through unwritten and culturally embedded rules that prevent an individual from becoming wealthier or more powerful than anyone else. It is maintained through social pressure and gossip.
What is forbidden consumption and who talked about it?
Food taboos, they can create group solidarity. Mary Douglas
What is entitlement in agriculture? What are the two types?
Socially defined rights to provide for and use necessary resources. Indirect and direct.