ASIANAM 50 Lecture Notes - Lecture 22: Banana Leaf, Collective Ownership, Labour Power

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Labor power is bought and sold as commodity in a free market. Capital itself becomes a means of production in capitalism. Take the capacity to do work and then sell it. Kinship: specifies who is doing what for what. Women create banana leaf bundles and give it away. Kayasa turn to the men of his clan, his relatives to make yams. Avoid the perils of totalizing: form of misrepresentation: to take one thing of the many things going on of something large. Then taking that thing and generalizing the whole thing. World capitalist system/globality: logics became very salient within parts of society, first appears in england. Wants to industrialize and improve conditions for its people. Nations of the third world will try to put huge tariffs on their import goods to protect their own industries. They should take in imported goods to let themselves develop. Encourage foreign companies to invest in your economy.

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