Bypassing globalization: Barter markets as a new indigenous economy in Peru

Alejandro Argumedo, Michel Pimbert

Research output: Contribution to journalArticlepeer-review

16 Citations (Scopus)

Abstract

Many in development are disenchanted with the concept of sustainable development, which perpetuates the idea of infinite growth and overreliance on markets for improved well-being. Alejandro Argumedo and Michel Pimbert explore the non-monetized barter markets developed by the Quechua peoples of the Peruvian Andes. They reflect the local philosophy of social reciprocity and ecological equilibrium and can inspire others seeking to support local food sovereignty, ecological diversity and economies based on solidarity rather than greed.

Original languageEnglish
Pages (from-to)343-349
Number of pages7
JournalDevelopment
Volume53
Issue number3
DOIs
Publication statusPublished - Sep 2010
Externally publishedYes

Keywords

  • barter markets
  • buen vivir
  • development
  • reciprocity
  • solidarity economy

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Development

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