Professional Documents
Culture Documents
2262-24 Consuming Global Commodities
2262-24 Consuming Global Commodities
• A few reminders.
• A little more about gold (and bananas)
• Today’s question: Why is coffee one of the world’s most
popular beverages? (CC:19)
• A little more on extensification.
• Second wave coffee and coffeehouses.
• Third wave coffee and your reflections on what makes the
things we buy more or less valuable.
• A question to think about over the coming week …
Reminders
• Midterm on Feb 28th in this room.
• See midterm info doc sent around on OWL.
• Questions?
• For next week please be sure complete Quiz for Week 6
before class. It will be available today after class.
• FOUR questions, not two.
• Need help? Have a question?
• Don’t hesitate to talk to me during the break.
• awalsh33@uwo.ca
A few changes …
• If I can – microphone. If not, feel free to sit closer.
• Quizzes will have more than just 2 questions – starting
with next week’s quiz.
• I will go through some of the questions/answers in
class.
• Your lowest quiz grade will be dropped. That is, I will
count only 4 of your 5 quizzes.
• More engagement?
Your
reflections
RECALL: Understanding global commodity
chains from an anthropological perspective?
1. The features of what is
being produced.
2. Systems of trade and the
kinds of work and social
relations they require.
3. Historical circumstances.
Like/Unlike?
Like/Unlike?
According to someone in class: X brand is “it is just the gold
standard for golf balls and it is hard to debate otherwise”
Gold: a mined substance
of great significance
through human history …
• As currency – a standard means for
enabling exchange.
• As symbolic of wealth, power,
status, prosperity, luxury, etc.
• As symbolic of the transcendent –
sacredness, purity, divinity,
immortality.
• As investment or store of value,
especially in times of perceived
crisis.
• In technology – good conductor of
electricity and resistant to corrosion.
Where does gold come from? (mostly, large
scale mines like this one …
But … RECALL
“Gold Glimmers in the Amazon”, from
Sapiens
• ASM (Artisanal and Small-scale Mining) accounts
for up to 20% of new gold being produced today.
• ASM for gold employs up to 20 million people
around the world, including the Amazon and
Madagascar.
• ASM work is mostly “informal”, if not “illegal”,
according to national and international
authorities.
• Sapiens article: Are outsiders’ understandings
of ASM in Amazonia as “violent and lawless”
accurate?
Like/Unlike?
• Gold is sourced all over the world.
Unlike bananas … • The world’s largest producers engage
mostly in LSM or “large scale (industrial)
mining” of gold.
• Gold is relatively rare and
irreplaceable – there is only so much
gold to be had.
• Gold is both malleable and durable.
• The price of gold fluctuates
considerably.
• Most buyers of gold use it in ways
that do NOT destroy its “exchange
value”.
According to artisanal miners in Madagascar,
how is gold unlike sapphires or rose quartz?
Like bananas …
• Consumers are generally more
concerned with the standardized
quality (measured by karat) of the gold
they buy than with where it comes
from.
• Gold entangles people around the
world in commodity markets governed
by forces beyond their control.
• As discussed last week with regard to
bananas, and as Tucker writes about
coffee: “Producers must accept the
prices offered in the market, and face
hardship when prices fall.”
What is the
“use value”
of gold?
The “use value” of a $100 donut?
“Conspicuous consumption”
• Idea introduced by Sociologist
Thorstein Veblen (late 19thC).
• Used to describe the common practice
of consuming “luxury commodities” as
a way of demonstrating economic
power to others.
• Supports the development or
maintenance of status in a context in
which it is meaningful.
Would you rather?
Would
you pay
more or
less?
Why pay more?
• I am willing to spend more if the product has long-term usage and can
cut down any other downside.
• I am willing to spend more to enjoy my meal better than I would with
a cheaper sauce.
• I finally made the purchase at a store in Toronto, where even the sales
assistant who helped me select the colour and size affirmed, "it's a
great investment".
• I have a really bad habit of seeing two of the exact same item, seeing
a nice logo on one, and choosing to purchase that one. I will often
convince myself that the material is better and will last longer in order
to justify the cost, even though I have no evidence of that.
• Generally speaking, I tend to go for the
Why pay less? higher priced brands because I know
that the quality is better and it will
clean up messes more efficiently.
Although changing brands to a cheaper
alternative would save me a few dollars
upfront I think the value of investing a
little more money to get a higher
quality roll is worth it in the long run.
• I don't care much about the paper
towels I use since they are only good
for one use and I have to throw it out
anyways.
• Is this “conspicuous consumption” as
Veblen envisioned it?
Would you rather?
“Standing here, viewing this
gold at the end of extraction and
the beginning of a global circuit,
and looking at the hopeful but
haggard faces of the miners and
the ravaged landscape beyond,
the absurdity of the situation
comes into sharp focus. All of
this was done not for food, fuel,
or anything that directly satisfies
human needs, but for a shiny
metal … [G]old is valuable only
because we say it is.”
From “Gold Glimmers in the
Amazon”, Sapiens.
The point?