The nature of a partnership economy: communicative transactions and social relations of exchange

Michel Renault
Additional contact information
Michel Renault: CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique

Post-Print from HAL

Abstract: Mainstream economic theory only deals with the material side of exchange; we will argue in our communication that economics should deal with other dimensions of exchange, especially the social features underlying transactions. We build our development on the basis of the concept of "communicative transactions" that is to say: transactions between actors cognitively interdependent rendering them able to generate common definition of a transactional situation (a shared co-world) and to create new intersubjectively shared meanings and general expectancies in the aim of reducing their mutual uncertainty in the ulterior direction of their activity. Communicative transactions can be mediated and supported by symbolic productions or artefact. These communicative transactions are parallel and co-extensive to the material side of a transaction (transfer of a good or service). Transactions are considered as means to convey sociality and social values through mutual knowledge. Through the social relations of exchange every party learn more of each other's circumstances, interests and needs, and create a more integrated community. Such relations give birth to the creation of a new partnership economy that is fundamentally different from the ruling market economy.

Keywords: communicative transactions; partnership economy; social process of trust building (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

Published in Comparative perspectives on moral economy: Africa and Southeast Asia, Fukui University Press, pp.250-266, 2009

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00445130

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().