AN100 Lecture 13: AN100 lecture 13
Document Summary
Anthropologists have identified three types of exchange: 1. Regulated & unregulated markets (karl polyani, pg 224: free markets (no gov"t intervention - unregulated) & regulated markets (government regulation) exists, markets are regulated to some extent, what are the impact of unregulated markets. Economic globalization is not a new phenomenon: merchant capitalism - trading companies, putting-out system" to the great transformation" (karl. Polanyi: industrial revolution & colonization, technological innovation & transportation, expansion of capitalism & neoliberalism, colonization, plantation economies, textiles, transfer of raw materials, commodity production, creation of, first (core western countries) o second (communist, third world. Globalization results in: externalizing costs would make goods cheaper and minimize the tensions bet. Free market and social and environmental costs which polanyi and keynes talked about. Transnationalism reflects this global flow: movement across national borders , transcending national boundaries (pg 230, diaspora - population whose members are dispersed outside their homeland (pg 270, immigrants, refugees become part of this diaspora movement.
