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Money in a Human Economy
From Clans to Co-ops: Confiscated Mafia Land in Sicily
People, Money and Power in the Economic Crisis: Perspectives from the Global South
Ebook series8 titles

The Human Economy Series

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About this series

The idea of an informal economy emerged from, and is a critique of, the ideology of ‘economic development’. It originated from Keith Hart’s recognition of informal economic activity in 1960s Ghana. In the context of four colonialisms – German, British, Australian and Dutch – this book recounts Hart’s effort in 1972 to introduce the informal ‘sector’ into development planning in Papua New Guinea. This was problematic, because ‘the market’ was scarcely institutionalized, and traditional modes of exchange persisted stubbornly. Rather than conforming with post-colonial economic ideology, the subjected people pushed back against imposed bureaucracy to practice informal and hybrid modes of economic activity.

LanguageEnglish
Release dateJan 1, 1995
Money in a Human Economy
From Clans to Co-ops: Confiscated Mafia Land in Sicily
People, Money and Power in the Economic Crisis: Perspectives from the Global South

Titles in the series (8)

  • People, Money and Power in the Economic Crisis: Perspectives from the Global South

    1

    People, Money and Power in the Economic Crisis: Perspectives from the Global South
    People, Money and Power in the Economic Crisis: Perspectives from the Global South

    The Cold War was fought between “state socialism” and “the free market.” That fluctuating relationship between public power and private money continues today, unfolding in new and unforeseen ways during the economic crisis. Nine case studies -- from Southern Africa, South Asia, Brazil, and Atlantic Africa – examine economic life from the perspective of ordinary people in places that are normally marginal to global discourse, covering a range of class positions from the bottom to the top of society. The authors of these case studies examine people’s concrete economic activities and aspirations. By looking at how people insert themselves into the actual, unequal economy, they seek to reflect human unity and diversity more fully than the narrow vision of conventional economics.

  • Money in a Human Economy

    5

    Money in a Human Economy
    Money in a Human Economy

    A human economy puts people first in emergent world society. Money is a human universal and now takes the divisive form of capitalism. This book addresses how to think about money (from Aristotle to the daily news and the sexual economy of luxury goods); its contemporary evolution (banking the unbanked and remittances in the South, cross-border investment in China, the payments industry and the politics of bitcoin); and cases from 19th century India and Southern Africa to contemporary Haiti and Argentina. Money is one idea with diverse forms. As national monopoly currencies give way to regional and global federalism, money is a key to achieving economic democracy.

  • From Clans to Co-ops: Confiscated Mafia Land in Sicily

    4

    From Clans to Co-ops: Confiscated Mafia Land in Sicily
    From Clans to Co-ops: Confiscated Mafia Land in Sicily

    From Clans to Co-ops explores the social, political, and economic relations that enable the constitution of cooperatives operating on land confiscated from mafiosi in Sicily, a project that the state hails as arguably the greatest symbolic victory over the mafia in Italian history. Rakopoulos’s ethnographic focus is on access to resources, divisions of labor, ideologies of community and food, and the material changes that cooperatives bring to people’s lives in terms of kinship, work and land management. The book contributes to broader debates about cooperativism, how labor might be salvaged from market fundamentalism, and to emergent discourses about the ‘human’ economy.

  • Money at the Margins: Global Perspectives on Technology, Financial Inclusion, and Design

    6

    Money at the Margins: Global Perspectives on Technology, Financial Inclusion, and Design
    Money at the Margins: Global Perspectives on Technology, Financial Inclusion, and Design

    Mobile money, e-commerce, cash cards, retail credit cards, and more—as new monetary technologies become increasingly available, the global South has cautiously embraced these mediums as a potential solution to the issue of financial inclusion. How, if at all, do new forms of dematerialized money impact people’s everyday financial lives? In what way do technologies interact with financial repertoires and other socio-cultural institutions? How do these technologies of financial inclusion shape the global politics and geographies of difference and inequality? These questions are at the heart of Money at the Margins, a groundbreaking exploration of the uses and socio-cultural impact of new forms of money and financial services.

  • Credit and Debt in an Unequal Society: Establishing a Consumer Credit Market in South Africa

    7

    Credit and Debt in an Unequal Society: Establishing a Consumer Credit Market in South Africa
    Credit and Debt in an Unequal Society: Establishing a Consumer Credit Market in South Africa

    South Africa was one of the first countries in the Global South that established a financialized consumer credit market. This market consolidates rather than alleviates the extreme social inequality within a country. This book investigates the political reasons for adopting an allegedly self-regulating market despite its disastrous effects and identifies the colonialist ideas of property rights as a mainstay of the existing social order. The book addresses sociologists, political scientists, anthropologists and legal scholars interested in the interaction of economy and law in contemporary market societies.

  • Commerce as Politics: The Two Centuries of Struggle for Basotho Economic Independence

    8

    Commerce as Politics: The Two Centuries of Struggle for Basotho Economic Independence
    Commerce as Politics: The Two Centuries of Struggle for Basotho Economic Independence

    This is the first comprehensive economic history of the Basotho people of Southern Africa (in colonial Basutoland, then Lesotho) and spans from the 1820s to the present day. The book documents what the Basotho have done on their own account, focusing on their systematic exclusion from trade and their political efforts to insert themselves into their country’s commerce. Although the colonial and post-colonial periods were unfavourable to the Basotho, they have, before and after colonial rule, launched impressive commercial initiatives of their own, which bring hope for greater development and freedom in their struggle for economic independence.

  • Land and the Mortgage: History, Culture, Belonging

    9

    Land and the Mortgage: History, Culture, Belonging
    Land and the Mortgage: History, Culture, Belonging

    The mortgaging of land is not just economic and legal but also social and cultural. Here, anthropologists, historians, and economists explore origins, variations, and meanings of the land mortgage, and the risks to homes and livelihoods. Combining findings from archives, printed records, and live ethnography, the book describes the changing and problematic assumptions surrounding mortgage.  It shows how mortgages affect people on the ground, where local forms of mutuality mix with larger bureaucracies. The outcomes of mortgage in Africa, Europe, Asia, and America challenge economic development orthodoxies, calling for a human-centered exploration of this age-old institution.

  • Exchange and Markets in Early Economic Development: Informal Economy in the Three New Guineas

    10

    Exchange and Markets in Early Economic Development: Informal Economy in the Three New Guineas
    Exchange and Markets in Early Economic Development: Informal Economy in the Three New Guineas

    The idea of an informal economy emerged from, and is a critique of, the ideology of ‘economic development’. It originated from Keith Hart’s recognition of informal economic activity in 1960s Ghana. In the context of four colonialisms – German, British, Australian and Dutch – this book recounts Hart’s effort in 1972 to introduce the informal ‘sector’ into development planning in Papua New Guinea. This was problematic, because ‘the market’ was scarcely institutionalized, and traditional modes of exchange persisted stubbornly. Rather than conforming with post-colonial economic ideology, the subjected people pushed back against imposed bureaucracy to practice informal and hybrid modes of economic activity.

Author

Theodoros Rakopoulos

Theodoros Rakopoulos is Associate Professor of Social Anthropology at the University of Oslo. He has most recently published on citizenship, property, statehood and conspiracy theory. His book Passport Island: The Market for EU Citizenship in Cyprus tackles citizenship by investment programmes and elite Russian migration to ‘Europe’ (Manchester University Press, 2023).

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