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Resumo

George Dalton's "Primitive Money" explores the nature and function of money in non-industrial societies, challenging the conventional Western economic understanding of money. He argues against the universal applicability of formal economic models based on market exchange and price mechanisms. Dalton differentiates between "primitive" and "modern" money, highlighting how the former is often embedded in social and ritual contexts, serving functions beyond mere economic exchange. He examines various forms of primitive money, such as shells, cattle, and specialized objects, demonstrating how their value is often determined by social status, kinship obligations, and ceremonial importance. The article emphasizes the importance of understanding the socio-cultural context to grasp the true meaning and function of money in these societies.

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