Sacrifice, Solidarity, and the Scope of the Market: Why Might Permitting Trade Crowd Out Gifting, and Why Would It Matter?
In the absence of a threat of maldistribution, what reason could there be to bar trade of a genuine good that is otherwise owned? Market skeptics have asserted that, once permitted, trade tends to crowd out gifting. Why should we care, though, if needs are satisfied via sales? More importantly, why suppose that permitting trade will cause crowding out? In this paper, I address both questions with an emphasis on the second. Normatively, I claim that gifting has expressive value over and above...[Show more]
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