A consideration of the act of gift giving which considers how the recipient becomes indebted to the giver and enters into a circle of exchange. Derrida reads the relation of time to gift through a number of texts by Heidegger, Mauss, Benveniste, Levi-Strauss, and Baudelaire.
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Is "giving" possible? Is it possible to give without immediately entering into a circle of exchange that turns the gift into a debt to be returned? This question leads Jacques Derrida to make out an irresolvable paradox at what seems the most fundamental level of the gift's meaning: for the gift to be received as a gift, it must not appear as such, since its mere appearance as gift puts it in the cycle of repayment and debt.Derrida reads the relation of time to gift through a number of texts: Heidegger's "Time and Being, " Mauss's "The Gift, " as well as essays by Benveniste and Levi-Strauss that assume Mauss's legacy. It is, however, a short tale by Baudelaire, "Counterfeit Money, " that guides Derrida's analyses throughout. At stake in his reading of the tale, to which the second half of this book is devoted, are the conditions of gift and forgiveness as essentially bound up with the movement of dissemination, a concept that Derrida has been working out for many years. For both readers of Baudelaire and students of literary theory, this work will prove indispensable.
Is giving possible? Insofar as it enters into the circle of exchange (gift and countergift, debt, acquittal, compensation, symbolic recognition, memory), the gift seems to get annulled. In order to give, one would have to expect nothing in return: to hope for nothing, to count on nothing from what must remain incalculable.
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