ANTH 3220 Lecture 17: Week 17 - More free and fair? Fair trade and sharing economy

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27 Feb 2017
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Most societies have mixed (tributary/state, capitalist, and semi-democratic economies. Elements of socialism, capitalism, authoritarianism, different mixes of moral economic relations. Growing inequality within societies and globally, with exceptions. Communist and pure-market capitalist have never existed (idealized visions of economic life) Fascism - an authoritarianism taking place with collaboration between state and corporation. Capitalism can have demand problems because of its contradictions, socialist economies have supplies for production problems. System of capitalism itself concentrates wealth so it cannot be equally distributed. Command structures determining which resources to distribute to factories. Within in an allocative system - everyone competing for resources. Contradictions within the system make it inef cient in some ways. Stockpiling and hoarding, with shortages in other areas. Allocative power (like in armies) can be problematic for centralized-command. Examples have shown that heavy industry favoured over consumer, hoarding of production resources. Both systems create systemic inequalities, elite/privileged - and myths about democracy .

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