ANTH 1002 Lecture Notes - Lecture 8: Mycenae, Marcel Mauss, Wage Labour
30 Apr 2012
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When i set out to spend on you, i operate at a significant disadvantage. I"m not certain about what you have or what you want, so when i spend on a gift, i may buy something worth nothing to you. There"s no guarantee that consumer satisfaction meets, exceeds, or even comes close to the amount spent on the gift Given the billion in u. s. holiday spending per year, that means we get billion less in satisfaction than we would receive if we spent that money the usual way carefully, on ourselves (waldfogel 2009: 1). Gifts are a loss on economy, incredibly wasteful. Eventually, money from people like donald trump will circulate through the economy, and come to us less rich people. Some people say that even though you buy wasteful stuff, you"re providing an economic stimulus, but most people buy expensive things put it on credit, which really doesn"t help the economy.
