The Resource Stateless commerce : the diamond network and the persistence of relational exchange, Barak D. Richman
Stateless commerce : the diamond network and the persistence of relational exchange, Barak D. Richman
Resource Information
The item Stateless commerce : the diamond network and the persistence of relational exchange, Barak D. Richman represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in San Francisco Public Library.This item is available to borrow from 1 library branch.
Resource Information
The item Stateless commerce : the diamond network and the persistence of relational exchange, Barak D. Richman represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in San Francisco Public Library.
This item is available to borrow from 1 library branch.
- Summary
- In Stateless Commerce, Barak Richman uses the diamond industry to explore how ethnic trading networks operate and why they persist in the twenty-first century. How, for example, does the Forty-Seventh Street diamond district in midtown Manhattan--surrounded by skyscrapers and sophisticated financial institutions--continue to thrive as an ethnic marketplace that operates like a traditional bazaar? Conventional models of economic and technological progress suggest that such primitive commercial networks would be displaced by new trading paradigms, yet in the heart of New York City the old world persists. Richman's explanation is deceptively simple. Far from being an anachronism, Forty-Seventh Street's ethnic enclave is an adaptive response to the unique pressures of the diamond industry. Ethnic trading networks survive because they better fulfill many functions usually performed by state institutions. While the modern world rests heavily on lawyers, courts, and state coercion, ethnic merchants regularly sell goods and services by relying solely on familiarity, trust, and community enforcement--what economists call "relational exchange." These commercial networks insulate themselves from the outside world because the outside world cannot provide those assurances. Extending the framework of transactional cost and organizational economics, Stateless Commerce draws on rare insider interviews to explain why personal exchange succeeds, even as most global trade succumbs to the forces of modernization, and what it reveals about the limitations of the modern state in governing the economy.--
- Language
- eng
- Extent
- xvi, 217 pages
- Contents
-
- Statelessness in context
- A case study in statelessness: diamonds, the diamond network, and diamontaires
- The mechanics of statelessness
- A theory of statelessness
- The costs of statelessness: cartel behavior and resistance to change
- Lessons from statelessness: economic history, ethnic networks, and development policy
- Governing statelessness
- The limits of statelessness and an autopsy of cooperation
- Isbn
- 9780674972179
- Label
- Stateless commerce : the diamond network and the persistence of relational exchange
- Title
- Stateless commerce
- Title remainder
- the diamond network and the persistence of relational exchange
- Statement of responsibility
- Barak D. Richman
- Language
- eng
- Summary
- In Stateless Commerce, Barak Richman uses the diamond industry to explore how ethnic trading networks operate and why they persist in the twenty-first century. How, for example, does the Forty-Seventh Street diamond district in midtown Manhattan--surrounded by skyscrapers and sophisticated financial institutions--continue to thrive as an ethnic marketplace that operates like a traditional bazaar? Conventional models of economic and technological progress suggest that such primitive commercial networks would be displaced by new trading paradigms, yet in the heart of New York City the old world persists. Richman's explanation is deceptively simple. Far from being an anachronism, Forty-Seventh Street's ethnic enclave is an adaptive response to the unique pressures of the diamond industry. Ethnic trading networks survive because they better fulfill many functions usually performed by state institutions. While the modern world rests heavily on lawyers, courts, and state coercion, ethnic merchants regularly sell goods and services by relying solely on familiarity, trust, and community enforcement--what economists call "relational exchange." These commercial networks insulate themselves from the outside world because the outside world cannot provide those assurances. Extending the framework of transactional cost and organizational economics, Stateless Commerce draws on rare insider interviews to explain why personal exchange succeeds, even as most global trade succumbs to the forces of modernization, and what it reveals about the limitations of the modern state in governing the economy.--
- Assigning source
- Provided by publisher
- Cataloging source
- MH/DLC
- http://library.link/vocab/creatorName
- Richman, Barak
- Dewey number
- 381/.4573623
- Illustrations
- illustrations
- Index
- index present
- LC call number
- HF1008
- LC item number
- .R53 2017
- Literary form
- non fiction
- Nature of contents
- bibliography
- http://library.link/vocab/subjectName
-
- Exchange
- Statelessness
- Diamond industry and trade
- Consensual contracts
- Label
- Stateless commerce : the diamond network and the persistence of relational exchange, Barak D. Richman
- Bar code
- 31223125639410
- Bibliography note
- Includes bibliographical references and index
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- Statelessness in context -- A case study in statelessness: diamonds, the diamond network, and diamontaires -- The mechanics of statelessness -- A theory of statelessness -- The costs of statelessness: cartel behavior and resistance to change -- Lessons from statelessness: economic history, ethnic networks, and development policy -- Governing statelessness -- The limits of statelessness and an autopsy of cooperation
- Dimensions
- 25 cm
- Extent
- xvi, 217 pages
- Isbn
- 9780674972179
- Lccn
- 2016050799
- Media category
- unmediated
- Media MARC source
- rdamedia
- Media type code
-
- n
- Other physical details
- illustrations
- System control number
- (OCoLC)959649249
- Label
- Stateless commerce : the diamond network and the persistence of relational exchange, Barak D. Richman
- Bar code
- 31223125639410
- Bibliography note
- Includes bibliographical references and index
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- Statelessness in context -- A case study in statelessness: diamonds, the diamond network, and diamontaires -- The mechanics of statelessness -- A theory of statelessness -- The costs of statelessness: cartel behavior and resistance to change -- Lessons from statelessness: economic history, ethnic networks, and development policy -- Governing statelessness -- The limits of statelessness and an autopsy of cooperation
- Dimensions
- 25 cm
- Extent
- xvi, 217 pages
- Isbn
- 9780674972179
- Lccn
- 2016050799
- Media category
- unmediated
- Media MARC source
- rdamedia
- Media type code
-
- n
- Other physical details
- illustrations
- System control number
- (OCoLC)959649249
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sfpl.org/portal/Stateless-commerce--the-diamond-network-and-the/rCzScbizlRc/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sfpl.org/portal/Stateless-commerce--the-diamond-network-and-the/rCzScbizlRc/">Stateless commerce : the diamond network and the persistence of relational exchange, Barak D. Richman</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sfpl.org/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="https://link.sfpl.org/">San Francisco Public Library</a></span></span></span></span></div>
