Gift economy

This page is about gifts in the common English-language sense. For other uses, see Gift (disambiguation).

File:Love gift - Calyx krater Aegisthos painter ca 460 BCE.jpg

Love gift
Man presents a cut of meat to a youth with a hoop. Athenian red-figure vase, ca. 460 B.C.E.

A gift or present is the transfer of money, goods, etc., without the direct compensation that is involved in trade, although possibly involving a social expectation of reciprocity, or a return in the form of prestige or power. In many human societies, the act of mutually exchanging gifts contributes to social cohesion. Economists have elaborated the economics of gift-giving into the notion of a gift economy.

By extension the term gift can refer to anything that makes the other more happy or less sad, especially as a favor, including forgiveness, and kindness (even when the other is not kind).

The occasion may be:

• Expression of love or friendship
• Expression of gratitude for a gift received
• Expression of piety, in the form of charity
• Expression of solidarity, in the form of mutual aid
• To share wealth
• To offset misfortune
• Offering travel souvenirs
• Custom, on occasions (often celebrations) such as
  • A birthday (the person who has his or her birthday gives cake, etc. and/or receives gifts)
  • A potlatch, in societies where status is associated with gift-giving rather than acquisition.
  • Christmas (people give each other gifts, often supposedly receiving them from Santa Claus)
  • Saint Nicholas (people give each other gifts, often supposedly receiving them from Saint Nicholas)
  • A wedding (the couple receives gifts and gives food and/or drinks at the wedding reception)
  • A funeral (visitors bring flowers, the relatives of the deceased give food and/or drinks after the ceremonial part)
  • A birth (the baby receives gifts)
  • Passing an examination (the student receives gifts)
  • Father's Day (the father receives gifts)
  • Mother's Day (the mother receives gifts)
  • Exchange of gifts between a guest and a host, often a traditional practice
  • Giving a round of drinks in a bar.
  • Lagniappe

A gift may either be an ordinary object or an object created for the express purpose of gift exchange, such as the armbands and necklaces in the Trobriand Islands' Kula exchange.

A gift can also be a special talent or ability that was not earned through the usual amount of long and difficult practice but instead comes easily to the recipient in a natural way. A person with such a gift is said to be "a natural" or "gifted" in that field of endeavor. A gift, in this sense, can be thought of as being given by God or by nature: a God-given or natural gift received by one at birth. For example, a fluent and entertaining speaker is said to have "the gift of gab".

Ritual sacrifices can be seen as return gifts to a deity. Sacrifice can also be seen as a gift from a deity: Lewis Hyde remarks in The Gift that Christianity considers the Incarnation and subsequent death of Jesus to be a "gift" to humankind, and that the Jākata contains a tale of the Buddha in his incarnation as the Wise Hare giving the ultimate alms by offering himself up as a meal for Sakka. (Hyde, 1983, 58-60)

See also

• Alms
• Altruism
• Random act of kindness
• Atonement
• Charity
• Debt relief
• Gift tax
• Red packet
• Regifting
• Souvenir
• TANSTAAFL

Further reading

• Marcel Mauss and W.D. Halls, Gift: The Form and Reason for Exchange in Archaic Societies, W. W. Norton, 2000, trade paperback, ISBN 0-393-32043-X
• Lewis Hyde: The Gift: Imagination and the Erotic Life of Property, 1983 (ISBN 0-394-71519-5), especially part I, "A Theory of Gifts", part of which was originally published as "The Gift Must Always Move" in Co-Evolution Quarterly No. 35, Fall 1982.

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