precapitalist
- noun
- /priːˈkæpɪtəlɪst/
- The establishment of appropriate legal systems takes time, particularly when they must support rapid economic transition, from command to market systems, or from a precapitalist to a fully capitalist economy.
- precapitalist societies
Examples
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My contention is that prior to the Revolutionary War, the economic modalities... especially in the southern colonies... could most aptly be characterized as... - agrarian precapitalist.
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As he points out, "the logic of precapitalist economies lives on" (Bourdieu 1980: 261; my emphasis) in certain enchanted and allegedly disinterested domains, such as the market for symbolic goods, where social capital cannot be fully objectified.
Academic text (1996) -
In short, even though "precapitalist" societies have an economy, it is an economy "in itself" rather than "for itself" -- the implication being that the participants are not aware, much less in control of it.
Academic text (1996) -
It is more or less in these terms, according to the advocates of dereification, that the contrast between gift and commodity exchange was established as an essential difference between "precapitalist" and capitalist societies, respectively.
Academic text (1996) -
By contrast, some would say stark contrast, in "precapitalist" societies, exchange and production remain firmly embedded in the wider network of social relations, which, as Sahlins suggests above, is usually dominated by kinship.
Academic text (1996) -
Many scholars study the economic structures of precapitalist societies to understand their social relations and production methods.
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The transition from a precapitalist economy to capitalism often involves significant changes in labor and trade practices.
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Anthropologists often examine the rituals and exchanges in precapitalist societies to reveal how social bonds were formed.
Surface Forms
Etymology
Precapitalist comes from pre- 'before' and capital 'money', like the word capitalism. So a precapitalist society or period is one that existed before private money and markets shaped how people organised their work and land.
