Abstract
In this comment on Reisman's article on Richard Titmuss, it is argued that his thesis—that too much commercialism undermines the social bond—remains especially relevant in the context of the growing commercialisation of social services in Western societies. In particular, in advocating ‘socialist’ social policies, which encouraged the sense of community and therefore favoured positive externalities while curbing negative ones, Titmuss reminds economists of the significance of the gift relationship among the coordinating mechanisms that assure social cohesion.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.