| The Formalism/Substantivism DebateBy the 1950s, an acrimonious debate had broken out in anthropology 
          between "formalist" and "substantivist" approaches.
			
	  
					| 
 Raymond Firth
 | Formalists like Raymond Firth argued that the tools of neo-classical economics were 
          applicable, with some minimal modification to all cultures...thus, 
          neo-classical economics discerned universal patterns of human 
          behavior. |  
        
          |  
          Karl Polanyi | Substantivists, inspired largely by the work of Karl 
      Polanyi, argued that economics was a "special case" that applied only to 
      Western market economies.  Its rules and formulae were applicable 
      only to such economies.  Anthropologists would have to devise new 
      forms of economic analysis to understand cultures where capitalist markets 
      didn't govern behavior (and that included almost all cultures studied by 
      anthropologists). |  results |