Individual Entry
« Sometimes.. | Blog Home | Will the great Indian family survive »

June 19, 2006

Image of Limited Good

Excerpt from Register's small article-note -- What cultures don't share Western economic values? -- a view from George Foster, the late anthropologist at the University of California at Berkeley

In his A Primitive Mexican Economy (1942) and in later works such as Empire's Children: The People of Tzintzuntzan (1973), Foster wrote of Mexican villagers who believed that, quite the opposite of how we are led to think, all things that are good (wealth, health, good fortune, luck, and happiness) are fixed and finite within the community.

"Good" is limited in quantity, hence the "image of limited good". Given this belief, all individuals are entitled to their fair share. If one individual has far more than their fair share, for whatever reason, this is viewed as immoral. Such a person would be regarded as selfish, an improper citizen, and more or less a community vandal or thief.

With the belief of the "image of limited good", these Mexican villagers would therefore condemn as immoral many of our Western economic and business practices and social behaviors. Among these would be our allowance of the amassing of great fortunes whilst others are poor, the driving of business rivals into bankruptcy, the unwillingness of many to be charitable in heart as well as mind. The list goes on.

Applies to India as well, I guess!


TrackBack URL for this entry:


It is one of the most impressive blog that I have ever read. It is really good to see such an amazing site online. I would say that there is no other site in the internet with so much of information.

The site is somewhat similar to Rotten Tomatoes, but the scoring results sometimes differ very drastically, due to Metacritic's method of scoring that converts each review into a percentage before taking a weighted average and listing different numbers of reviews. Thanks.

I really enjoyed this great post that you have offered for us. I assure that this would be useful for most of the individuals.

A silk top is a great addition to any wardrobe. It is not only a terrific professional look, but also works well for an evening out. Often the best solution for keeping the color and look of your blouse is to have it dry cleaned, but many silks these days can be handwashed. To save yourself the time and expense of a trip to the dry cleaners, see if your blouse can be hand washed. If it can, roll up your sleeves to get your blouse clean and ready for its next wear.

The difference between the value to the consumer and the market price is called consumer surplus. It is easy to see situations where the actual value is considerably larger than the market price: purchase of drinking water is one example. Thanks.

A must read article. Wish I could bought his book.

Master pages are templates used to automatically copy or link elements and graphic design styles to some or all the pages of a multipage document. Linked elements can be modified without having to change each instance of an element on pages that use the same element. Master pages can also be used to apply graphic design styles to automatic page numbering. Thank you.

Post a comment

display("mt:67"); ?>


Get Blog posts as a feed - Atom, RSS2, or RSS1
Powered by
Movable Type 3.33