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In pure form, an economy (or equivalent) based on gift giving rather than trading. (Read with GiftParadigm)

Two ideas of Gift Culture or GiftEconomy :

  • Pure, such as those advocated as Feminist (WhatIsFeminism) alternative economics. (eg. GenevieveVaughan). Which believe that an exchange mentality is wrong and needs to be changed.
  • Pragmatic : Some apparent gift cultures are really based on trading gifts for status or general acclaim.

For example TheFreeSoftwarePhenomenon, TheAttentionEconomy

The two might be synthesized here :

Brad DeLong : Markets and Their Alternatives :

See also :

CategoryEconomics, CategoryPolitics