Gift economy
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The concept of a gift economy stands in contrast to a [[planned economy]] or a [[market economy|market]] or [[barter economy]]. In a planned economy, goods and services are distributed by explicit command and control rather than informal custom; in barter or market economies, an explicit ''quid pro quo'' — an exchange of [[money]] or some other [[commodity]] — is established before the transaction takes place. In practice, most human societies blend elements of all of these, in varying degrees. | The concept of a gift economy stands in contrast to a [[planned economy]] or a [[market economy|market]] or [[barter economy]]. In a planned economy, goods and services are distributed by explicit command and control rather than informal custom; in barter or market economies, an explicit ''quid pro quo'' — an exchange of [[money]] or some other [[commodity]] — is established before the transaction takes place. In practice, most human societies blend elements of all of these, in varying degrees. | ||
+ | == See also == | ||
+ | * [[Basic income]] | ||
+ | * [[Brownie points]] | ||
+ | * [[Calculation in kind]] | ||
+ | * [[Egoboo]] | ||
+ | * [[Food swap]] | ||
+ | * [[Giving circles]] | ||
+ | * [[History of money]] | ||
+ | * [[Knowledge market]] | ||
+ | * [[Pay it forward]] | ||
+ | * [[Post-scarcity economy]] | ||
+ | * [[Reciprocity (cultural anthropology)|Reciprocity in cultural anthropology]] | ||
+ | |||
{{GFDL}} | {{GFDL}} |
Revision as of 10:49, 22 June 2016
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A gift economy is an economic system in which goods and services are given without any explicit agreement for immediate or future quid pro quo. Typically, a gift economy occurs in a culture or subculture that emphasizes social or intangible rewards for generosity: karma, honor, loyalty or other forms of gratitude. In some cases, simultaneous or recurring giving serves to circulate and redistribute valuables within a community. This can be considered a form of reciprocal altruism. Sometimes there is an implicit expectation of the return of comparable goods or services, political support, or the gift being later passed on to a third party. However, in what is considered to be in the true spirit of gift economics, many times giving is done without any expectation of reciprocation.
The concept of a gift economy stands in contrast to a planned economy or a market or barter economy. In a planned economy, goods and services are distributed by explicit command and control rather than informal custom; in barter or market economies, an explicit quid pro quo — an exchange of money or some other commodity — is established before the transaction takes place. In practice, most human societies blend elements of all of these, in varying degrees.
See also
- Basic income
- Brownie points
- Calculation in kind
- Egoboo
- Food swap
- Giving circles
- History of money
- Knowledge market
- Pay it forward
- Post-scarcity economy
- Reciprocity in cultural anthropology