On the moral grounds of economic relations: a Maussian approach

Graeber, David (2010) On the moral grounds of economic relations: a Maussian approach [Working paper]
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For all the vast literature on “the gift,” the concept is surprisingly under-theorized. This is because everyone assumes that there is something called “the gift”, that all transactions not involving payment or the promise of payment are the same thing. Whether seen as a matter of generosity, lack of calculation, creating social relations or a refusal to distinguish between generosity and self-interest, the possibility that “gifts” operate according to different transactional logics is often overlooked.

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