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• W620178418 abstract "I analyze factors at work in the global political-eco- nomic system to situate ethnographic treatments of local processes. After showing how the classic upward spiral of capitalist devel- opment can turn into a downward spiral, I analyze the relation- ships among interest rates, government borrowing, social pro- grams, inflation, jobs, taxes, foreign loans, prices of export and import goods to show how their interactions result in a quasi-ran- dom system. I show how finance gains power over productive capital in this system and how this contributes to global random- ness so that we can understand these processes without being able to predict them with any degree of accuracy. Humanity has been awash in global flows since we started walking, but they became exponentially faster with boats and printing, then with airplanes and telegraphs, and now with electronic, fiberoptic and wireless networks and computer tech- nology. Nowadays cultural artifacts move across the planet at the speed of light. As in the past, the challenge to ethnography is to locate relevant systems, and understand their components and rela- tions, and the people in them, without giving up the strengths of classical anthropology (Durrenberger and Palsson 1996). The" @default.
• W620178418 created "2016-06-24" @default.
• W620178418 creator A5019082367 @default.
• W620178418 date "2003-01-01" @default.
• W620178418 modified "2023-09-25" @default.
• W620178418 title "Global Processes, Local Systems" @default.
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