4 ms·
Thanks for the clarification! I was not aware of the "immediate" condition for barter. Reading from your link, there seems to be a gap in terminology for a si
by Nevermark 5y ago
Thanks for the clarification!
I was not aware of the "immediate" condition for barter.
Reading from your link, there seems to be a gap in terminology for a situation separate from bartering, gift giving, and money based exchanges. Specifically, delayed exchanges where an account is informally kept but based on what was taken, not any unit/money.
The wikipedia entry for "Gift economy" rules out "explicit agreement for immediate or future rewards". [1]
So what to call the situation implied by "delayed barter", or "gifting with explicitly expected reciprocity"?
That situation can still happen without money. (Not claiming it was the basis for any particular economy, as it wouldn't scale well past trusted or enforcable relationships.)
[1] https://en.wikipedia.org/wiki/Gift_economy https://en.wikipedia.org/wiki/Gift_economy