Summary Of Graeber's Toward An Anthropological Theory Of Value

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This course has focused on a cross-cultural representation of value and exchange theory through the perspectives of Marcel Mauss, Bronislaw Malinowski, Pierre Bourdieu, Arjun Appadurai and David Graeber. While we have spent a great deal of time exploring specific exchange systems such as Kula and Potlatch, this essay will focus on the technical theories related to value construction and exchange. In order to accomplish this, I will ground the foundation of my paper in chapter two of Graeber’s work “Toward an Anthropological Theory of Value” and use this to thoroughly examine the ideas of Marx and Bourdieu in relation to commodity economies.
First, I will begin by depicting the argument made by Graeber throughout his work. Second, I will expand on Marx’s …show more content…

While these theories contain very different viewpoints, they are all relevant to our anthropological understanding of value construction. Due to the importance of theory for constructing this essay there will be a heavy reliance on outside sources to construct my analysis. Included are the original works of Graeber and Mauss as well as other authors who are analyzing the work of Marx, Bourdieu, and alternate theories of value.
In his work, David Graeber critiques the theory of value and exchange through three different perspectives. He aims to contrast sociological, economical, and anthropological theories in order to emphasize the importance of cross-cultural theories to the discourse of value and exchange theory. Throughout his discussion in Chapter 2, Graeber utilizes the work of Karl Marx and Pierre Bourdieu to portray an economic standpoint to value discourse in contrast to Marcel Mauss and Annette Weiner’s theory of value and exchange through gift

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