Today, we are all familiar with the “greed economy.” It is governed by the competitive principle that more for you is less for me. It prioritizes luxuries for the few over necessities of the many. It is exclusive to those who don’t have money, relegating them to search for subsistence from the garbage of others. It is not only degrading, disgusting, and immoral, it is totally and completely unsustainable.
A gift economy actually decays greed. It widens the family circle to include the entire community. It is governed by the cooperative principle that more for you is more for me too. It prioritizes matching gifts with needs. It is inclusive of everyone, including those who have little to give but a warm smile or their gratitude. It is not something that is imposed on people. Rather, it is something that people volunteer to be a part of because they recognize the inherent joy that comes from giving to others.
In a world of limited resources, it becomes imperative that any economic system that plans on allowing the human species to sustainably live on this planet maximize the efficient use of resources. This means we must cease our incessant desire to own the world, realize that owning more things will never be enough to compensate for the wound of separation inside us, and understand that we can only really improve our quality of life by reducing the suffering of others.