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Diamond Stories - Enduring Change on 47th Street (Paperback)
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Diamond Stories - Enduring Change on 47th Street (Paperback)
Series: The Anthropology of Contemporary Issues
Expected to ship within 10 - 15 working days
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Sequestered within the heart of a cosmopolitan city is an exotic
world-a place where diamonds, astronomically priced, are bought and
sold on the strength of a handshake, and business disputes are
resolved according to ancient Jewish principles of arbitration. Yet
it is also a modern industry facing the same fundamental global
changes affecting all businesses today.In Diamond Stories, Renee
Rose Shield leads us into the unexamined realm of wholesale diamond
traders in New York. Related to several well-respected traders, she
had unprecedented access to a society normally closed to outside
inquiry. Here she deftly blends her personal relationship and her
anthropological training to provide an insightful exploration of
this tradition-bound industry, the new challenges it faces, and the
ways both industry and individuals adapt to and endure
change.Shield begins with a fascinating history of diamond mining,
combining the story of the De Beers cartel, the role of Jews in the
trade, and the part diamonds have played both in war and
liberation. Throughout, she incorporates commentary by current
diamond traders. Succeeding chapters explore the evolving nature of
both the global trade and the New York diamond district. Shield
takes a close look at the increasingly complex ethnic makeup of the
district, illuminates the rarely documented work done by women,
chronicles the resilient system of arbitration, and reveals the
ways in which many traders work well into their eighties and
nineties. Their long lives of work, cushioned by the trade's social
environment, offer hints for successful aging in general.
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