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Philanthropy: The New Prada? Competitive Altruism And The Rise Of Philanthropy As The Ultimate Status Symbol

10/06/2016 04:03 pm ET

The Native American Kwakiutl tribe has an unusual practice called potlatching, where tribal chiefs compete to give away their possessions. Strange, but the person who is able to give away the most resources is regarded as the highest-standing member in the group. Anthropologists have observed similar cases of “altruistic signaling” in numerous hunter-gatherer societies, including the Aché of Paraguay and the Meriam of Australia.

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