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Showing posts from December, 2017

GIFT EcoNoMY: SELFLESS Economy

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GIFTING CAN BE CONTAGIOUS! The moment I came across the word "gift economy", I wondered it is mere a renewed word by some ad-world people for earning out huge under the cover of attractive name. As is human nature these days, I googled it just then, and found the following definition of it on the Wikipedia (one of the most adulterated source these days actually):  "A  gift economy ,  gift  culture, or  gift  exchange is a mode of exchange where valuables are not traded or sold, but rather given without an explicit agreement for immediate or future rewards. This contrasts with a barter  economy  or a market  economy , where goods and services are primarily exchanged for value received." A little more research into it revealed that  it’s not new age? Gift economy or gift culture is an ancient system dating back to the Stone Age where goods or services are given away without any expectation of reward...