Gifts: In communities that have no money in the modern sense, the presentation of gifts is crucially important. The gifts are not swaps; rather, along with other customs, they confirm and reaffirm a basic bond people have with one another.

Money and Exchange – Part 1

The fact that money possesses such great a power is not rooted in the thing itself but in the specific social coherence which it induces and from which it derives its power. It is this social coherence we are going to explore.

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Money and Exchange – Part 1

Money and Exchange – Part 1