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Oikos and surplus: the search for an anthropological economics

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  • Stanley, Isaac

Abstract

This paper, building on recent contributions from Cesaratto and Di Bucchianico, explores the possibilities offered by an ‘anthropological economics’. De L’Estoile has highlighted economic anthropology’s problematic tendency to self-define in opposition to the study of ‘modern’ economy, and the risks of depoliticisation engendered by a reliance on the category of the ‘economic’. As an alternative, he proposes an anthropology of oikonomia — the practices and imaginaries through which people ‘govern the house’ (oikos), and strive for a ‘good life’. But does grappling with oikonomia require moving beyond the ‘economic’ altogether? An ‘anthropological economics’ approach may provide a pathway through these problems. Synthesising elements of substantivism and the classical surplus approach, ‘anthropological economics’ aims to illuminate the ways in which political, social and moral practices and ideas shape distribution. At its heart, then, is an inquiry into the relationship of oikonomia and production — of oikos and surplus. For illustration, the paper considers applications of an anthropological economics approach to two important topics: capitalist penetration in (post)colonial contexts, and crises of social reproduction in post-industrial societies. It concludes by considering the relevance of anthropological economics to the broader struggle for a ‘human economy’, directed towards human wellbeing rather than merely material abundance.

Suggested Citation

  • Stanley, Isaac, 2025. "Oikos and surplus: the search for an anthropological economics," LSE Research Online Documents on Economics 127135, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:127135
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    File URL: http://eprints.lse.ac.uk/127135/
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    References listed on IDEAS

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    1. Antonella Picchio, 2015. "A Feminist Political-Economy Narrative Against Austerity," International Journal of Political Economy, Taylor & Francis Journals, vol. 44(4), pages 250-259, October.
    2. Graeber, David, 2021. "All economies are ultimately human economies," LSE Research Online Documents on Economics 114919, London School of Economics and Political Science, LSE Library.
    3. Sergio Cesaratto & Stefano Di Bucchianico, 2021. "The Surplus Approach, the Polanyian Tradition, and Institutions in Economic Anthropology and Archaeology," Annals of the Fondazione Luigi Einaudi. An Interdisciplinary Journal of Economics, History and Political Science, Fondazione Luigi Einaudi, Torino (Italy), vol. 55(1), pages 185-216, June.
    4. Sergio Cesaratto, 2019. "Heterodox economics and Economic Anthropology: reflections prompted by two books," Department of Economics University of Siena 807, Department of Economics, University of Siena.
    5. Felipe Antunes de Oliveira & Ingrid Harvold Kvangraven, 2023. "Back to Dakar: Decolonizing international political economy through dependency theory," Review of International Political Economy, Taylor & Francis Journals, vol. 30(5), pages 1676-1700, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economic anthropology; surplus approach; Sraffa; capitalist penetration; social reproduction;
    All these keywords.

    JEL classification:

    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • B54 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Feminist Economics
    • F54 - International Economics - - International Relations, National Security, and International Political Economy - - - Colonialism; Imperialism; Postcolonialism
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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