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What is Formalist vs. Substantivist Debate in Anthropology about?

The Formalist-Substantivist Debate in economic anthropology centers on whether Western economic concepts can be applied to all societies, particularly non-industrial ones. Substantivists, like Karl Polanyi, argue that economies are embedded in social institutions and should be studied in that context, while Formalists believe that all humans use logic and rationality in economic decision-making, regardless of culture. Ultimately, the debate led to new perspectives in anthropology, including Marxist and femi

Author

rainanivedita2004

Language

EN