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The Politics and Ethics of the Just Price - Ethnographies of Market Exchange (Hardcover)
Loot Price: R2,711
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The Politics and Ethics of the Just Price - Ethnographies of Market Exchange (Hardcover)
Series: Research in Economic Anthropology
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Prices permeate contemporary life. From the cost of basic
foodstuffs in developing countries to the pay of CEOs in rich ones,
the question of the politics and ethics of pricing everything
through the market dominates public life. At the same time, we know
that dilemmas about how to value fairly, but also efficiently,
goods and services have been with us for more than two thousand
years, since the times of Aristotle in Ancient Greece. Through the
course of the centuries, important thinkers like Thomas Aquinas,
Adam Smith and Karl Marx all devoted considerable effort to try to
understand how prices could reflect the intrinsic worth of the
objects workers produce and exchange with other people. This is the
question of the "just price." This volume represents the first
systematic attempt to address this ancient debate through the use
of qualitative empirical research, particularly ethnography. The
volume comprises a substantial introduction that sets out the terms
of the debate, proposing four different approaches to the just
price, plus eight case studies based on fieldwork carried out in
four different continents (Africa, Asia, Europe and Latin America),
ranging from topics such as fair trade, human rights and recycling,
to organic agriculture, the rose oil industry, rural and urban
marketplaces. Bringing together the most recent scholarship in
economic anthropology and associated fields to investigate the
social, political and ethical consequences of market prices on
ordinary people, this book is of interest to researchers in
anthropology, sociology, history and geography.
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