Pierre-Joseph Proudhon · Politics

Mutualism: An Economy of Free Producers

Proudhon’s positive programme - not just a critique of property but a blueprint: an economy of independent producers and worker-associations exchanging goods at their labour-cost, financed by mutual free credit, with no capitalist profit, rent, or interest skimmed off the top.

What you'll be able to recall

You learned that mutualism is Proudhon’s constructive alternative to both capitalism and communism: free producers exchanging at labour-cost (reciprocity), organised in associations, funded by mutual credit through a People’s Bank that abolishes interest. Explain how the pieces fit together.

Leads to Josiah Warren.

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