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My Business Pays Me: Labourers and Entrepreneurs Among the Self–Employed Poor in Latin America
Author(s) -
Eversole Robyn
Publication year - 2003
Publication title -
bulletin of latin american research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 33
eISSN - 1470-9856
pISSN - 0261-3050
DOI - 10.1111/1470-9856.00066
Subject(s) - subsistence agriculture , commodity , capital (architecture) , business , latin americans , yield (engineering) , entrepreneurship , economics , production (economics) , service (business) , scale (ratio) , wage , labour economics , market economy , economic growth , economy , finance , agriculture , political science , history , ecology , macroeconomics , archaeology , physics , quantum mechanics , law , biology , materials science , metallurgy
Are the independent economic activities of poor people “petty commodity production”—an informal way to earn a subsistence wage? Or are they “microentrepreneurship”, a launching point for capital accumulation and growth? This paper draws on fieldwork in Bolivia, Peru and Guatemala, focusing specifically on the poorest businesses. In–depth interviews indicate that even the smallest–scale producers, merchants and service providers have goals of “improving” their business and “growing” their capital, not unlike their capitalist counterparts. Yet, while growth is desirable, maintaining one's business as a steady source of income is a sufficient achievement for many. Poor self–employed people are both “labourers” and “entrepreneurs”; the key macro–level question becomes, not “Do petty–commodity producers have different goals than capitalist entrepreneurs”, but “What resources are lacking, and what obstacles exist, that keep many microentrepreneurs in low–yield activities, with little opportunity to grow their resources?”