Hyperreality and Jean Baudrillard | Guest: Mikeofpol | 1/17/5
The Auron MacIntyre Show
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Symbolic Exchange and Human Interaction in Economic Theory
This chapter delves into the potlatch ritual among Western Native Americans, highlighting its role in ceremonial debt settlement and the symbolic nature of value in social relationships. The authors challenge the traditional labor theory of value by demonstrating how symbolic exchanges, including gift-giving and acts of conflict, shape human interactions and societal values.
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