Stateless Commerce : The Diamond Network and the Persistence of Relational Exchange / Barak D. Richman.

Format:

Book

Author/Creator:

Richman, Barak D., author.

Language:

English

Subjects (All):

Exchange--New York (State)--New York.

Exchange.

Statelessness.

Diamond industry and trade--New York (State)--New York.

Diamond industry and trade.

Consensual contracts--Social aspects--New York (State)--New York.

Consensual contracts.

Physical Description:

1 online resource (237 pages) : illustrations

Place of Publication:

Cambridge, MA : Harvard University Press, [2017]

Language Note:

In English.

Summary:

How does Manhattan's 47th Street diamond district thrive as an ethnic marketplace without lawyers, courts, and state coercion? Barak Richman draws on insider interviews to show why relational exchange based on familiarity, trust, and community enforcement succeeds and what it reveals about the modern state's limitations in governing the economy.

Contents:

Frontmatter

Contents

Preface

1. Statelessness in Context

2. A Case Study in Statelessness: Diamonds, the Diamond Network, and Diamontaires

3. The Mechanics of Statelessness

4. A Theory of Statelessness

5. The Costs of Statelessness: Cartel Be hav ior and Re sis tance to Change

6. Lessons from Statelessness: Economic History, Ethnic Networks, and Development Policy

7. Governing Statelessness

8. The Limits of Statelessness and an Autopsy of Cooperation

Notes

References

Index

Notes:

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 13. Sep 2017)

ISBN:

9780674977273

0674977270

9780674977266

0674977262

OCLC:

984651806