Monday, December 16, 2013

Money Wisdom #236

"...'total prestations' [the offering of social totality by way of a gift that encompasses, but is not limited to, the spiritual, material, and relational aspects of one's reality] created permanent relationships between individuals and groups, relations were permanent precisely because there was no way to cancel them out by a repayment. The demands one side could make on the other were open ended because they were permanent... ...This is why Mauss considered them 'communistic': they corresponded to Louis Blanc's famous phrase 'From each according to his abilities, to each according to his needs.' Most of us treat our closest friends this way. No accounts need to be kept because the relation is not treated as if it will ever end. Whatever one might conclude about the realities of the situation (and these can vary considerably), communism is built on an image of eternity. Since there is supposed to be no history, each moment is effectively the same as the last." [my definition]

David Graeber Toward an Anthropological Theory of Value - The False Coin of Our Own Dreams (2001) p.218