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[[left margin #1]]
3/14 - 
[[/left margin #1]]

again stresses there is an economic aspect of everything
if dev. programs favor large landowners + create landlessness & this creates pol. unrest, is this an econ. or pol. problem

[[left margin #2]]
- 
[[/left margin #2]]

once having defined 'econ', substantivists
 
[[left margin #3]]
*
[[/left margin #3]]

curiously didn't study prod + consumption as would expect; rather studied

modern economics use phrase "price-making [[strikethrough]] mak[[/strikethrough]] markets" to indicate the play of supply + demand forces as "integrated price-making market system" based on regional specialization capable of [[strikethrough]] indicating [[/strikethrough]] integrating larger econ. system ((some also see this as (origin of the state)) also "calls out the factors of production" i.e. mobilizes land, labor + capital

[[strikethrough]] as ever [[/strikethrough]] again stresses diff between rules + content
rules [[strikethrough]] usual [[/strikethrough]] may say must help your brother, but in every society are brothers who don't talk to each other

fact are whole industries designed to help us pay as little tax as poss., shows

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that w/ in redistribution also maximizing

w/ in reciprocity ma not have time to fulfill all obligations + so must choose

[[left margin]]
criticisms of substantivists
[[/left margin]]

pt being here that maximizing done in all systems, not just market also that markets can be embedded

business flows more smoothly if have non-econ. ties with people you do business with, because creates trust ((substitute for contract)) ((or contract substitute for trust))

price-making markets do not have to be amoral + anonymous

Chinese in SEA successful in trade largely because social embedded

in redist. decision at center, in markets decision arrives out of interaction
because decision arrives out of interaction + is mutual, don't really have to embed

Saklins talks about reciprocity + rangeds on scale from [[strikethrough]] id [[/strikethrough]] embedded to dis [[strikethrough]] markets to [[/strikethrough]] embedded