Enrichment

Enrichment
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This book offers a major new account of modern capitalism and of the ways in which value and wealth are created today. Boltanski and Esquerre argue that capitalism in the West has recently undergone a fundamental transformation characterized by de-industrialization, on the one hand, and, on the other, by the increased exploitation of certain resources that, while not entirely new, have taken on unprecedented importance. It is this new form of exploitation that has given rise to what they call the ‘enrichment economy’. <br /> <br /> The enrichment economy is based less on the production of new objects and more on the enrichment of things and places that already exist. It has grown out of a combination of many different activities and phenomena, all of which involve, in their varying ways, the exploitation of the past. The enrichment economy draws upon the trade in things that are intended above all for the wealthy, thus providing a supplementary source of enrichment for the wealthy people who deal in these things and exacerbating income inequality.<br /> <br /> As opportunities to profit from the exploitation of industrial labour began to diminish, capitalism shifted its focus to expand the range of things that could be exploited. This gave rise to a plurality of different forms for making things valuable – valuing objects in terms of their properties is only one such form. The form that plays a central role in the enrichment economy is what the authors call the ‘collection form’, which values objects based on the gap they fill in a collection. This valuation process relies on the creation of narratives which enrich commodities.<br /> <br /> This wide-ranging and highly original work makes a major contribution to our understanding of contemporary societies and of how capitalism is changing today. It will be of great value to students and scholars in sociology, political economy and cultural studies, as well as to anyone interested in the social and economic transformations shaping our world.

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Luc Boltanski. Enrichment

CONTENTS

Figures

Guide

Pages

Enrichment. A Critique of Commodities

Acknowledgments

Translator’s Note

Foreword

What has happened?

Introduction

Notes

1 The Age of the Enrichment Economy. The deindustrialization of Western Europe

Old and new sites of prosperity

The omnipresence of enriched objects

The rise of luxury

Heritage creation

The development of tourism

The expansion of cultural activities

The art trade

Arles: from railroad shops to contemporary art exhibits

An economic reorientation toward the wealthy

Notes

2 Toward Enrichment. The characteristics of an enrichment economy

Dormant resources in the enrichment economy

Changes in French cultural policy

A new perspective in economic analysis

A shift to different scales

From ornamental patrimony to heritage creation

Local mutations in global capitalism

Partisans of things73

Notes

3 Commerce in Things

The commodity condition

On the circulation of things

Changing hands

The process of determination

Price and metaprice

Critiquing the price

Value as justification for a price

Price as an element in the construction of reality

Notes

4 Forms of Valuation. Structure and transformation group of forms of valuation

Analytic and narrative presentations of things

The problem of valuation by means of images

On the reproduction of things

Lacks, totalities, and scarcity

Institutions and forms of valuation

Structuralism and capitalism

Competition from a systemic viewpoint

Capitalism and markets

The role of the capacity to reflect

The structure of the forms of valuation

Notes

5 The Standard Form. The model for the standard form

The standard form and industrial production

Prototypes and specimens

The proliferation of things without persons

The internal tensions of the standard form

The unease created by the standard form

Notes

6 Standardization and Differentiation. The historical dimension of the forms of valuation

From trade in things to the circulation of commodities

The effect of standardization on the constitution of forms of valuation

Material economies, immaterial economies

Notes

7 The Collection Form. The modernity of the collection form

Systematic collection as an arrangement for valuation

Collectors’ items

Price and value of collectors’ items

The fields of collectables

The structure of the collection form

Notes

8 Collection and Enrichment. The usefulness of useless things

Collecting in thrall to marketing

Marketing as know-how for valorizing commodities

The narrative presentation

The constraints of the collection form for luxury objects

On the use of the collection form by luxury firms

From lumber to luxury goods: the transformation of the Pinault group into Kering

Capturing the wealth of the wealthiest

Values and prices of luxury product brands

Standard products with a “collector effect” and collectors’ items

The collection form and contemporary art

The contradiction of the enrichment economy

Notes

9 The Trend Form. Trend, sign, and distinction

The structure of the trend form

The economic constraints of the trend form

From the trend form to the collection form

Luxury and the constraints of the trend form from the standpoint of marketing36

Notes

10 The Asset Form. Characteristics of the asset form

Art objects as assets11

On the liquidity of things as assets

The commercial potential of assets

Notes

11 Profit in a Commercial Society. Competition and differentiation

Surplus work value and profit

Surplus market value and profit

Displacing commodities or displacing buyers

Shifts among forms of valuation

Profiting from the wealthy in the capitalist cosmos

Notes

12 The Enrichment Economy in Practice

An enriched village: Laguiole in Aubrac

The transformation of habitats through heritage creation

New “traditional festivals” in the village

Heritage creation around food

A landscape to contemplate

Cutlery valorized by the collection form

The “artisanal” manufacture of a knife in Laguiole

A collectable knife

Museification as a means of commercialization

The problem of the origin of materials

Distinguishing Laguiole’s knives from those made elsewhere

“A name, a brand, a village”

How the residents lost the ability to dispose freely of the name of their village

A geographic indication to “highlight the treasures of the territories”

Notes

13 The Shape of the Enrichment Society. The organization of things and persons

Who can profit from an enrichment economy?

“Losers” and “servants”

The return of “rentiers”

Notes

14 Creators in the Enrichment Society. The economic condition of culture workers

Self-promotion by creators

The constraint of self-exploitation

The circumstances behind the crystallization of social classes

Troubled critiques

Notes

Conclusion: Action and Structures. The enrichment economy and a critique of capitalism

On pragmatic structuralism

Notes

AppendixAn Experiment in Formalizing the Structures of Commodity Exchange

Some basic elements of the language of category theory

Definition 1

Definition 2

Definition 3

Definition 4

Definition 5

Definition 6

Definition 7

Forms of commodity valuations

The Standard Form

The Trend Form

The Collection Form

The Asset Form

Some comments on this formalization

Transitions between the forms

Possible openings

Notes

References

Index. A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

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Отрывок из книги

For Dominique

Translated by Catherine Porter

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In this spirit, many studies in the field of tourist management seek to highlight the “cultural assets” of a country such as France, where tourist facilities are expensive, so as to distinguish their own country from less expensive ones: not only those of the southern hemisphere, which are reputed, according to this marketing logic, to have “nothing to offer but sea and sun,” but also those of Southern Europe, which can boast of both cultural offerings and an attractive climate.62 To “mass tourism,” which has undergone a process of standardization inspired by industrial norms, marketing agencies thus contrast “cultural tourism,” associated with the definition of “world heritage,” whose conception and promotion have benefited from the interest of major international organizations – for example, UNESCO, the World Tourism Organization, and the International Council on Monuments and Sites (ICOMOS) – and which has been associated with the definition of “world heritage.”63 Constructed in opposition to “mass tourism,” which is denigrated on the basis of its indifference to “cultural” properties and the fact that, given a favorable climate, its touristic offerings can be realized almost anywhere provided sufficient investments are made, “cultural tourism” is supposed to add to the features generally associated with tourism – comfort, availability, and security – personal involvement and experience, a sense of adventure, surprises, unexpected encounters, and so on, characteristics that have nourished the imagery of “travel” since the Romantic era.64 Initially organized around the “cult” of “historical monuments,” seen as concentrations of culture, the notion of cultural tourism has been extended to a much broader range of places by the use of the term “culture” in a sense close to the one it has in ethnology and folklore studies. According to that logic, attested by the Cultural Tourism Charter developed by ICOMOS in 1999 (replacing the 1976 charter focused on monumentality), cultural tourism is linked to an expansive definition of patrimony, so that it now includes “all aspects considered proper to a society and an environment,” with a stress on the themes of diversity (including biodiversity) and identity.65

The marketing of cultural tourism has closely followed this institutional turn, and it is no longer oriented exclusively toward officially recognized sites or “monuments”; while these have the advantage of making it less possible to substitute other products for those on offer and thus limiting the competition, they are relatively few in number. Tourist agencies have definitively expanded the term “culture.” Thus, in a brochure published by the Malaga Chamber of Commerce designed to promote cultural tourism in the Mediterranean region, we find this definition: “Cultural tourism means traveling to places that are different from one’s usual residence, motivated by the desire to know, understand, and study other cultures: a voyage rich in experiences through cultural activities.”66 In the case of international tourism, one of the goals of cultural tourism is to increase the proportion of profits that go to service providers from the destination country in relation to the proportion destined for the companies – generally based in the country of origin – that organize the trip or the visit. While a tourist staying in a vacation camp or traveling entirely under the auspices of an international tourism company contributes little to the destination country, tourists seeking “authentic” cultural experiences must move about in a more autonomous fashion, so that their expenses will be distributed throughout the territory they visit.

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