My business pays me: Labourers and entrepreneurs among the self-employed poor in latin America
Document Type
Journal Article
Publisher
Blackwell Publishers Ltd
Faculty
Faculty of Regional Professional Studies
School
School of Regional Professional Studies CSESS
RAS ID
1773
Abstract
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?”
DOI
10.1111/1470-9856.00066
Comments
Eversole, R. (2003). My Business Pays Me: Labourers and Entrepreneurs Among the Self–Employed Poor in Latin America. Bulletin of Latin American Research, 22(1), 102-116. Available here