Organizations can encourage their members to over-value means above ends. A case in point is the tendency among academics to over-value standardized ranking lists for academic journals at the expense of high quality research. To make sense of such seemingly perverse object choices, organizational researchers have turned to the concept of fetishism. However, organizational researchers have yet to consider how these fetishes are organized as sexual object choices—a strange omission given the expansive empirical and theoretical literature exploring fetishism as a sexual practice. Drawing a distinction between the fetishism of organizations and fetishism in organizations, the article seeks to redress this oversight.
Baudrillard's theories developed dramatically over his intellectual career of forty years, and throughout these years he contributed considerably to the thematic of cultural fetishism. Consistent with his conception of the consumer society, he developed the notion of sign-fetishism, and object-fetishism. These are both steps in the radicalization of Marx's idea of commodity fetishism, drawing on freud's idea of fetishism as a perverse structure. The article notes that Baudrillard provided inventories of fetishism at regular intervals in his writings, and that these remained curiously unchanging. He contrasts the structure of fetishism with that of symbolic exchange, a cultural formation which resolves fetishism. His analysis of 9/11 is shown to be a complex combination of elements of the theory of fetishism (without being named as such) with that of symbolic exchange. Although Baudrillard developed the notion of fetishism to great critical effect, he did not theorize it or apply it systematically.
Almost all trade among industrial countries is now invoiced in the currency of one of the trading partners, normally that of the exporter. Use of a 'third country currency' (normally the dollar) is important only in trade with developing countries. Except for the decline in sterling's use as an international currency, there is no evidence that exchange rate expectations are a strong influence on traders' choice of currency.
In: Žurnal Sibirskogo Federal'nogo Universiteta: Journal of Siberian Federal University. Gumanitarnye nauki = Humanities & social sciences, Band 9, Heft 1, S. 133-139
This paper analyses the trends and patterns in the composition and direction of India's merchandise exports, over the period 1980 to 2016. The composition of principal exports indicates that the percentage share of primary products has continuously declined over the period and that of manufactured goods started declining in the recent past. This decline is mainly attributable to a notable development experienced by the exports of petroleum products whose share in the total exports of India increased substantially over the period. Further, the analysis of the direction of India's exports revealed a market orientation towards the OPEC and developing countries, especially of South Asia, South East Asia, and Africa.