Real Wealth Society

Monday, March 10, 2008

The Gift Economy - Receiving stimulates giving By Sepp Hasslberger

One of the alternatives to our current economic system, which is based on money created by banks as a debt and heavily laden with a cost called interest, is what has been termed the gift economy. Few would disagree that life could be much better if everything - or at least a good part of what we need for our daily survival - were freely available just for the taking. But alas - the current economic reality is just the opposite - scarcity rules. Everything has a price, and the more scarce something is, the higher the price. To obtain anything we need to pay that price - in other words exchange something of ours for what we wish to receive.

At times - actually I would argue more often than not - scarcity is brought about artificially to manipulate the price and therefore the "exchange value" of goods. Making a profit and paying the piper requires it.



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