A lot of people seem to struggle with the concept of gift economies. Over the recent few hundred years, we have gotten so acculturated to market economies that we tend to project tit-for-tat exchange onto every interaction and into every motivation. However, I believe this is erroneous. My goal in this blog entry is to remind us of our deep familiarity with gift economies and to provide a clear contrast between them and market economies.
 

[Reposted from New Currency Frontiers]

Currently value is primarily associated with scarcity. Things like breathable air and drinkable water do not become valuable until they are scarce. This is clearly a problem if we want to have values which reflect the real value of things within a living system.

Also, our models of wealth are completely upside down. Real wealth (derived from "weal" referring to wellness) is not a function of how much stuff you can accumulate. This is like thinking that becoming as fat as possible is to be healthy, or that cancer is a model for healthy systems. (Cancer uses all of its resources to grow more cancer until it kills its host.)