Lecture 7: Economic Organization and ExchangeThis is a featured page



In this lecture, it was mentioned that in a country like Singapore, the patron-client relationship does not occur in economic exchange. However, I have learnt from Economics that there are two kinds of shops, large-scale (NTUC, Carrefour) and small-scale shops (mama shops under HDB flats). From my point of view, these small-scale shops may use more of a patron-client relationship,and in fact this personal touch could be one of the selling points that they have.

An good example to consider (the supermarket vs. mini-market mentioned above).

As a point of clarification, "bureaucratic rational" and "patron-client" type organization of social and economic exchange can both be found in Singapore; but the former is more culturally legitimated (at least that is the perception of the lecturer; it is a subject that could be further discussed and investigated).


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huizhen
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michh. Hxaro 10 Oct 20 2008, 9:12 AM EDT by Nisa_kosa
Thread started: Oct 8 2008, 11:28 PM EDT  Watch
I think Lee's confusion regarding Hxaro was pretty understandable given Western ideas of wealth/ wealth accumulation and goods exchange.Hxaro exchange, far from being a mere bartering of goods, is a means of social exchange wherein interaction and the cementing of interpersonal relationships are valued more highly than the goods in circulation. Unlike barter trade, wherein benefits largely accrue to the individual, the benefits of Hxaro are shared among its participants as it also functions as a means of leveling wealth differences as well as maintaining good social relations and alleviating conflict. Lee’s initial lack of understanding stemmed from his inability to comprehend that the value of goods were incidental (though not entirely unimportant) in Hxaro- the value of items often being played down in the process of exchange. Rather than creating material wealth, Hxaro represents a person’s wealth (measured by his number of friends), which waxes or wanes depending on his will to maintain the relationship through exchange.
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