Gift Economy | Golden Age
A gift economy is a system of exchange where goods and services are given without an explicit agreement for rewards, contrasting with market economies and barte
Overview
A gift economy is a system of exchange where goods and services are given without an explicit agreement for rewards, contrasting with market economies and bartering. This concept has been studied by anthropologists such as Bronisław Malinowski and Marcel Mauss, who explored the Kula ring in the Trobriand Islands and the concept of potlatch among Native American tribes. The gift economy has been influential in shaping alternative economic models, including the work of Charles Eisenstein and the Zeitgeist Movement.