ABCDEconomy "G" as in "Gift" - Part 1
ABCDEconomy by Luigino Bruni
Gift. Don´t think that it means a present…
Published in the weekly Vita, May 15, 2009
With the word “Gift”, which we will cover this week and next week, we will conclude the series ABCDEconomy by Luigino Bruni. We proposed this series as a guide to the key words within economic behavior, after breaking down the myths and bursting a few bubbles. Here´s an index of the analyzed words: Happiness, Profit, Market, Bank, Investment, Responsibility, Rules, Interests, Organization, Reciprocity, Capital. This week, as mentioned above, presents the first part about the concluding word, “Gift”.
There exists a close relationship between community, life in community, and gift. A study of the origins of the word community shows it as a derivative of communitas, from cum-munus, or from munus (reciprocal gift). But the word´s very suggestive origins immediately demonstrate its conflicting meanings, hidden in the Latin word munus. Munus means both gift and obligation, and the ambivalence continues to be traced in the Anglo-Saxon word “gift”, which maintains its form in English but with the same spelling in German means “venom”. The perfumed and colorful gift of an apple can also show itself to be poisoned. Why? First of all, because there are many types of gifts, and there are multiple forms of giving. There is the anonymous and unilateral gift of philanthropy, either through donations to help those far away and in need or in the case of natural disasters.
ABCDEconomy - G as in Gift - Part 1
There is the personal gift given to loved ones, which can be material but most often is a gift of our time, attention, a listening-ear, our life. Then, there is the conventional gift that often recalls ancient traditions, like gifts to newlyweds or a bottle of wine when one is invited over for dinner. But there is also the gift of a payoff to one´s equals or superiors that don´t have anything to do with gratuitousness.
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