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A '''gift economy''' is an [[Economics|economic system]] in which [[money]] and [[Free|the free market]] do not exist, and goods are given freely to those who need or want them. It is the principal economic theory of [[Anarcho-Communism|anarcho-communism]]. | A '''gift economy''' is an [[Economics|economic system]] in which [[money]] and [[Free|the free market]] do not exist, and goods are given freely to those who need or want them. It is the principal economic theory of [[Anarcho-Communism|anarcho-communism]]. | ||
Similar but not identical to a [[Horizontal Economic Planning|horizontally planned economy]], it involves the production of goods by [[Workers' Self-Management|self-managed workplaces]] in a [[free federation]]. In one possible implementation of the gift economy, workplaces may hold councils with local communities and/or [[Delegate|delegates]] to determine how much of a demand there is for certain products. Typically in a gift economy, goods would not be distributed to individuals, but available for any individual in need to take for themselves. | Similar but not identical to a [[Horizontal Economic Planning|horizontally planned economy]], it involves the production of goods by [[Workers' Self-Management|self-managed workplaces]] in a [[free federation]]. In one possible implementation of the gift economy, workplaces may hold councils or [[Democratic Assembly|assemblies]] with local communities and/or [[Delegate|delegates]] to determine how much of a demand there is for certain products. Typically in a gift economy, goods would not be distributed to individuals, but available for any individual in need to take for themselves. |
Latest revision as of 23:51, 10 July 2020
A gift economy is an economic system in which money and the free market do not exist, and goods are given freely to those who need or want them. It is the principal economic theory of anarcho-communism.
Similar but not identical to a horizontally planned economy, it involves the production of goods by self-managed workplaces in a free federation. In one possible implementation of the gift economy, workplaces may hold councils or assemblies with local communities and/or delegates to determine how much of a demand there is for certain products. Typically in a gift economy, goods would not be distributed to individuals, but available for any individual in need to take for themselves.