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Culture, Law and Economics
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This modern reassessment of economic anthropology contributes to a redesigned market theory that distinguishes between individual, competition-and-trust-defined markets, and policy-oriented objective markets determined by good, time and area. The author presents fresh insights into the allocation of collective goods, which in turn help formulate a critique of the economic strategies of the World Trade Organisation and the World Bank Group. There is a need for improved constitutions of markets and collective goods economies in order to do justice to cultural modes of economic thought. In this v...
This modern reassessment of economic anthropology contributes to a redesigned market theory that distinguishes between individual, competition-and-trust-defined markets, and policy-oriented objective markets determined by good, time and area. The author presents fresh insights into the allocation of collective goods, which in turn help formulate a critique of the economic strategies of the World Trade Organisation and the World Bank Group. There is a need for improved constitutions of markets and collective goods economies in order to do justice to cultural modes of economic thought. In this volume, as in the lectures from which they originate, the author integrates his expertise in competition theory and ethnological field-research in law and anthropology to address the economic and legal conditions of (what may be called) economic justice in a multicultural world.