Daily Shaarli

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June 4, 2018

Mutualism (economic theory) - Wikipedia

"Mutualism is an economic theory and anarchist school of thought that advocates a society with free markets and occupation and use property norms. One implementation of this scheme 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 holding that when labor or its product is sold, in exchange it ought to receive goods or services embodying "the amount of labor necessary to produce an article of exactly similar and equal utility". Mutualism originated from the writings of philosopher Pierre-Joseph Proudhon."

Lenin and Bukharin
 on imperialism by Phil Gasper

"It is obviously true that one cannot understand the complexities of contemporary geopolitics and imperialism simply by reading Lenin and Bukharin. But it is equally true that if one ignores their key insights, it is not possible to make much sense of the otherwise bewildering set of events that is currently being played out on the international chessboard and, just as importantly, to come up with a coherent political strategy to oppose militarism, war, environmental destruction, and all the other horrors that capitalism creates. The framework Lenin and Bukharin developed a hundred years ago, taken as a methodology and not as a set of dogmas, retains its relevance for activists today."