Stateless Commerce: The Diamond Network and the Persistence of

Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange

How does Manhattanâ€™s 47th Street diamond district thrive as an ethnic marketplace without lawyers, courts, and state coercion? Barak Richman draws on insider interviews to show why relational exchange based on familiarity, trust, and community enforcement succeeds and what it reveals about the modern stateâ€™s limitations in governing the economy.
Country USA
Manufacturer Harvard University Press
Binding Kindle Edition
ReleaseDate 2017-06-19
Format Kindle eBook

Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange