The Gift in the Economy and Society

This book offers a comprehensive exploration of gift-giving, challenging traditional economic views and emphasizing its social significance in The Gift in the Economy and Society.

In The Gift in the Economy and Society, the author examines the concept of the gift through the lens of social practice and institutions, moving away from the utilitarian views of mainstream economics. This book challenges the traditional economic focus on exchange, self-interest, and utility-maximization, offering a more nuanced understanding of gift-giving as a social phenomenon. By exploring the intersection of social and institutional economics, the text highlights how gifts function within various societal frameworks.

The contributions from an international and interdisciplinary group of authors provide a rich exploration of critical questions surrounding the relationship between social institutions and concepts such as gift, exchange, and reciprocity. The book delves into the underlying social mechanisms that inform gift-giving actions and examines how individuals and societies interact through these practices. These inquiries not only illuminate the significance of gifts in economic analysis but also reveal their potential to address contemporary social issues.

Ultimately, The Gift in the Economy and Society makes a substantial contribution to the existing literature on the gift, appealing to readers interested in heterodox economics, social anthropology, and related fields. It serves as a vital resource for understanding the broader implications of gift-giving in fostering cooperation and social cohesion across different levels of society.