Jeff Russell
[Main Blog Post] How the Cost of Freight Has Shaped the World
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Date: 2023-06-28 09:05 pm (UTC)I do think that in "Debt" he firmly quarreled with what he probaby would call the Adam Smith "just so" story of barter preceding - and inevitably developing into - money (granted, he says, Adam Smith did not have the wealth of ethnographic material we now have, and was free to let his imagination rip when trying to figure this out). Because, he says, ethnologically, it is nonsense. Nowhere in any ethnographic source ever described from direct observation, is barter (in the "spot trade", or this for that, sense) ever actually found to precede money. Although barter can often succeed money, whenever folk used to trading in money have to deal with the money disappearing - eg in prisons. In relation to this detail, I think he may have annoyed economists of all kinds, both the classical kind, and of the Marxist kind. ;)
But also, it really IS a good book. Please do post something when you get around to reading it. I'd be interested in your thoughts on it. :)
Re Girard, yes, the concept that all human culture and mythology arose following the (purported) first fully human cultural act - a human sacrifice - is what really put me off him. Still, perhaps there are others who find something of benefit in his work. Who am I to say?
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Date: 2023-06-28 09:39 pm (UTC)Also, for what it's worth, I also agree that the Adam Smith and Mises-flavored idea that money derived from barter are historically wrong. There's a fairly reasonable argument to be made that the logic they describe is helpful for understanding some of the likelihoods and necessities of a monetary system once you have one, but that it's utterly wrong as to how actual living folks went from not having money to having it (similar to how Locke's and Hobbes's arguments from a "state of nature" describe no actual historical time, but might still have some utility for understanding how folks should think about organizing themselves, if they get to choose).
My current favorite attempt at understanding the actual historical rise of money is Nick Szabo's "Shelling Out". He's also coming at it from an anarchist perspective (but an anarcho-capitalist one, admittedly), and he also incorporates ethnographical observation and archaeological findings (though he is not an anthropologist, and so did none of the fieldwork himself). The core of his argument is that "exchange" (trade, barter, and such) was the smallest part of what proto-money and early money was used for. Instead, it was more often used for rare, large transfers of wealth between parties with some reason not to trust each other - tribute, weddings, and inheritance.
I haven't come back to this in a few years, despite my views and knowledge on a lot of things changing, so I can't guarantee it's not wrong in important ways, but if nothing else it's a fascinating case of "but what if it did work that way?"
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Date: 2023-06-29 09:12 am (UTC)Also, there are a couple of "just so" stories from the world of biology appearing in this summary. ;) For example that you can understand society by centring "genes" as the [presumed] rational actors in your story instead of people. (Dawkins "Selfish Gene" book is actually one of the most religious books I have ever read by someone who is said to abhor religion!) And, the assumption that "co-operation" is sharply constrained in nature. Hmmm... Lynn Margulis had a great deal to say to that!
The most interesting part of this summary is that it barely mentions social relationships - which is the context in which all exchange between humans takes place. What Graeber (influenced by Marcel Mauss, Marshall Sahlins, and others) shows is that what we in the west have come to fetishise (the *things* that are traded), most people conceive of "things" in relation to the people from whose hand, or to whose hand, the thing will move. Goods that move from hand to hand, are only a part of a larger language of relationship.
The "distance" in time between the giving of a gift and its reciprocation (which is the "problem" that money is supposed to have solved) is not a problem at all when the two people involved are not strangers and have a long term relationship - long term enough to easily hold any and all of the long time gaps between a gift going one way and a gift going the other in a normal state of trust. The problem only becomes a problem if strangers find themselves needing to trade with each other - and [importantly] needing to remain strangers at the end of the trade. It seems to me that Graeber offers a much more sophisticated and ethnographically nuanced analysis of the many languages of exchange that people have used, and of which money (as we use it) comes down to us as one narrowed and impoverished [and also, incidentally, impoverishING] stream.
Yes... now that I think of it, I must take another look at Graeber's Debt book.
PS - thanks for entertaining this lengthy conversation! :)