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Money and the Morality of Exchange (Hardcover, New)
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Money and the Morality of Exchange (Hardcover, New)
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This volume deals with the way in which money is symbolically
represented in a range of different cultures, from South and
South-east Asia, Africa and South America. It is also concerned
with the moral evaluation of monetary and commercial exchanges as
against exchanges of other kinds. The essays cast radical doubt on
many Western assumptions about money: that it is the acid which
corrodes community, depersonalises human relationships, and reduces
differences of quality to those of mere quantity; that it is the
instrument of man's freedom, and so on. Rather than supporting the
proposition that money produces easily specifiable changes in world
view, the emphasis here is on the way in which existing world views
and economic systems give rise to particular ways of representing
money. But this highly relativistic conclusion is qualified once we
shift the focus from money to the system of exchange as a whole.
One rather general pattern that then begins to emerge is of two
separate but related transactional orders, the majority of systems
making some ideological space for relatively impersonal,
competitive and individual acquisitive activity. This implies that
even in a non-monetary economy these features are likely to exist
within a certain sphere of activity, and that it is therefore
misleading to attribute them to money. By so doing, a contrast
within cultures is turned into a contrast between cultures, thereby
reinforcing the notion that money itself has the power to transform
the nature of social relationships.
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