ANTH 3220 Lecture Notes - Lecture 11: Eric Wolf, Moneylender, Takers
9 Jan 2017
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Document Summary
Understand how capitalist economic practices differ from the tributary/feudal economic practices that preceded it (modes of production) Become familiar with feudalism as a social and economic practice in europe. Learn how capitalism emerged to become dominant (its origins), and of the tensions between capitalism and the former economic political order. Understand a key dynamic aspect of capitalism: the improvement ideology. Most de nitions of capitalism focus on the role of using money to make money (the capital in capitalism) Fyi, capital also generally means wealth or assets. Money -> buy something -> sell at higher price for more money (trade) Money -> buy labour/land/machines -> use labour/land/machines to produce -> sell product/services at price higher than labour and other costs = more money (business) Lend money -> charge interest -> more money (banking, money lending) Money has been around a long time. Making money has been around a long time. Anthropology of economic modes helps us answer this.
