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.
Economic interventionismEconomic interventionism, sometimes also called state interventionism, is an economic policy position favouring government intervention in the market process with the intention of correcting market failures and promoting the general welfare of the people. An economic intervention is an action taken by a government or international institution in a market economy in an effort to impact the economy beyond the basic regulation of fraud, enforcement of contracts, and provision of public goods and services.
Hard leftHard left or hard-left is a term that is used particularly in Australian and British English to describe the most radical members of a left-wing political party or political group. The term is also a noun and modifier taken to mean the far-left and the left-wing political movements and ideas outside the mainstream centre-left. The term has been used to describe wings and factions of several political parties across the world, such as the left-wing of the Labour Party in the United Kingdom and left-wing factions of the Australian Labor Party.
Political movementA political movement is a collective attempt by a group of people to change government policy or social values. Political movements are usually in opposition to an element of the status quo, and are often associated with a certain ideology. Some theories of political movements are the political opportunity theory, which states that political movements stem from mere circumstances, and the resource mobilization theory which states that political movements result from strategic organization and relevant resources.
Labor rightsLabor rights or workers' rights are both legal rights and human rights relating to labor relations between workers and employers. These rights are codified in national and international labor and employment law. In general, these rights influence working conditions in the relations of employment. One of the most prominent is the right to freedom of association, otherwise known as the right to organize. Workers organized in trade unions exercise the right to collective bargaining to improve working conditions.
Social creditSocial credit is a distributive philosophy of political economy developed by C. H. Douglas. Douglas attributed economic downturns to discrepancies between the cost of goods and the compensation of the workers who made them. To combat what he saw as a chronic deficiency of purchasing power in the economy, Douglas prescribed government intervention in the form of the issuance of debt-free money directly to consumers or producers (if they sold their product below cost to consumers) in order to combat such discrepancy.
Participatory democracyParticipatory democracy, participant democracy or participative democracy is a form of government in which citizens participate individually and directly in political decisions and policies that affect their lives, rather than through elected representatives. Elements of direct and representative democracy are combined in this model. Participatory democracy is a type of democracy, which is itself a form of government. The term "democracy" is derived from the Greek expression δημοκρατία (dēmokratia) (δῆμος/dēmos: people, Κράτος/kratos: rule).
BlanquismBlanquism refers to a conception of revolution generally attributed to Louis Auguste Blanqui (1805–1881) that holds that socialist revolution should be carried out by a relatively small group of highly organised and secretive conspirators. Having seized power, the revolutionaries would then use the power of the state to introduce socialism. It is considered a particular sort of "putschism"—that is, the view that political revolution should take the form of a putsch or coup d'état.
Pluralism (political philosophy)Pluralism as a political philosophy is the recognition and affirmation of diversity within a political body, which is seen to permit the peaceful coexistence of different interests, convictions, and lifestyles. While not all political pluralists advocate for a pluralist democracy, this is most common as democracy is often viewed as the most fair and effective way to moderate between discrete values. As put by arch-pluralist Isaiah Berlin, "let us have the courage of our admitted ignorance, of our doubts and uncertainties.
TaxA tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to collectively fund government spending, public expenditures, or as a way to regulate and reduce negative externalities. Tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.
