Tag Archives: gift_economy

The Alternative Economic Paradigms: Gift Economy II

By Shae Hadden | Bio

My habits of reducing and reusing come from a tradition I inherited from my family, a tradition that firmly believed in the value of sharing and stewardship. My father used to tell me of Depression days when his mother would wash the tea bags and dry them for reuse, and when he, being a ‘middle’ son in a family of 13, could always count on wearing ‘hand-me-downs’. Considering the environmental and economic crises we face, it’s no surprise that the principles of communal sharing, stewardship and ‘gifting’ are feeding the move to reduce, reuse and recycle. People of all ages are looking at ways to keep ‘stuff’ out of landfill sites.

In the 1960s the hippies of Haight-Ashbury opened ‘free shops’ to swap clothes, shoes and personal items. In the US today, ‘giveaway shops’ have evolved into ‘swap sheds’ in rural towns (where people leave things that are usable but unwanted for anyone to take) and  ‘free stores’ or ‘free bins’ on college campuses (stocked with donations or items that students have sorted from trash). Official give-away stores with retail storefronts have existed in

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Alternative Economic Paradigms: The Gift Economy

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

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