Quantifying the Gift

Conceiving of something as a gift changes your relationship to it in a profound way, even though the physical makeup of the “thing” has not changed. A woolly knit hat that you purchase at the store will keep you warm regardless of its origin, but if it was hand knit by your favorite auntie, then you are in relationship to that “thing” in a very dif... See more

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

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Conceiving of something as a gift changes your relationship to it in a profound way, even though the physical makeup of the “thing” has not changed. A wooly knit hat that you purchase at the store will keep you warm regardless of its origin, but if it was hand knit by your favorite auntie, then you are in relationship to that “thing” in a very diff

... See more

A much more humane, and ultimately more appropriate, approach would be to treat our relationships and communities, as well as the benefits we receive from them, not as a form of wealth, but as gifts. They are received, not chosen; valued but not earned; given but not traded; appreciated but not capitalized. They have an inherent, unquantifiable val... See more

The Response Gratitude and reciprocity are the currency of a gift economy, and they have the remarkable property of multiplying with every exchange, their energy concentrating as they pass from hand to hand, a truly renewable resource.

The currency in a gift economy is relationship, which is expressed as gratitude, as interdependence and the ongoing cycles of reciprocity. Anthropological ideas mentioned in the article point towards this as being a way of sustaining life in various communities.

The Power of the Gift To name the world as gift is to feel one’s membership in the web of reciprocity. It makes you happy—and it makes you accountable... You’re likely to take much better care of the gift hat than the commodity hat, because it is knit of relationships. This is the power of gift thinking.