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Capitalism, Socialism, and Communism: Comparative Insights in Modern Economic Anthropology
Abstract
This chapter examines capitalism, socialism, and communism from an economic and anthropological perspective, emphasizing that these systems are culturally defined, historically conditioned, and socially lived. It does so through a detailed overview of each system's history, values, and contradictions, taking advantage of ethnographic case studies from around the world to compare the extremes of labour, resource distribution, and cultural impact. The chapter also explores mixed or hybrid economic systems, digital economies, and emerging alternatives for sustainability and equity. By applying classical theories with present-day issues, the chapter emphasizes the significance of anthropological perspectives to explain the effects of economic systems on human conduct, social ties, and future values.
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