Exchange Value

Art History ◽  
2021 ◽  
Vol 44 (4) ◽  
pp. 861-863
Author(s):  
Niko Vicario
Keyword(s):  
Author(s):  
Timothy D. Taylor

This article is based on an ethnographic study of the independent (indie) rock scene in the east side Los Angeles neighborhood of Echo Park. There is very little money derived from music circulating in this scene (musicians are routinely paid only about $35–40 for a show), and musicians, indie label owners, and others attach symbolic values to certain amounts of money, which are viewed in terms of what they can help the musicians purchase, such as gas for the band’s van. People in the scene also produce and exchange value in a number of ways that aren’t capitalist, from generalized reciprocity to several forms of patronage. This article ultimately argues that scenes such as this are simultaneously maintained and destroyed by capitalism: maintained because capitalism needs a reserve army of those who operate outside of it but destroyed because such scenes are deprived of their ability to reproduce themselves given how little money circulates.


2021 ◽  
Vol 70 (3) ◽  
pp. 665-696
Author(s):  
Alison Xu

AbstractThis article explores a solution to the choice-of-law issues concerning both voluntary and involuntary assignments arising in a domestic forum. The focus is on English private international law rules relating to cross-border assignments. A distinction is made between primary and extended parties as the foundation for choice-of-law analysis. Drawing on insights from the distinction of the use value and exchange value of debts found in economics, this article proposes a new analytical framework for choice-of-law based on a modified choice-of-law theory of interest-analysis.


1896 ◽  
Vol 4 (2) ◽  
pp. 208-239
Author(s):  
Henry W. Stuart
Keyword(s):  

Author(s):  
Zuzana Sarvašová ◽  
Miroslav Kovalčík ◽  
Zuzana Dobšinská ◽  
Jaroslav Šálka ◽  
Vilém Jarský

AbstractThis literature review deals with the understanding of ecosystem services related to the question of their applicability and appropriate methods for their valuation. We distinguish between ecological valuation methods that aim to assess the significance of landscape characteristics, conventional economic, i.e. monetary valuation and non-monetizing valuation or assessment. Ecological evaluation methods derive values by following a cost of production approach which neglects consumer preferences. Economic valuation methods focus on the exchange value of ecosystem services, i.e. they are based on consumer preferences, but do not adequately take into account the complex internal structure of ecosystems. We conclude that – from the view of implementation of ecosystem services for policy support and consulting – successful valuation approaches should particularly consider the relationships between economic, ecological and social aspects of ecosystem services’ provision.


2021 ◽  
Vol 4 ◽  
Author(s):  
Felix Fritsch ◽  
Jeff Emmett ◽  
Emaline Friedman ◽  
Rok Kranjc ◽  
Sarah Manski ◽  
...  

The re-emergence of commoning over the last decades is not incidental, but rather indicative of a large-scale transition to a more “generative” organization of society that is oriented toward the planet’s global carrying capacity. Digital commons governance frameworks are of particular importance for a new global paradigm of cooperation, one that can scale the organization of communities around common goals and resources to unprecedented levels of size, complexity and granularity. Distributed Ledger Technologies (DLTs) such as blockchain have lately given new impetus to the emergence of a new generation of authentic “sharing economy,” protected from capture by thorough distribution of power over infrastructure, that spans not only digital but also physical production of common value. The exploration of the frontiers of DLT-based commoning at the heart of this article considers three exemplary cases for this new generation of commons-oriented community frameworks: the Commons Stack, Holochain and the Commons Engine, and the Economic Space Agency. While these projects differ in their scope as well as in their relation to physical common-pool resources (CPRs), they all share the task of redefining markets so as to be more conducive to the production and sustainment of common value(s). After introducing each of them with regards to their specificities and commonalities, we analyze their capacity to foster commons-oriented economies and “money for the commons” that limit speculation, emphasize use-value over exchange-value, favor equity in human relations, and promote responsibility for the preservation of natural habitats. Our findings highlight the strengths of DLTs for a federated scaling of CPR governance frameworks that accommodates rather than obliterates cultural differences and creates webs of fractal belonging among nested communities.


2010 ◽  
Vol 16 (3) ◽  
pp. 425-435 ◽  
Author(s):  
John Hatzinikolakis ◽  
Joanna Crossman

AbstractThe concept of ‘emotional labour’ is concerned with occasions when feelings are managed to create publically observable emotions in organizational settings in ways that involve them being ‘sold for a wage’ and therefore taking on an ‘exchange value’ (Hochschild (1983: 7). Drawing on an in-depth literature review, this paper explore grounds for arguing that business academics in Australia are experiencing emotional labor. The authors consider the application of findings concerned with emotional labor in a variety of occupations in relation to the context of university business schools. More specifically, they discuss how two decades of increasing marketisation, commercialisation and service orientated university practices may have contributed to emotional labor in Australian university business schools. The paper draws two conclusions. Firstly, educational managers need to be better informed about the positive and negative implications of emotional labor so that they can develop appropriate strategies, guidelines and workplace environments at the organizational level. Secondly, that a review of the literature suggests that empirical research is warranted in order to address the question posed in the title of the paper.


2021 ◽  
Vol 7 (2) ◽  
pp. 135
Author(s):  
Andini Nurwulandari ◽  
Hasanudin Hasanudin ◽  
Ari Jatmiko Setiyo Budi

<p><em>This research aims to find out the influence of interest rate, exchange rate, world gold price, Dow Jones Index, AEX Index, DAX Index, and Shanghai Index on the LQ45 Index at the Indonesia Stock Exchange from 2012 through 2018 using the ARCH/GARCH model as the method of analysis.  The result of the test shows that the exchange rate had a significant negative influence, Dow Jones Index, AEX Index, and DAX Index had a significant positive influence on the LQ45 index, while the interest rate and world gold price had a non-significant negative influence and the Shanghai Index had a non-significant positive influence on the LQ45 index.</em></p>


2021 ◽  
Vol 84 (2) ◽  
pp. 177-191
Author(s):  
Andrii Hirniak ◽  
Halyna Hirniak

The article is devoted to the problem of psychological filling with content the quality of higher education and the effectiveness of developmental interaction of its participants in the conditions of modern information society. Innovative modular-developmental interaction is considered as a complex subject of socio-psychological and educational-pedagogical research, which requires a separate scientific study and is presented simultaneously in several perspectives of psychological cognition: a) philosophical-analytical (from a concept to the category); b) methodological (from explanatory approaches to the author’s model); c) theoretical-psychological (from the designed model to the holistic knowledge system); d) instrumental-psychological (from educational scenarios and modular educational-book complexes to psychological methods and techniques of its implementation). For an empirical study of the effectiveness of modular-developmental interaction we have substantiated a number of psychological variables (innovations) on a well-established and systematically reflected basis, one of the differentiation dimensions of which were the types of developmental exchange (information-knowledge exchange, normative-business exchange, value-semantic self-exchange, spiritual-semantic superexchange), and the other one – innovation-psychological conditions of fundamental experimentation, in particular, groups of conditions for creating an innovation-psychological climate at HEI ((higher education institution) organizational-psychological, developmental-psychological, program-methodical (including psycho-artistic) and expert-psychological). Based on the methodological definition of these two criterion-based and logically differentiated vectors, a table-matrix is created, the internal content of which is a system of interrelated 16 psychological variables of a complexly structured psychological-pedagogical experiment. Each of these variables is characterized by empirical specificity of psychological content, and together they form a holistic functional field of experimental activity concerning practical verification of the effectiveness of initiated changes and the system of proposed innovations.


2016 ◽  
Vol 21 (4) ◽  
pp. 429-447 ◽  
Author(s):  
Laurence Coderre

This article examines the discourse surrounding the collection of Cultural Revolution memorabilia in the contemporary People’s Republic of China. The author focuses on the emergence of three key discursive figures: the collector/curator, the collector/investor, and the collector as dupe. At issue in the construction of each of these figures is the unsettling force of consumer desire, its ethics and negotiation. In the case of the curator and investor, the author considers the mechanisms through which consumer desire is decentered in the name of historical responsibility and exchange value, respectively. These mechanisms of deferral are contrasted to the often nostalgic desire embodied by the dupe, but this figure and his or her consumer desire are in fact crucial to the discourse of collection as a whole. Indeed, despite claims to the contrary, the dupe bespeaks an enduring quest for a mode of interaction between person and thing outside the bounds of commodity exchange.


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