Monday 12 October 2020

Money and non monetized communities

 

(From
Sridhar Lakshmanan
's thread)
Sriram Naganathan - I sort of understood the converse side of this issue when I visited Andamans. The Jarawas for instance, don't have the concept of individual ownership of anything. So they happily walk into shops that abet their reserve and take away anything that they fancy. Mind you, this is not restricted to some 'need' but simply anything they fancy. They don't recognize this to be 'theft' and going by Indian laws, they cannot be punished (endangered tribe, I think). They also share pretty much everything among the clan members, including spouses and children (some of us may be repulsed by this idea, but that is their custom. Period). There are no individual households. Not sure if the collective sharing idea extends only to those who contribute or to everyone in the community or even beyond. Some of us are actually trying to put some economics into this tradition for constructing a text book on economics for children. (e.g., what if some one chances upon something that most Jarawas value immensely but don't have? Would he / she still share it or would he / she make a 'barter' or 'sale'?) I don't know how things will pan out when resources are limited, the bedrock of all economics.
Sridhar Lakshmanan - see it form their view, its a urban forest where shops are trees yielding goods they want, they can go and pluck and shopkeepers are also monkeys who also want them but can be shooed away


Sriram Naganathan Sridhar, isn't the larger issue 'how do you put an economic value on something for which the owner does not attribute any economic value?' I think we faced this issue when we (you, Mili and I) visited a hillock near Ambur for goat's milk, which the villagers had in abundance but refused to sell (but would happily offer it to you to drink for free).
Isn't the flip side of the story about attributing 'infinite' economic value to something and hence not willing to part with it? The answer is relevant in debates on developmental issues like dam construction, mining, etc where 'economic' value of a tree, or rock, or mountain or soil does not exist since it is sacred, even if the feature may offer immense economic value to people outside the community. We will also end up debating 'who owns the land?' though property has ceased to be a fundamental right in India since 1970s.
What would be a classic economics textbook / IIM-A class work response to this?
Sridhar Lakshmanan i got no clue abt IIMA but i know one thing for sure, rather two things 1) i am going to face this often and i have faced it many times, they influence me more than i influence them , is some thing i am begining to realise,i must admit when linkages to cities are stronger the story changes completely 2) i am closer to realising my feta cheese from goat milk dreams, i was supposed to meet some people from yadava community forum who rear goats in large numbers and what me to help them market the produce and structure them into an entity, one of them is a prof in LIBA and interestingly this reference is also from CII
Sridhar Lakshmanan ok on teh economics of it, the problem in my view is monetisation, if you observe nature , anything greater than one's immediate needs is a waste, money enables that to be captured as wealth, this is where distortion happens and we destroy nature around us, this principle you will see in factory shop floor , supply chain management etc yielding good results but when it comes to ourselves we abandon it, the realisation money is only a partial measure of wealth is not often realised by many and b schools dont teach that, mine did Balasubramaniam Thyagarajan Interesting problems. How do we deal with produce that may be surplus but no one wants to sell. What will they barter it for?
Sridhar Lakshmanan proven good will, is what i know
Balasubramaniam Thyagarajan Do they have no needs or wants?
Sridhar Lakshmanan they have needs, but most is provided by the forest, their needs are very limited unlike us, many are "illiterate", they dont understand numbers, most importantly they are contented lot. many a time it has happened when you ask them if you can do some thing , they politely say no and say thanks,with utmost sincerity . if they are closer to city or civilisation or education it does not happen

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