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Alternative Economic Paradigms: The Gift Economy

Friday Oct 02 2009

By Shae Hadden | Bio
I’ve been glancing in shop windows recently as I wander my new neighborhood. There seem to be more sales and discounts now at the retail outlets than ever before, as if lowering a ticketed price will lure consumers in to buy when the prevailing mood is one of restraint and caution. Experts argue over whether our market economy is going to limp along in its current form or be remade or redefined. Scarcity thinking seems to predominate consumer behavior. Meanwhile, what I don’t want us to lose sight of are the barter and gift economies that co-exist (and continue to evolve) alongside the regular buying and selling of goods.

A ‘gift economy’ is one in which people give away products and services without any expectation of compensation. In a way, bartering is a reciprocal form of ‘gifting’, in which two parties exchange what they need with each other and eliminate the transfer of money. In a gift economy, simultaneous giving to others (and not just a back and forth between two people) is looked on favorably, as it circulates and more widely redistributes resources within a community. In some societies, the person who ‘gifts’ is seen as being altruistic and is accorded some social status for being the ‘giver’. In others, gifting is simply seen as an expression of a genuine concern for others.

Thinking of the world in terms of limited resources and little time left to save the planet can easily lead us into thinking along the lines of “There’s not going to be enough…”. Conversely, the gift economy rests on a belief in ‘abundance’. In early human societies (before the existence of currency), the sharing of food and other perishables ensured the continuity of the group and the ‘abundant living’ of all. Native American potlatches allowed leaders to strengthen the community by sharing their accumulated wealth with their followers. In Tonga, Samoa and some of the outer Cook Islands, reciprocal gifting is still part of their culture today.

In North America, we still practice this at the family level (when we share our time, money, food, shelter and wisdom with relatives). What I find interesting is that the concept of ‘gifting’ has expanded to include things like:
  • Open source software (free access to software code for developers)
  • The blood bank system
  • The organ donor system
  • Gift exchanges
  • Regiving networks
  • Creative Commons Licences (free access to other people’s creative works)
  • Wikipedia (a free online encyclopedia)
  • Free schools
  • Give-away shops

I see a connection between this movement and Eldering: a common commitment to sustainability and a shared future for all. And I'm reminded of the wisdom of my grandparents and my parents in dealing with troubled times in their lives. I’ll be writing more about these and other ways in which the gift economy is showing up in our lives today in the coming weeks. 

© 2009 Shae Hadden. All rights reserved.

Written by eldering at Leadership

Tagged with: abundance_thinking eldering gift_economy market_economy scarcity_thinking

The Courage to Persevere

Wednesday Feb 25 2009

By Shae Hadden | Bio

I haven’t lived through the Depression, or participated in a major global conflict. Compared to many people on this planet, I haven’t had a lot of difficulties in my life. But the challenges that I have faced I have been able to survive. If you’d asked me a year ago what made that possible, I would probably have said “sheer will power”. But I’m a little older and a little wiser now. And my answer today has a quality of serenity in it that wasn’t evident back then. Viewing the future as[Read More]

Written by eldering at Leadership

Tagged with: action courage future perseverance possibility

Choosing Partners

Thursday Jan 22 2009

   By Shae Hadden | Bio

Despite my intentions to stay focused on launching new materials into the world, the last couple of weeks have seen a flurry of activity around forming partnerships. When I look at the very real challenges we are facing today and the urgency with which they need to be addressed, establishing relationships might seem like the last thing we should spend time doing. However, I’m reminded of something Jim Selman often says: “Relationships are the foundation of success.”

[Read More]

Written by eldering at Leadership

Tagged with: partnership possibility relationship success time

Political Leanings

Wednesday Oct 15 2008

  By Shae Hadden | Bio

Today is the day after the Canadian federal elections. It's also Blog Action Day on Poverty. Admittedly, poverty is an important issue, and so are politics. But there is an intractable problem we all face that is the context for poverty, economics and politics. And that is the environment. Our elected leaders in Canada and the U.S. will not only set the course for North American environmental and economic policies for the next few years, but will also impact our long-term future as well. And we all (developed and developing countries alike) need to transition to clean energy economies if we want to avert global disaster.

[Read More]

Written by eldering at Leadership

Tagged with: economics election environment politics

Conversations about Palin

Monday Sep 15 2008

   By Shae Hadden | Bio
Since Sarah Palin’s Gibson interviews, I’ve been hearing a lot of people saying that she reminds them of George Bush—even more so than John McCain does. Some of the similarities they’re seeing between Palin and Bush include:[Read More]

Written by eldering at Leadership

Tagged with: bush mccain palin

The Most

Monday Jun 02 2008

By Shae Hadden | Bio

Words of wisdom from a dear 'younger' friend:


The greatest problem to overcome: Fear

The most destructive habit: Worry

The most damaging attitude: Resentment

The most satisfying work: Helping Others

The greatest "shot in the arm": Encouragement


[Read More]

Written by eldering at Leadership

Tagged with: giving integrity leaders youth

The Cost of Comfort

Thursday May 01 2008

   By Shae Hadden | Bio

It’s so easy to get ‘comfortable’ with the circumstances of our lives—even when they are uncomfortable or when we can see that they may very likely lead to discomfort. It’s almost natural, sometimes even expected, that we complain about what’s ‘not right’ or ‘not perfect’ in our lives. But complaining (to ourselves or others) doesn’t change anything and we’re left ‘adapting’ ourselves to living with whatever is contributing to our discomfort.

[Read More]

Written by eldering at Leadership

Tagged with: choice circumstances comfort complaining future possibility victim

Being a Trimtab

Tuesday Mar 18 2008

   By Shae Hadden | Bio
With each passing day, it seems as if every environmental and social crisis we’re facing is heading into even more dangerous waters. In the conversations I’ve been having, it has been quickly apparent to me who is resigned about this state of affairs and who is engaged and in action. Although the latter group appears to me (for the moment) to be in the minority, I’m reminded of Buckminster Fuller’s concept of the ‘trimtab factor’ and of the potential influence a small group of people can have on the future…and I am inspired by their actions. Similar to how a trimtab influences the course of a large ocean-going ship, we can shift the direction we’re heading in any large-scale issue by leveraging the influence of a powerful sector of society.[Read More]

Written by eldering at Leadership

Tagged with: business commitment leader trimtab

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