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What is the utility of the concept of 'economy'? and 'economic anthropology'?
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Nazia Kosar. What is the utility of the concept of 'economy'? and 'economic anthropology'? The concepts of the 'economy' and 'economic anthropology' have generated much debate amongst anthropologists and economists alike. The main issue is whether anthropologists and economists start from different perspectives when analysing the 'economy'. Which then begs the question, what is the economy? The answer is not straightforward because economics in society and economics in anthropology are two different things, and still different to 'economic anthropology' which studies the economy in societies. This further asks the question of how can the concepts of 'economy' be defined in societies where it is not a native category? In an anthropological sense, the concept of 'economy' is relative, depending on the angle on the debate you decide to follow, predominantly divided between the substantivist and formalist, and later Marxist anthropology which are the basis the concept of 'economic anthropology' is founded upon....
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