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Economic anthropology is a field that attempts to explain human economic behavior in its widest historic, geographic and cultural scope. It is an amalgamation of economics and anthropology . It is practiced by anthropologists and has a complex relationship with the discipline of economics, of which it is highly critical. [ 1 ]
Cohen argued that the most important reason for similarities between two (or more) unrelated societies is their possession of a similar adaptive strategy. In other words, similar economic causes have similar sociocultural effects. For example, there are clear similarities among societies that have a foraging (hunting and gathering) strategy.
The Society for Economic Anthropology (SEA) is a group of anthropologists, archaeologists, economists, geographers and other scholars interested in the connections between economics and social life. Its members take a variety of approaches to economics: some have a substantivist perspective, while others are interested in the new institutional ...
Samuel Popkin defines a 'moral economic' approach to the political economy of peasants as one which "focuses on the relation between economic and social institutions". [14] In the context of the peasantry in Vietnam, moral economists argue that Confucian and Vietnamese cultural values underpin peasant society, and that this ultimately was the ...
Rather than being a separate and distinct sphere, the economy is embedded in both economic and non-economic institutions. Exchange takes place within and is regulated by society rather than being located in a social vacuum. For example, religion and government can be just as important to economics as economic institutions themselves. Socio ...
Political economy in anthropology is the application of the theories and methods of historical materialism to the traditional concerns of anthropology, including but not limited to non-capitalist societies. Political economy introduced questions of history and colonialism to ahistorical anthropological theories of social structure and culture.
George Dalton applied the substantivist economic ideas of Karl Polanyi to economic anthropology, and to development issues. The substantivist approach demonstrated the ways in which economic activities in non-market societies were embedded in other, non-economic social institutions such as kinship, religion and political relations. He therefore ...
Similarly, Clifford Geertz's model of "dual economy" in Indonesia [3] and James C. Scott's model of "moral economy" [4] hypothesized different exchange spheres emerging in societies newly integrated into the market; both hypothesized a continuing culturally ordered "traditional" exchange sphere resistant to the market. Geertz used the sphere to ...
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