From Gift To Commodity

In this rich interdisciplinary study, Hildegard Hoeller argues that nineteenth-century American culture was driven by and deeply occupied with the tension between gift and market exchange. Rooting her analysis in the period's fiction, she shows how American novelists from Hannah Foster to Frank Norris grappled with the role of the gift based on trust, social bonds, and faith in an increasingly capitalist culture based on self-interest, market transactions, and economic reason. Placing the notion of sacrifice at the center of her discussion, Hoeller taps into the poignant discourse of modes of exchange, revealing central tensions of American fiction and culture.

Three hundred years ago people made most of what they used, or got it in trade from their neighbours. Now, no one seems to make anything, and we buy what we need from shops. Gifts and Commodities describes the cultural and historical process of these changes and looks at the rise of consumer society in Britain and the United States. It investigates the ways that people think about and relate to objects in twentieth-century culture, at how those relationships have developed, and the social meanings they have for relations with others. Using aspects of anthropology and sociology to describe the importance of shopping and gift-giving in our lives and in western economies, Gifts and Commodities: * traces the development of shopping and retailing practices, and the emergence of modern notions of objects and the self * brings together a wealth of information on the history of the retail trade * examines the reality of the distinctions we draw between the impersonal economic sphere and personal social sphere * offers a fully interdisciplinary study of the links we forge between ourselves, our social groups and the commodities we buy and give.

Time and Commodity Culture is a detailed and theoretically sophisticated account of the cultural systems of postmodernity. Through a series of four linked essays on postmodern theory, tourism, gift exchange and commodity exchange, and the social organization of memory, it explores some of the implications of the commodification of culture for the contemporary and postmodern world.

The next bull market is here. It’s not in stocks. It’s not in bonds. It’s in commodities - and some smart investors will be riding that bull to record returns in the next decade. Before Jim Rogers hit the road to write his best-selling books Investment Biker and Adventure Capitalist, he was one of the world’s most successful investors. He co-founded the Quantum Fund and made so much money that he never needed to work again. Yet despite his success, Rogers has never written a book of practical investment advice - until now. In Hot Commodities, Rogers offers the low-down on the most lucrative markets for today and tomorrow. In late 1998, gliding under the radar, a bull market in commodities began. Rogers thinks it’s going to continue for at least fifteen years - and he’s put his money where his mouth is: In 1998, he started his own commodities index fund. It’s up 165% since then, with more than $200 million invested, and it’s the single-best performing index fund in the world in any asset class. Less risky than stocks and less sluggish than bonds, commodities are where the money is - and will be in the years ahead. Rogers’s strategies are simple and straightforward. You can start small - a few thousand dollars will suffice. It’s all about putting your money into stuff you understand, the basic materials of everyday life, like copper, sugar, cotton, corn, or crude oil. Once you recognize the cyclical and historical trading patterns outlined here, you’ll be on your way. In language that is both colourful and accessible, Rogers explains why the world of commodity investing can be one of the simplest of all - and how commodities are the bases by which investors can value companies, markets, and whole economies. To be a truly great investor is to know something about commodities. For small investors and high rollers alike, Hot Commodities is as good as gold . . . or lead, or aluminium, which are some of the commodities Rogers says could be as rewarding for investors.

Commodities have become an important component of many investors' portfolios and the focus of much political controversy over the past decade. This book utilizes structural models to provide a better understanding of how commodities' prices behave and what drives them. It exploits differences across commodities and examines a variety of predictions of the models to identify where they work and where they fail. The findings of the analysis are useful to scholars, traders and policy makers who want to better understand often puzzling - and extreme - movements in the prices of commodities from aluminium to oil to soybeans to zinc.