By Robert L. Heilbroner
With its roots in heritage and eyes at the destiny, this booklet strains the improvement of our monetary society from the center a while to the current, delivering a balanced viewpoint of why our economic climate is how it is and the place it can be headed. It explores the catalytic position prior financial developments and dynamics–particularly capitalism–have performed in developing the current demanding situations we are facing, and gives feedback on how we may possibly care for them such a lot successfully sooner or later.
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Additional info for The Making of Economic Society, 13th Edition (The Pearson Series in Economics)
Sample text
Suppose, for instance, that we were called on to act as consultants to a nation emerging from a history of tradition-bound organization. We could imagine the leaders of such a nation saying, “We have always known a highly tradition-bound way of life. Our men hunt and our women gather fruits as they were taught by the force of example and the instruction of their elders. We know, too, something of what can be done by economic command. We are prepared, if necessary, to sign an edict making it compulsory for many of our men to work on community projects for our collective development.
At first glimpse, it seems impossible to answer in a phrase. Emperors, nobles, religious orders, merchant traders—all enjoyed the wealth of antiquity at one time or another. But at a second look, an interesting and significant generalization becomes possible: Most wealth did not go to those who played a strictly economic role. Although there are records of clever slaves in Egypt and Rome who became wealthy, and although rich merchants and bankers are visible throughout the annals of antiquity, theirs was not the primary route to wealth.
Economic anthropologists have of course had many new insights over the past 47 years since Heilbroner wrote this chapter. But rather than revise Heilbroner’s original discussion, I (WM) have decided instead to provide a short list of readings that will help the reader to uncover the latest scholarly thinking on the issue of tradition and its relation to economic provisioning. Here are three books that give a more up-to-date view: George Stocking. 1992. The Ethnographer’s Magic and Other Essays in the History of Anthropology.