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Derived from the anthropological study of gift exchange, a gift economy (or gift culture) is a mode of exchange that contrasts to market or commodity exchange. In principle, voluntary and recurring gift exchange both creates and circulates wealth and consumption goods and builds a community. In contrast to a market economy, informal custom governs gift exchange, rather than negotiated pricing. Societies dominated by gift exchange were small in scale and geographically remote from each other. As states formed to regulate trade and commerce within their boundaries, market exchange came to dominate. Nonetheless, the practice of gift exchange continues to play an important role in modern society. These meetup group is open to all those who are interested to sharing the principles of sacred economics / gift and practicing of gratitude.

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Urban Stories of Sustainability

Atta Galatta, 134, KHB Colony, 5th Block, Koramangala, Bangalore

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