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The socialist mode of production, also known as socialism or communism, [a] is a specific historical phase of economic development and its corresponding set of social relations that emerge from capitalism in the schema of historical materialism within Marxist theory.
In some co-operative economics literature, the aim is the achievement of a co-operative commonwealth, a society based on cooperative and socialist principles. Co-operative economists – federalist, individualist, and otherwise – have presented the extension of their economic model to its natural limits as a goal.
Primitive communism is an attempt to describe the gift economies of hunter-gatherers throughout history, where resources and property hunted or gathered are shared within the group as communism.
A moneyless economy or nonmonetary economy is a system for allocation of goods and services without payment of money. The simplest example is the family household. Other examples include barter economies, gift economies and primitive communism. Even in a monetary economy, there are a significant number of nonmonetary transactions.
A mixed economy is an economy that incorporates elements of both free market transactions and government control. While a mixed economy generally allows private property and prices, it also will ...
Distributism requires either direct or indirect distribution of the means of production (productive assets)—in some ideological circles including the redistribution of wealth—to a wide portion of society instead of concentrating it in the hands of a minority of wealthy elites (as seen in its criticism of certain varieties of capitalism ...
The top 10 once again looks a little different in the new US LBM Coaches Poll after Week 12. The shuffling, however, didn’t reach the apex of the rankings. Oregon remains the unanimous No. 1 ...
Costco slightly beat estimates in its fiscal first quarter results as inflation-weary shoppers turn to the wholesale retailer.Adjusted earnings per share came in at $4.04, compared to Bloomberg ...