Mutualism (economic theory)

Part of a series on
Anarchism
Glossary History Outline
Schools of thought Black Feminist Green Primitivist Social ecology Total liberation Individualist Egoist Market Philosophical Mutualist Queer Religious Christian Jewish Social Collectivist Parecon Communist Magonism Without adjectives Methodology Counter-economics Illegalism Insurrectionary Pacifist Platformism Relationship Syndicalist Synthesis
Theory Practice Anarchy Anarchist Black Cross Anarchist criminology Anationalism Anti-authoritarianism Anti-capitalism Anti-militarism Affinity group Autonomous social center Black bloc Classless society Class struggle Consensus decision-making Conscientious objector Critique of work Decentralization Deep ecology Direct action Free love Freethought Horizontalidad Individualism Law Mutual aid Participatory politics Permanent autonomous zone Prefigurative politics Proletarian internationalism Propaganda of the deed Refusal of work Revolution Rewilding Sabotage Security culture Self-ownership Social ecology Sociocracy Somatherapy Spontaneous order Squatting Temporary autonomous zone Union of egoists Voluntary association Workers' council
People Alston Armand Ba Bakunin Berkman Bonanno Bookchin Bourdin Chomsky Cleyre Day Durruti Ellul Ervin Faure Fauset MacDonald Ferrer Feyerabend Giovanni Godwin Goldman González Prada Graeber Guillaume He-Yin Kanno Kōtoku Kropotkin Landauer Liu Magón Makhno Maksimov Malatesta Mett Michel Most Parsons Pi i Margall Pouget Proudhon Raichō Reclus Rocker Santillán Spooner Stirner Thoreau Tolstoy Tucker Volin Ward Warren Yarchuk Zerzan
Issues Animal rights Capitalism Education Love and sex Nationalism Religion Violence
History French Revolution Revolutions of 1848 Spanish Regional Federation of the IWA Paris Commune Hague Congress Cantonal rebellion Haymarket affair International Conference of Rome Trial of the Thirty International Conference of Rome Ferrer movement Strandzha Commune Congress of Amsterdam Tragic Week High Treason Incident Manifesto of the Sixteen German Revolution of 1918–1919 Bavarian Soviet Republic 1919 United States bombings Biennio Rosso Kronstadt rebellion Makhnovshchina Amakasu Incident Alt Llobregat insurrection Anarchist insurrection of January 1933 Anarchist insurrection of December 1933 Spanish Revolution of 1936 Barcelona May Days Red inverted triangle Labadie Collection Provo May 1968 Kate Sharpley Library Carnival Against Capital 1999 Seattle WTO protests Really Really Free Market Occupy movement
Culture A las Barricadas Anarchist bookfair Anarcho-punk Arts DIY ethic Escuela Moderna Films Freeganism Infoshop Independent Media Center The Internationale Jewish anarchism Lifestylism May Day "No gods, no masters" Popular education "Property is theft!" Radical cheerleading Radical environmentalism Self-managed social center Symbolism
Economics Communization Cooperative Cost the limit of price Decentralized planned economy Free association General strike Gift economy Give-away shop Labour voucher Market socialism Mutual bank Mutual credit Social ownership Wage slavery Workers' self-management
By region Africa Albania Algeria Andorra Argentina Armenia Australia Austria Azerbaijan Bangladesh Belarus Belgium Bolivia Bosnia and Herzegovina Brazil Bulgaria Canada Chile China Colombia Costa Rica Croatia Cuba Cyprus Czech Republic Denmark Dominican Republic East Timor Ecuador Egypt El Salvador Estonia Finland France French Guiana Georgia Germany Greece Guatemala Hong Kong Hungary Iceland India Indonesia Iran Ireland Israel Italy Japan Korea Latvia Malaysia Mexico Monaco Mongolia Morocco Netherlands New Zealand Nicaragua Nigeria Norway Panama Paraguay Peru Philippines Poland Portugal Puerto Rico Romania Russia Serbia Singapore South Africa Spain Sweden Switzerland Syria Taiwan Tunisia Turkey Ukraine United Kingdom United States Uruguay Venezuela Vietnam
Lists Anarcho-punk bands Books Fictional characters Films Jewish anarchists Musicians Periodicals
Related topics Anti-corporatism Anti-consumerism Anti-fascism Anti-globalization Anti-statism Anti-war movement Autarchism Autonomism Communism Definition of anarchism and libertarianism Dual Power Labour movement Left communism Left-libertarianism Libertarianism Libertarian socialism Marxism Relationship between Friedrich Nietzsche and Max Stirner Situationist International Socialism Spontaneous order
Anarchism portal Politics portal
v t e

Mutualism is an anarchist school of thought and anti-capitalist market^[1] socialist^[2] economic theory that advocates for workers' control of the means of production, a market economy made up of individual artisans and workers' cooperatives, and occupation and use property rights. As proponents of the labour theory of value and labour theory of property, mutualists oppose all forms of economic rent, profit and non-nominal interest, which they see as relying on the exploitation of labour. Mutualists seek to construct an economy without capital accumulation or concentration of land ownership. They also encourage the establishment of workers' self-management, which they propose could be supported through the issuance of mutual credit by mutual banks, with the aim of creating a federal society.

Mutualism has its roots in the utopian socialism of Robert Owen and Charles Fourier. It first developed a practical expression in Josiah Warren's community experiments in the United States, which he established according to the principles of equitable commerce based on a system of labor notes. Mutualism was first formulated into a comprehensive economic theory by the French anarchist Pierre-Joseph Proudhon, who proposed the abolition of unequal exchange and the establishment of a new economic system based on reciprocity. In order to establish such a system, he proposed the creation of a "People's Bank" that could issue mutual credit to workers and eventually replace the state; although his own attempts to establish such a system were foiled by the 1851 French coup d'état.

After Proudhon's death, mutualism lost its popularity within the European anarchist movement and was eventually redefined in counterposition to anarchist communism. Proudhon's thought was instead taken up by American individualists, who came to be closely identified with mutualist economics. Joshua K. Ingalls and William Batchelder Greene developed on mutualist theories of value, property and mutual credit, while Benjamin Tucker elaborated a mutualist critique of capitalism. The American mutualist Dyer Lum attempted to bridge the divide between communist and individualist anarchists, but many of the latter camp eventually split from the anarchist movement and embraced right-wing politics.

Mutualist ideas were later implemented in local exchange trading systems and alternative currency models, but the tendency itself fell out of the popular consciousness during the 20th century. The advent of the internet generated a revived interest in mutualist economics, particularly after the publication of new works on the subject by American libertarian theorist Kevin Carson.