Self-sustaining household economies are not exchange or profit-driven economies

Evidence

As to whether the genuinely economic can be equated with the principle of exchange, one must take into account … that the slave economy of the Greeks and Romans was not the only form of economy at that time. In relatively isolated countries such as Persia, which was surrounded by mountains, people had to provide for themselves with the means at their disposal for processing nature. In these countries, the economy essentially had to do with self-sustenance. However, this form of sustenance, or economy, is not the same as when human beings sustain themselves through the profit motive. — Dirk Braunstein, Adorno’s Critique of Political Economy, 1146

Categorization

  • DEFINE: Distinguishes self-sustenance/use-value economy from exchange and profit-motive economy — a key clarification in the historiography of economic categories.
  • XREF: connects to: Household economizing functions as a competitive game, not mere necessity — Simone de Beauvoir, The Second Sex, 1240; Home and work reverse who is rational, and children bear the cost — Simone de Beauvoir, The Second Sex, 1534; Economic primacy over society presupposes a fully consolidated exchange economy — Dirk Braunstein, Adorno’s Critique of Political Economy, 1179 (+2 more)

Broader Connections