Toward An Anthropological Theory of Value The False Coin of Our Own

Now a widely cited classic, this innovative book is the first comprehensive synthesis of economic, political, and cultural theories of value. David Graeber reexamines a century of anthropological thought about value and exchange, in large measure to find

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Copyright material from www.palgraveconnect.com - licensed to Northeastern University - PalgraveConnect - 2016-04-26

10.1057/9780312299064preview - Toward An Anthropological Theory of Value, David Graeber

Copyright material from www.palgraveconnect.com - licensed to Northeastern University - PalgraveConnect - 2016-04-26

Toward An Anthropological Theory of Value z

10.1057/9780312299064preview - Toward An Anthropological Theory of Value, David Graeber

Copyright material from www.palgraveconnect.com - licensed to Northeastern University - PalgraveConnect - 2016-04-26

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The False Coin of Our Own Dreams David Graeber

10.1057/9780312299064preview - Toward An Anthropological Theory of Value, David Graeber

Copyright material from www.palgraveconnect.com - licensed to Northeastern University - PalgraveConnect - 2016-04-26

Toward An Anthropological Theory of Value z

First published 2001 by PALGRAVE™ 175 Fifth Avenue, New York, N.Y. 10010 and Houndmills, Basingstoke, Hampshire, England RG21 6XS. Companies and representatives throughout the world. PALGRAVE is the new global publishing imprint of St. Martin’s Press LLC Scholarly and Reference Division and Palgrave Publishers Ltd. (formerly Macmillan Press Ltd). ISBN 0-312-24044-9 (cloth) ISBN 0-312-24045-7 (paperback) Library of Congress Cataloging-in-Publication Data Graeber, David Toward an Anthropological Theory of Value: The False Coin of Our Own Dreams p. cm. Includes bibliographical references and index. ISBN 0-312-240449 – ISBN 0-312-24045-7 (alk. paper) 1. Values. 2. Anthropology—Philosophy. 3. Social values. 4. Ceremonial exchange. I. Title. GN469.5.G73 2001 303.3’72—dc21 200121794 A catalogue record for this book is available from the British Library. Design by Letra Libre, Inc. First edition: December 2001 10 9 8 7 6 5 4 3 2

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Printed in the United States of America.

10.1057/9780312299064preview - Toward An Anthropological Theory of Value, David Graeber

Copyright material from www.palgraveconnect.com - licensed to Northeastern University - PalgraveConnect - 2016-04-26

TOWARD AN ANTHROPOLOGICAL THEORY OF VALUE Copyright © David Graeber, 2001. All rights reserved. No part of this book may be used or reproduced in any manner whatsoever without written permission except in the case of brief quotations embodied in critical articles or reviews.

Acknowledgments A Few Words by Way of Introduction

vii ix

Chapter 1

Three Ways of Talking about Value

1

Chapter 2

Current Directions in Exchange Theory

23

Chapter 3

Value as the Importance of Actions

49

Chapter 4

Action and Reflection, or Notes toward a Theory of Wealth and Power

91

Chapter 5

Wampum and Social Creativity among the Iroquois

117

Chapter 6

Marcel Mauss Revisited

151

Chapter 7

The False Coin of our own Dreams, or the Problem of the Fetish, IIIB

229

Notes References Cited Index

10.1057/9780312299064preview - Toward An Anthropological Theory of Value, David Graeber

263 281 317

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