"A gift is the transfer of a good without an explicit specification of a quid pro quo. The good can be a tangible thing or money, but it also can be intangible, as in the form of time, attention, information or knowledge. A present is a gift and so may be the attention that one person ‘gives’ another, or the time that a person donates to an art institute as a volunteer. Usually a gift entails reciprocity: the giver expects something in return for the gift given. Friends expect friendly gestures in return for their friendly gestures; donors expect some form of appreciation or another; and those who give presents at Christmas expect to receive presents in return. The key to understanding the phenomenon of the gift is the nature of the reciprocity involved."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Arjo Klamer, "30 Gift economy." A handbook of cultural economics (2003): 243.
https://en.wikiquote.org/wiki/Arjo_Klamer
Revision History
No revisions have been submitted for this quote.
Categories
Arjo Klamer
7 quotes on TrueQuotesView all quotes by Arjo Klamer →
Related Quotes
"Reciprocity is the basis of each relationship as long as the values to be exchanged are left open to interpretation. …"
"Money talk tends to be confusing. When people talk money, they usually think “wealth”, “costs”, “profit”, “income”, “…"
"The euro is bad for Europe. The euro is bad for the Netherlands, it’s especially bad because it is a stimulus for pol…"
"The other economic camp made for quite a different story. James Tobin (an east-coast Ivy League policy advisor) had a…"
"When I tried to sort out the pernicious disagreements between new classical and new Keynesian economists, I conducted…"
"Arjo Klamer, a left wing professor has a rather ominous nickname, “Europe’s Mister Doom” for him, the implosion of th…"
"Private ownership, originally a means to give everybody the possibility of productive work, now has turned into the m…"
"In the present time production is dominated by capital. The capitalist, possessor of money, founded the factory, boug…"
"Labor is a social process. Each enterprise is part of the productive body of society. The total social production is …"
"Public ownership is a middle-class program of a modernized and disguised form of capitalism. Common ownership by the …"