International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Open Access | Fully Refereed | Peer Reviewed

ISSN: 2319-7064




Downloads: 2

Short Communication | Anthropology Science | India | Volume 10 Issue 7, July 2021


The Sacred Economy (An Anthropological Enquiry into the Development of Economic Relations and their Social Embodiment)

Vrnda Dhar, Dr. Ankur Yadav


Abstract: All modern economic machineries are premised upon the tenets of the phenomenon of gift-exchange. Gift exchange and its constituent archetypes that have been observed in primordial societies, exist and breathe life into capitalist institutions that the post-modern and post- industrialist world is familiar with. Such parallels can be understood better when one furthers Marcel Mauss? obligations of exchange i.e. the obligation to give, the obligation to receive and the obligation to reciprocate. While upholding commitments in an economic capacity between several parties, the object of gift-exchange assumes a personality of its own wherein it exhibits an uncanny resemblance to that of its giver or receiver. It marks the beginning of social embeddedness and social embodiment of an exchange, wherein it transcends its existence as a mere reservoir of currencies. It starts exuding moments of honor, reverence and prestige, caressing its direct implications upon one?s self-concept and how one?s perceived. This phenomenon of social embodiment is especially defined by the prevalence of myths and magic, religious connotations, sacrificial processions and most significantly, divinization which translates an economic exchange into a sacred one.


Keywords: Gift-Exchange, Social Relationships, Symbolization, Collective Consciousness, Spiritual, Total Prestation, Potlatch, Kuka, Magical Rites, Ceremonial Exchange, Economic Trading, Gimwali, Vaygu?a, Mwali, Competition, Rivalry, Monetary Signs, Capital Accumulation, Capitalism, Exchange-Value, Dehumanize


Edition: Volume 10 Issue 7, July 2021,


Pages: 1171 - 1174


How to Cite this Article?

Vrnda Dhar, Dr. Ankur Yadav, "The Sacred Economy (An Anthropological Enquiry into the Development of Economic Relations and their Social Embodiment)", International Journal of Science and Research (IJSR), https://www.ijsr.net/get_abstract.php?paper_id=SR21722115635, Volume 10 Issue 7, July 2021, 1171 - 1174

How to Share this Article?

Enter Your Email Address


Similar Articles with Keyword 'Spiritual'

Downloads: 66

Research Paper, Anthropology Science, Ivory Coast, Volume 9 Issue 3, March 2020

Pages: 986 - 991

Social Characterization of Morbidities and Complications Related to Maternity: Case of the Baoule-Oualebo of Sakassou

EKRA Amenan Marie-Noelle, ABE N'Doumy Noel

Share this Article

Downloads: 63

Research Paper, Anthropology Science, Bangladesh, Volume 10 Issue 1, January 2021

Pages: 1027 - 1033

Socio-Cultural Perception and Interpretation of Health and Illness: A Study in the Korail Slum of Dhaka City

Farid Uddin, Nushrat Jahan

Share this Article
Top