Concept
Anarchist economics
Related concepts (20)
Socialist economics
Socialist economics comprises the economic theories, practices and norms of hypothetical and existing socialist economic systems. A socialist economic system is characterized by social ownership and operation of the means of production that may take the form of autonomous cooperatives or direct public ownership wherein production is carried out directly for use rather than for profit. Socialist systems that utilize markets for allocating capital goods and factors of production among economic units are designated market socialism.
Market socialism
Market socialism is a type of economic system involving social ownership of the means of production within the framework of a market economy. Various models for such a system exist, usually involving some mix of public, cooperative, and privately owned enterprises. The central idea is that, as in capitalism, businesses compete for profits, however they will be "owned, or at least governed," by those who work in them. Market socialism differs from non-market socialism in that the market mechanism is utilized for the allocation of capital goods and the means of production.
Mutualism (economic theory)
Mutualism is an anarchist school of thought and economic theory that advocates a socialist society based on free markets and usufructs, i.e. occupation and use property norms. One implementation of this system involves the establishment of a mutual-credit bank that would lend to producers at a minimal interest rate, just high enough to cover administration. Mutualism is based on a version of the labor theory of value that it uses as its basis for determining economic value.
Right-libertarianism
Right-libertarianism, also known as libertarian capitalism or right-wing libertarianism, is a libertarian political philosophy that supports capitalist property rights and defends market distribution of natural resources and private property. The term right-libertarianism is used to distinguish this class of views on the nature of property and capital from left-libertarianism, a type of libertarianism that combines self-ownership with an egalitarian approach to natural resources.
Anarchism in the United States
In the United States, anarchism began in the mid-19th century and started to grow in influence as it entered the American labor movements, growing an anarcho-communist current as well as gaining notoriety for violent propaganda of the deed and campaigning for diverse social reforms in the early 20th century. By around the start of the 20th century, the heyday of individualist anarchism had passed and anarcho-communism and other social anarchist currents emerged as the dominant anarchist tendency.
Individualist anarchism in Europe
Individualist anarchism in Europe proceeded from the roots laid by William Godwin and soon expanded and diversified through Europe, incorporating influences from individualist anarchism in the United States. Individualist anarchism is a tradition of thought within the anarchist movement that emphasize the individual and his or her will over external determinants such as groups, society, traditions, and ideological systems.
Market anarchism
Market anarchism, also known as free-market anti-capitalism, is the branch of anarchism that advocates a free-market economic system based on voluntary interactions without the involvement of the state. A form of individualist anarchism, and libertarian socialism, it is based on the economic theories of mutualism and individualist anarchism in the United States. Samuel Edward Konkin III's agorism is a strand of left-wing market anarchism that has been associated with left-libertarianism.
Heterodox economics
Heterodox economics is any economic thought or theory that contrasts with orthodox schools of economic thought, or that may be beyond neoclassical economics. These include institutional, evolutionary, feminist, social, post-Keynesian (not to be confused with New Keynesian), ecological, Austrian, complexity, Marxian, socialist, and anarchist economics. Economics may be called orthodox or conventional economics by its critics.
Pierre-Joseph Proudhon
Pierre-Joseph Proudhon (UKˈpɹuːdɒ̃, USpɹuːˈdɒ̃,_pɹuːˈdoʊn, pjɛʁ ʒɔzɛf pʁudɔ̃; 15 January 1809 – 19 January 1865) is considered by many to be the "father of anarchism". His background was as a French socialist, politician, philosopher, economist and the founder of mutualist philosophy. He was the first person to declare himself an anarchist, using that term, and is widely regarded as one of anarchism's most influential theorists. Proudhon became a member of the French Parliament after the Revolution of 1848, whereafter he referred to himself as a federalist.
Participatory economics
Participatory economics, often abbreviated Parecon, is an economic system based on participatory decision making as the primary economic mechanism for allocation in society. In the system, the say in decision-making is proportional to the impact on a person or group of people. Participatory economics is a form of socialist decentralized planned economy involving the collective ownership of the means of production. It is a proposed alternative to contemporary capitalism and centralized planning.