ADMN 3400H Lecture Notes - Lecture 3: Eulachon, Barter, Feudalism

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The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals. (adam smith, wealth of nations 1776) Gain never acts as the impulse to work under the original native conditions (malinowski 1922: 156) the basis of almost every social interaction was a constant and obligatory reciprocal giving and taking (aspers 2011: 45) Gender and age largely determine what productive activity people engage in (e. g. male hunters and female gatherers) Distribution follows traditional norms, based on reciprocity and mutual obligations to ensure collective survival/prosperity. Limited role for authority figures in resolving disputes. Taxes (in labour and goods) paid to a lord" who owns the land and has the responsibility of providing protection. Lords direct the economic activity of the peasants. Dependence on external markets for some goods, e. g. salt, millstones, some metal wear or textiles. Groups (e. g. clans/families/villages) accumulate valuable goods (e. g. blankets, canoes, slaves)

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