essay

Social ideals and the concept of profit in thirteenth-century Iceland

from sagas to society : comparative approaches to early icelandEnfield Lock, Middlesex, Uk • Published In 1992 • Pages: 231-245

By: Helgi þorláksson, Schudder, Bernard.

Abstract
Substantivism is a theory in economic anthropology in which adherents study simple societies '…in which little or no sense of the market exists and the notion of producing for a market is relatively insignificant' (p. 231). Since Icelandic society before 1300 A.D. is considered by the author to be a simple peasant society, and since the Icelandic sagas from the thirteenth century might be expected to display ideas similar to those described by the substantivists, the major portion of this work is devoted to a content analysis of the sagas which reflect this concept. This document describes the attitudes of medieval Iceland in regard to profit trading, status of foreign traders and merchants in general, the relationships between merchants and chieftains, and factors relevant to the prices of goods in the society.
Subjects
Cultural identity and pride
Price and value
External trade
Mercantile business
Verbal arts
Status, role, and prestige
Accumulation of wealth
Social relationships and groups
Districts
culture
Early Icelanders
HRAF PubDate
2004
Region
Europe
Sub Region
Scandinavia
Document Type
essay
Evaluation
Creator Type
Educator
Document Rating
4: Excellent Secondary Data
Analyst
John Beierle ; 2002
Field Date
no date
Coverage Date
thirteenth century
Coverage Place
general Iceland
Notes
Helgi þorláksson ; [translated by Bernard Schudder]
For bibliographical references see document 10: [Gísli Pálsson]
LCCN
93150093
LCSH
Icelanders