'IOU Nothing'
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Date
2001
Authors
Valentine, Jeremy
Citation
Valentine, J. (2001) ‘IOU Nothing’, in N. Cummings and M. Lewandowska (eds) Capital: a project. London: Tate Publishing, pp. 39–56.
Abstract
With references range from Aristotle to Derrida and Adam Smith to Susan Stewart; the essay reveals how receiving a gift triggers the obligation to reciprocate, the countergift necessitates a return and so on, endlessly. The twin themes of the gift and debt are located as the heart of the respective institutions, and reveals the gesture of the gift as the core of the Capital itself.