Increasingly, economists have acknowledged that a major limitation to economic theory has been its failure to incorporate human values and beliefs as motivational factors. This book explores how values and beliefs structure the dual processes of provisioning and consuming.

According to accepted wisdom, rational practices and ritual action are opposed. Rituals drain wealth from capital investment and draw on a mode of thought different from practical ideas. The studies in this volume contest this view. Comparative, historical, and contemporary, the six ethnographies extend from Macedonia to Kyrgyzstan. Each one illuminates the economic and ritual changes in an area as it emerged from socialism and (re-)entered market society. Cutting against the idea that economy only means markets and that market action exhausts the meaning of economy, the studies show that much of what is critical for a people’s economic life takes place outside markets and hinges on ritual, understood as the negation of the everyday world of economising.

This book focuses on Shenzhen, one of China’s most globalized metropolises, a leading centre of high-tech industries and, as a melting pot of migrants from all over China, a place of vibrant cultural creativity. While in the early stages of Shenzhen’s development this vibrant cultural creativity was associated with the resilience of traditional social structures in Shenzhen’s migrant ‘urban villages’, today these structures undergird dynamic entrepreneurship and urban self-organization throughout Shenzhen, and have gradually merged with the formal structures of urban governance and politics. This book examines these developments, showing how important traditional social structures and traditional Chinese culture have been for China’s economic modernization. The book goes on to draw out the implications of this for the future of Chinese culture and Chinese economic engagement in a globalized world.

"Exploring the intersection of spirituality and materiality, Mesoamerican Ritual Economy will be of interest to all scholars studying how worldview and belief motivate economic behavior."--Jacket.

In commemoration of Lothar von Falkenhausens 60th birthday, this volume assembles eighteen scholarly essays that explore the intersection between art, economy, and ritual in ancient East Asia. The contributions are clustered into four themes: Ritual Economy, Ritual and Sacrifice, Technology, Community, Interaction, and Objects and Meaning, which collectively reflect the theoretical, methodological, and historical questions that Falkenhausen has been examining via his scholarship, research, and teaching throughout his career. Most of the chapters work with archaeological and textual data from China, but there are also studies of materials from Mongolia, Korea, Southeast Asia and even Egypt, showing the global impact of Falkenhausens work. The chronological range of studies extends from the Neolithic through the Bronze Age in China, into the early imperial, medieval, and early modern periods. The authors discuss art, economy, ritual, interaction, and technology in the broad context of East Asian archaeology and its connection to the world beyond.

Comparative and critical, Anthropology and Economy offers a uniquely cross-cultural view of economy. Using examples from market and non-market situations, the book shows how economies are built on five increasingly abstract spheres, from the house to community, commerce, finance, and meta-finance. Across these spheres, economy incorporates a tension between self-interested rationality and the mutuality of social relationships. Even when rational processes predominate, as in markets, economies rely on sociability and ritual to operate, whether as cronyism, pleas to divinities or the magical persuasions of advertising. Drawing on data and concepts from anthropology and economics, the book addresses wealth inequality, resource depletion, and environmental devastation especially in capitalism, providing an understanding of their persistence and ideas for controlling them. Given the recent financial crash, Gudeman offers a different understanding of the crisis and suggestions for achieving greater economic stability.