Saturday, May 29, 2010

The Kula Ring

Duff took a break from studying general economy, only to be confronted with it again at G.E.E.E. He traded one of his Golden Delicious Apples with one of our brownies, just to enthusiastically participate.

Duff explained the Kula circle, a ceremonial exchange system conducted in the Milne Bay Province of Papua New Guinea.

Participants travel at times hundreds of miles by canoe in order to exchange Kula valuables which consist of red shell-disc necklaces (veigun or soulava) that are traded to the north (circling the ring in clockwise direction) and white shell armbands (mwali) that are traded in the southern direction (circling anti-clockwise).

Bob realized that the circle of trade is similar to how we diagram our trades.

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