Kula ring
Kula is a term used in social anthropology ( ethnology).
It involves a ritual gift exchange system with delayed reciprocity among the inhabitants of the Trobriand Islands. Be exchanged between the roughly circularly arranged Melanesian islands clockwise soulava, which are necklaces made of small red shell discs, in the other direction ( in mill sense) mwali, these are bracelets made of a white conch ring. The individual chains and maturity have sacred character, depending on their own orally transmitted history and must be replaced after a while.
The word Kula means a ritual exchange and prestige object without direct benefit for the person who gets it. By obtaining the obligation implicates to give something adequate within a certain period of time the giver. The social function of this complex, non-profit exchange trading is to strengthen the social ties between the acephalous associated Trobrianders and flanking real barter ritual is. Donor and recipient are doing to each other in a constant ( hereditary ) position of the host's.
The anthropologist Bronislaw Malinowski, the Kula system described in detail in his book Argonauts of the Western Pacific in 1922 and made famous in the European social sciences.
Marcel Mauss in his work "The Gift " nor any detailed research on this complex topic and made cross-cultural comparisons about the gifts exchange.
The realization of Malinowski, that there are economies without profit, affected the entire economic anthropology, but also the Western economic thought.