ECON 001A Lecture Notes - Lecture 13: Barter, Autocracy
19 May 2020
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As a result of centricity and redistribution, storage is necessary. Society usually delegates some renowned person for this task of storing/ redistributing but this responsibility is a great one. Often, statesmen/ leaders are responsible and he redistributes in a way that keeps the recipients under his debt. Thus, many economies that don"t use market economy (currency in general), end up distributing a larger part of society"s goods to non producing class of officials (those with influence) This social condition advances to become a political one as it did in west europe. As gifts (for reciprocity) turns into tributes to a king. 3 principles of behavior that justify communism as opposed to self interest. Householding: producing in a communistic community for one"s own use. *we shouldn"t assume economy for self gain come first or that economy resulting from reciprocity/ redistribution come first. Both resulted when agricultural technology increased.
