Quantifying the Gift

What is the nature of ‘art’? Is a work of art a commodity with a money value, to be bought and sold like a potato, or is it a gift on which no real price can be placed, to be freely exchanged?"

– Margaret Atwood (in her introduction to Lewis Hyde’s superb book, The Gift)

In a gift economy, wealth is understood as having enough to share, and the practice for dealing with abundance is to give it away. In fact, status is determined not by how much one accumulates, but by how much one gives away. The currency in a gift economy is relationship, which is expressed as gratitude, as interdependence and the ongoing cycles o