Why Gift? A Modern Perspective

The gift-based economy is the oldest form of economy and the one that we have used throughout the majority of human evolution. When humans lived in small groups where everyone knew everyone else the predominant mode of economic exchange was based on gift. In these societies the exchange and circulation of gifts fostered connections and relationships, built upon gratitude and mutual goodwill. In the modern capitalist economy when a transaction is completed the relationship is contractually closed, there is no more obligation, and all parties can walk away without leaving anything behind.

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