Search results
Results From The WOW.Com Content Network
Mutual aid is an organizational model where voluntary, collaborative exchanges of resources and services for common benefit take place amongst community members to overcome social, economic, and political barriers to meeting common needs. This can include physical resources like food, clothing, or medicine, as well as services like breakfast ...
Mutualism, also known as the movement of mutuals and the mutualist movement, is a social movement that aims at creating and promoting mutual organizations, mutual insurances and mutual funds. According to the prominent mutualist Gene Costa, the movement encourages and assists the provision of mutual benefits against risks to those accessing its ...
This was eventually taken up by John Beverley Robinson, who built on Tucker's critique to advocate for cooperative economics and mutual aid. [84] Tucker's followers dedicated themselves to elaborating mutualist projects, with Alfred B. Westrup, Herman Kuehn and Clarence Lee Swartz all writing extensively on the subject of mutual credit. [85]
Mutual aid is a voluntary reciprocal exchange of resources and services for mutual benefit. It may also refer to: Mutual Aid: A Factor of Evolution, a 1902 collection of anthropological essays by anarchist philosopher Peter Kropotkin; Mutual aid (emergency services), an agreement between emergency responders; Mutual aid, an element of social ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Mutual benefit corporations are formed for common gain purposes such as providing insurance for members (many insurance companies still have "mutual" in their names, though many have since adopted other corporate forms), establishing a community financial institution, managing common property, or promoting the social or economic welfare of ...
There is an important conceptual difference between the sense of "a" public good, or public "goods" in economics, and the more generalized idea of "the public good" (in the sense of common good, public benefit, or public interest), "a shorthand signal for shared benefit at a societal level".
In economics, search and matching theory is a mathematical framework attempting to describe the formation of mutually beneficial relationships over time. It is closely related to stable matching theory. Search and matching theory has been especially influential in labor economics, where it