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. According to mutualist theory, when a worker sells the product of their labor, they ought to receive money, goods, or services in exchange that are equal in economic value, embodying "the amount of labor necessary to produce an article of exactly similar and equal utility". The product of the worker's labour factors the amount of both mental and physical labour into the price of their product.
While mutualism was popularized by the writings of anarchist philosopher Pierre-Joseph Proudhon and is mainly associated as an anarchist school of thought and with libertarian socialism, its origins as a type of socialism go back to the 18th-century labour movement in Britain first, then France and finally to the working-class Chartist movement and Boston Anarchists. Mutualists oppose individuals receiving income through loans, investments and rent under capitalist social relations. Although opposed to this type of income, Proudhon expressed that he had never intended "to forbid or suppress, by sovereign decree, ground rent and interest on capital. I think that all these manifestations of human activity should remain free and voluntary for all: I ask for them no modifications, restrictions or suppressions, other than those which result naturally and of necessity from the universalization of the principle of reciprocity which I propose."
As long as they ensure the worker's right to the full product of their labour, mutualists support markets and property in the product of labour, differentiating between capitalist private property (productive property) and personal property (private property).
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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.
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.
Voltairine de Cleyre (November 17, 1866 – June 20, 1912) was an American anarchist known for being a prolific writer and speaker who opposed capitalism, marriage, and the state, as well as the domination of religion over sexuality and over women's lives, all of which she saw as all interconnected. She is often characterized as a major early feminist because of her views. Born and raised in small towns in Michigan and schooled in a Sarnia, Ontario, Catholic convent, de Cleyre began her activist career in the freethought movement.
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