![]() Industrial society striving for universality. A world economic order founded on the principles that underpinned a western ![]() This shows that in real life, people do notĪlways make economic rational decisions solely to maximize their profit. To buy all of them, but the lady refused she wanted to keep one casava so she had Adnan’s example: a woman was selling casava’s on a market. If we look around us, this idea is quite problematic and is not reflected in reality. This is a taken for granted assumption within the science of neoclassical economics. An individual will act in the best of his/her economic interests. Rational, individual, and economic actors. O An individualistic logic of utility maximization rooted in the idea that human beings are O The idea is that people behave in a rational manner, particularly when it comes to O The most important assumption upon which neoclassical economics is founded. One of these assumptions is economic rationalism : Suspicious and critical of taking for granted these assumptions. Of intellectual and analytical direction a discipline takes. Theories/epistemological assumptions are often taken for granted and often have an effect on the kind The discipline of economics is basically intended to study the dynamics and the patterns of the The activities related to production, consumption, and distribution that take place within an economic O In a socialist economic system, distribution is taken seriously, because they are interested inĪddressing distributional injustices and reducing inequalities. O For example, under a capitalist economic system, production and consumption are often Depending on the different economic system, different Production, distribution, and consumption. The other way to understand economics, is to see the interaction among the three components: This tension and scarcity is the basic economic problem □ some people call economics the study of Satisfy these wants are very finite/limited □ there is always this tension, this conflict is also known as The idea is that human beings have infinite desires/demands and needs, but the sources available to Adnan wants us to see it through a tension between limited resources and unlimited human wants. Political and Economic Anthropology - Notes: Lecture 1 – 31-08-2020 – Economics and the economy:
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |