Feed aggregator
Money 3.0
Chris Cook
Community Currency Guide by Bernard Lietaer and Gwendolyn Hallsmith
Community Currency Guide
by Bernard Lietaer and Gwendolyn Hallsmith
The Great Transformation - Wikipedia, the free encyclopedia
Polanyi makes the distinction between markets as an auxiliary tool for ease of exchange of goods and Market Societies. Market Societies are those where markets are the paramount institution for the exchange of goods through price mechanisms. Polanyi argues that there are three general types of economic systems that existed before the rise of a society based on a free market economy: Redistributive, Reciprocity and Householding.
Redistributive: Trade and production is focused to a central entity such as a tribal leader or feudal lord and then redistributed to members of their society.
Reciprocity: The exchange of goods is based on reciprocal exchanges between social entities. On a macro level this would include the production of goods to gift to other groups.
Householding: Economies where production is centered around individual household production. Family units produce food, textile goods, and tools for their own consumption.
Communal Systems in Central and South America - P2P Foundation
So what, then, is the ayllu? It is a kind of extended familial community, with a common (real or imaginary) ascendancy that collectively works a common territory. It is something akin to the Greek oikos, which provides the etymological root for ‘economy’. Each ayllu is defined by a territory that includes not just a piece of land, but the eco-system of which that land is one component. The territory is not private property. It is not property at all, but the home for all of those living in and from it.


