The purpose of this paper is to investigate the traditional institution of trade and economics among the Trobriand Islanders. The primary focus is on the symbolic interpretation of the acts involved in the kula ring and in yam production, display and distribution. The first section of the paper explains the kula ring and how it operated in Trobriand society at the time of the first ethnographic description of the Trobrianders by Malinowski in 1914. The second section examines how social hierarchy is expressed in trade within the kula ring. The third section looks at the difference between symbolic gift ...
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