Based On Gift Exchange In Pre-capitalist Socio-economic Growth

The dominant model on the economic growth in a pre-capitalistic society is Malthusian/Richardian theory on population, but it was so a rude theory, it can' t give a just explanation mainly on the two obvious facts: (1) why was there a growth (while it is slight); And (2) why do we have a rapid grow in some periods and a decline in the other periods? The modern economic theory also can' t fit well with the population and production data in those periods. This paper focuses on exploring a reasonable economic growth model in a pre-capitalistic society.We find there was a gift exchange rule, as the commodity trade rule does the important effect in a capitalistic society, which is the underlying power to maintain a stable society and get some increase. At the same time, we discuss the hidden implication on the gift as a source to save/invest, by which we come to build a pre-capitalistic economic growth model based on the gift exchange.By importing the factor of gift exchange and considering a dynastic preference, we can explain the stable status, the sudden economic growth in some periods and the declining of a pre-capitalistic economy in the other periods. The enlargement of the scope of gift exchange improves pre income, while both the gift exchange factor (M) and the technology factor (A) are the determinate powers on one society' s per capita income and population. There have line cases on the economic growth in a pre-capitalistic society, they are "stabilization on population/increase on income" , "increase on population/ increase on income" , "decrease on population/ increase on income" , "increase on population/decrease on income" , "increase on population/stabilization on income" , "decrease on population/stabilization on income" , "stabilization on oopulation/stabilization on income" , "stabilization on population/decrease on income" , and "decrease onpopulation/decrease on income" .Especially we can give an inspiring explanation on one culture' s uprising and fall by simultaneously joining the gift exchange factor (M) and the technology factor (A). The uprising of a culture comes from the technology progress and the enlargement of the scope of gift exchange, and the rate of technology progress exceeds the speed of the enlargement of the scope of gift exchange. But the two factors can also lead to a fall of a culture.We also research the evolution of a pre-capitalistic economy to a commodity economy. A commodity economy is the nature result on the growth of a gift economy; the inner frangibility in a gift economy accelerates the birth of the relation of commodity trade gradually.