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Kimberly D. Krawiec

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Markets

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Show Me The Money: Making Markets In Forbidden Exchange, Kimberly D. Krawiec Dec 2008

Show Me The Money: Making Markets In Forbidden Exchange, Kimberly D. Krawiec

Kimberly D. Krawiec

As your parents doubtless told you, money can’t buy everything. Nearly all cultures reserve certain items, activities, and entitlements as inalienable for profit. It would be incorrect to assume, however, that the individual mental accounting, social norms, and laws regarding the proper scope of commercial activity are universal, preordained, or inflexible. In fact, researchers across disciplines have demonstrated both the malleability and context-dependency of individual mental accounting, and the socially constructed nature of relational boundaries and the accepted means of exchange within them, which vary across time and cultures. Moreover, technological innovation, social or political change, or other developments may …