Commodity Pathway Diversion
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Commodity Pathway Diversion
A commodity pathway diversion is the ability of an object to move in and out of the "commodity state" over the course of its use life. Diversions can occur when an object is removed from its commodity pathway for its protection and preservation, or when a previously removed object is commoditized through reentry into the commodity pathway after having gained value through its absence. Diversion is an integrated part of the commodity pathway. Commodity Flows Rather than emphasize how particular kinds of objects are either gifts or commodities to be traded in restricted spheres of exchange, Arjun Appadurai and others began to look at how objects flowed between these spheres of exchange. They refocussed attention away from the character of the human relationships formed through exchange, and placed it on "the social life of things" instead. They examined the strategies by which an object could be "singularized" (made unique, special, one-of-a-kind) and so withdrawn from the market. ...
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Wedding Rings
A wedding ring or wedding band is a finger ring that indicates that its wearer is married. It is usually forged from metal, traditionally gold or another precious metal. Rings were used in ancient Rome during marriage, though the modern practice of exchanging rings during weddings has a Christian origin. Depending on the culture, a wedding ring is typically worn on the base of the left ring finger; if the wearer is left-handed, often it will go onto the right hand. The ring finger is widely claimed to be associated with the traditional belief known as ''vena amoris'' ("vein of love"). Many spouses wear their wedding rings day and night, causing an indentation in the skin that is visible even when the ring is removed. History The Western traditions of wedding rings can be traced to ancient Rome and Greece, and were first associated with the marital dowry and later with a promise of fidelity. The modern exchange of rings derived from the customs of Europe in the Middle Ages a ...
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Taste (sociology)
In sociology, taste or palate is an individual or a demographic group's subjective preferences of dietary, design, cultural and/or aesthetic patterns. Taste manifests socially via distinctions in consumer choices such as delicacies/beverages, fashions, music, etiquettes, goods, styles of artwork, and other related cultural activities. The social inquiry of taste is about the arbitrary human ability to judge what is considered beautiful, good, proper and valuable. Social and cultural phenomena concerning taste are closely associated to social relations and dynamics between people. The concept of social taste is therefore rarely separated from its accompanying sociological concepts. An understanding of taste as something that is expressed in actions between people helps to perceive many social phenomena that would otherwise be inconceivable. Aesthetic preferences and attendance to various cultural events are associated with education and social origin. Different socioeconom ...
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William Morris
William Morris (24 March 1834 – 3 October 1896) was a British textile designer, poet, artist, novelist, architectural conservationist, printer, translator and socialist activist associated with the British Arts and Crafts Movement. He was a major contributor to the revival of traditional British textile arts and methods of production. His literary contributions helped to establish the modern fantasy genre, while he helped win acceptance of socialism in ''fin de siècle'' Great Britain. Morris was born in Walthamstow, Essex, to a wealthy middle-class family. He came under the strong influence of medievalism while studying Classics at Oxford University, there joining the Birmingham Set. After university, he married Jane Burden, and developed close friendships with Pre-Raphaelite artists Edward Burne-Jones and Dante Gabriel Rossetti and with Neo-Gothic architect Philip Webb. Webb and Morris designed Red House in Kent where Morris lived from 1859 to 1865, before moving t ...
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Fountain (Duchamp)
''Fountain'' is a readymade sculpture by Marcel Duchamp in 1917, consisting of a porcelain urinal signed "R. Mutt". In April 1917, an ordinary piece of plumbing chosen by Duchamp was submitted for an exhibition of the Society of Independent Artists, the inaugural exhibition by the Society to be staged at The Grand Central Palace in New York. When explaining the purpose of his readymade sculpture, Duchamp stated they are "everyday objects raised to the dignity of a work of art by the artist's act of choice." In Duchamp's presentation, the urinal's orientation was altered from its usual positioning.Gavin Parkinson, ''The Duchamp Book: Tate Essential Artists Series''
Harry N. Abrams, 2008, p. 61,

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Andy Warhol
Andy Warhol (; born Andrew Warhola Jr.; August 6, 1928 – February 22, 1987) was an American visual artist, film director, and producer who was a leading figure in the visual art movement known as pop art. His works explore the relationship between artistic expression, advertising, and celebrity culture that flourished by the 1960s, and span a variety of media, including painting, silkscreening, photography, film, and sculpture. Some of his best-known works include the silkscreen paintings '' Campbell's Soup Cans'' (1962) and ''Marilyn Diptych'' (1962), the experimental films ''Empire'' (1964) and ''Chelsea Girls'' (1966), and the multimedia events known as the '' Exploding Plastic Inevitable'' (1966–67). Born and raised in Pittsburgh, Warhol initially pursued a successful career as a commercial illustrator. After exhibiting his work in several galleries in the late 1950s, he began to receive recognition as an influential and controversial artist. His New York studio, ...
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Dada
Dada () or Dadaism was an art movement of the European avant-garde in the early 20th century, with early centres in Zürich, Switzerland, at the Cabaret Voltaire (Zurich), Cabaret Voltaire (in 1916). New York Dada began c. 1915, and after 1920 Dada flourished in Paris. Dadaist activities lasted until the mid 1920s. Developed in reaction to World War I, the Dada movement consisted of artists who rejected the logic, reason, and aestheticism of modern capitalist society, instead expressing nonsense, irrationality, and anti-bourgeois protest in their works. The art of the movement spanned visual, literary, and sound media, including collage, sound poetry, cut-up technique, cut-up writing, and sculpture. Dadaist artists expressed their discontent toward violence, war, and nationalism, and maintained political affinities with Radical politics, radical left-wing and far-left politics. There is no consensus on the origin of the movement's name; a common story is that the German artis ...
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Bauhaus
The Staatliches Bauhaus (), commonly known as the Bauhaus (), was a German art school operational from 1919 to 1933 that combined crafts and the fine arts.Oxford Dictionary of Art and Artists (Oxford: Oxford University Press, 4th edn., 2009), , pp. 64–66 The school became famous for its approach to design, which attempted to unify individual artistic vision with the principles of mass production and emphasis on function. The Bauhaus was founded by architect Walter Gropius in Weimar. It was grounded in the idea of creating a Gesamtkunstwerk ("comprehensive artwork") in which all the arts would eventually be brought together. The Bauhaus style later became one of the most influential currents in modern design, modernist architecture, and architectural education. The Bauhaus movement had a profound influence upon subsequent developments in art, architecture, graphic design, interior design, industrial design, and typography. Staff at the Bauhaus included prominent artists ...
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Melanesia
Melanesia (, ) is a subregion of Oceania in the southwestern Pacific Ocean. It extends from Indonesia's New Guinea in the west to Fiji in the east, and includes the Arafura Sea. The region includes the four independent countries of Fiji, Vanuatu, the Solomon Islands, and Papua New Guinea. It also includes the French oversea collectivity of New Caledonia, Indigenous Australians of the Torres Strait Islands and parts of Indonesia, most notably the provinces of Central Papua, Highland Papua, Papua, South Papua, Southwest Papua, and West Papua. Almost all of the region is in the Southern Hemisphere; only a few small islands that are not politically considered part of Oceania—specifically the northwestern islands of Western New Guinea—lie in the Northern Hemisphere. The name ''Melanesia'' (in French, ''Mélanésie'') was first used in 1832 by French navigator Jules Dumont d'Urville: he coined the terms ''Melanesia'' and '' Micronesia'' along the preexisting '' Polyne ...
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Sumptuary
Sumptuary laws (from Latin ''sūmptuāriae lēgēs'') are laws that try to regulate consumption. '' Black's Law Dictionary'' defines them as "Laws made for the purpose of restraining luxury or extravagance, particularly against inordinate expenditures for apparel, food, furniture, etc." Historically, they were intended to regulate and reinforce social hierarchies and morals through restrictions on clothing, food, and luxury expenditures, often depending on a person's social rank. Societies have used sumptuary laws for a variety of purposes. They were used to try to regulate the balance of trade by limiting the market for expensive imported goods. They made it easy to identify social rank and privilege, and as such could be used for social discrimination. They could also be used to prevent, or at least reduce opportunities for political bribery and corruption. The laws often prevented commoners from imitating the appearance of aristocrats, and could be used to stigmatize di ...
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Max Gluckman
Herman Max Gluckman (; 26 January 1911 – 13 April 1975) was a South African and British social anthropologist. He is best known as the founder of the Manchester School of anthropology. Biography and major works Gluckman was born in Johannesburg in 1911. Like many of the other anthropologists he later worked with, he was Jewish. He was educated at the University of the Witwatersrand, where he obtained a BA in 1930. Although he intended to study law, he became interested in anthropology and studied under Winifred Hoernle. He earned the equivalent of an MA at Witwatersrand in 1934 and then received a Rhodes Scholarship to attend Exeter College, Oxford. At Oxford, Gluckman's work was supervised by R.R. Marett, but his biggest influences were Radcliffe-Brown and Edward Evan Evans-Pritchard, who were proponents of structural functionalism. Gluckman conducted his Ph.D. research in Barotseland with the Lozi. In 1939 he joined the Rhodes-Livingstone Institute and in 1941 became ...
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Hedge (finance)
A hedge is an investment position intended to offset potential losses or gains that may be incurred by a companion investment. A hedge can be constructed from many types of financial instruments, including stocks, exchange-traded funds, insurance, forward contracts, swaps, options, gambles, many types of over-the-counter and derivative products, and futures contracts. Public futures markets were established in the 19th century to allow transparent, standardized, and efficient hedging of agricultural commodity prices; they have since expanded to include futures contracts for hedging the values of energy, precious metals, foreign currency, and interest rate fluctuations. Etymology Hedging is the practice of taking a position in one market to offset and balance against the risk adopted by assuming a position in a contrary or opposing market or investment. The word hedge is from Old English ''hecg'', originally any fence, living or artificial. The first known use of the word ...
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Arjun Appadurai
Arjun Appadurai (born 1949) is an Indian-American anthropologist recognized as a major theorist in globalization studies. In his anthropological work, he discusses the importance of the modernity of nation states and globalization. He is the former University of Chicago professor of anthropology and South Asian Languages and Civilizations, Humanities Dean of the University of Chicago, director of the city center and globalization at Yale University, and the Education and Human Development Studies professor at NYU Steinhardt School of Culture. Some of his most important works include ''Worship and Conflict under Colonial Rule'' (1981), ''Disjuncture and Difference in the Global Cultural Economy'' (1990), of which an expanded version is found in ''Modernity at Large'' (1996), and ''Fear of Small Numbers'' (2006). He was elected a Fellow of the American Academy of Arts and Sciences in 1997. Early life Appadurai was born in 1949, into a Tamil family in Mumbai (Bombay), India and ...
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