AN457      Half Unit
Anthropology of Economy (2): Transformation and Globalisation

This information is for the 2023/24 session.

Teacher responsible

Prof Deborah James

Availability

This course is available on the MPA Dual Degree (LSE and Columbia), MPA Dual Degree (LSE and Hertie), MPA Dual Degree (LSE and NUS), MPA Dual Degree (LSE and Sciences Po), MPA Dual Degree (LSE and Tokyo), MRes/PhD in Anthropology, MSc in Anthropology and Development, MSc in China in Comparative Perspective, MSc in Development Studies, MSc in Inequalities and Social Science, MSc in Regulation, MSc in Social Anthropology, MSc in Social Anthropology (Religion in the Contemporary World) and Master of Public Administration. This course is available with permission as an outside option to students on other programmes where regulations permit.

Course content

This course explores the limits and potentials of contemporary global capitalism. We all know that we live in a global economy, but how has this come into being? What are its political, social and cultural consequences? Why is the global economy so volatile? How does it produce inequality for many and abundance for some? Is globalisation dead in an era of ‘de-coupling’ and populism? What might the futures of global capitalism be? Through the term we will answer these questions in relation to classic themes of production, social reproduction, redistribution, circulation and consumption. Our theoretical approaches will be expanded to explore the emerging anthropology of some of the following: logistical power, the commodification of intimacy, algorithmic interactions, global branding, media spectacles, the security state, financialisation and speculation. The course will demonstrate that globalisation does not have a single logic nor is it a towering force. Instead, our focus on ethnography takes us inside the local processes through which the durable capture of accumulation and power are created. We will also be examining globalisation from the perspective of global elites, the middle classes and the precarious poor. By taking an anthropological approach to globalisation we will move away from an economic or ‘deterministic’ theory of capitalism. Instead we will explore the significance of desire, kinship, affect, political dreams, ethics and culture to the intimate economy of capitalism. At the end of the course we will have a better understanding of recent global changes, as well as a set of theoretical tools that can help us to rethink approaches to capitalism in general.

Teaching

10 hours of lectures and 15 hours of seminars in the WT. 1 hour of lectures in the ST.

The contact hours listed above are the minimum expected. This course has a reading week in Week 6 of WT.

Formative coursework

Students will be expected to produce 1 essay in the WT.

Indicative reading

Allison, A. (2009). Nightwork: Sexuality, pleasure, and corporate masculinity in a Tokyo hostess club. Amoore, Louise, and Volha Piotukh, eds. (2015) Algorithmic life: Calculative devices in the age of big data. Routledge

University of Chicago Press.

Bear, Laura (2015) Navigating Austerity: Currents of Debt Along a South Asian River. Stanford University Press.

Coleman, Gabriella (2014) Hacker, hoaxer, whistleblower, spy: The many faces of Anonymous. Verso books.

Cowen D (2014) The Deadly Life of Logistics: Mapping Violence in Global Trade. Minneapolis: University of Minnesota Press.

Dua, Jatin. (2019) Captured at Sea: Piracy and Protection in the Indian Ocean. University of California Press.

Fillitz, Thomas, and Paul van der Grijp, eds.(2018) An Anthropology of Contemporary Art: Practices, Markets, and Collectors. Bloomsbury Publishing.

James, Deborah (2015) Money from Nothing: Indebtedness and Aspiration in South Africa. Palo Alto: Stanford University Press.

Maguire, Mark and Setha Low (2019) Spaces of Security: Ethnographies of Securityscapes, Surveillance, and Control. NYU Press.

Stout, N. (2019) Dispossessed: how predatory bureaucracy foreclosed on the American Middle Class. University of California Press.

Tufekci (2017) Twitter and tear gas: The power and fragility of networked protest. Yale University Press.

Upadhyay (2015) Re-engineering India: Work, Capital and Class in an Offshore Economy, Oxford University Press

Yanagisako, S. and L. Rofel (2019) Fabricating Transnational Capitalism: a collaborative ethnography of Italian-Chinese Global Fashion, Duke University Press.

Assessment

Exam (100%, duration: 2 hours) in the spring exam period.

Key facts

Department: Anthropology

Total students 2022/23: 40

Average class size 2022/23: 10

Controlled access 2022/23: No

Lecture capture used 2022/23: Yes (LT)

Value: Half Unit

Guidelines for interpreting course guide information

Course selection videos

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