Guild Socialists
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Guild Socialists
Guild socialism is a political movement advocating workers' control of industry through the medium of trade-related guilds "in an implied contractual relationship with the public". It originated in the United Kingdom and was at its most influential in the first quarter of the 20th century. It was strongly associated with G. D. H. Cole and influenced by the ideas of William Morris. History and development Guild socialism was partly inspired by the guilds of craftsmen and other skilled workers which had existed in England in the Middle Ages. In 1906, Arthur Penty published ''Restoration of the Gild System'' in which he opposed factory production and advocated a return to an earlier period of artisanal production organised through guilds. The following year, the journal ''The New Age'' became an advocate of guild socialism, although in the context of modern industry rather than the medieval setting favoured by Penty. In 1914, S. G. Hobson, a leading contributor to ''The New Ag ...
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Workers' Control
Workers' control is participation in the management of factories and other commercial enterprises by the people who work there. It has been variously advocated by anarchists, socialists, communists, social democrats, distributists and Christian democrats, and has been combined with various socialist and mixed economy systems. Workers' councils are a form of workers' control. Council communism, such as in the early Soviet Union, advocates workers' control through workers' councils and factory committees. Syndicalism advocates workers' control through trade unions. Guild socialism advocates workers' control through a revival of the guild system. Participatory economics represents a recent variation on the idea of workers' control. Workers' control can be contrasted to control of the economy via the state, such as nationalization and central planning (see state socialism) versus control of the means of production by owners, which workers can achieve through employer provided stock ...
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Bertrand Russell
Bertrand Arthur William Russell, 3rd Earl Russell, (18 May 1872 – 2 February 1970) was a British mathematician, philosopher, logician, and public intellectual. He had a considerable influence on mathematics, logic, set theory, linguistics, artificial intelligence, cognitive science, computer science and various areas of analytic philosophy, especially philosophy of mathematics, philosophy of language, epistemology, and metaphysics.Stanford Encyclopedia of Philosophy"Bertrand Russell" 1 May 2003. He was one of the early 20th century's most prominent logicians, and a founder of analytic philosophy, along with his predecessor Gottlob Frege, his friend and colleague G. E. Moore and his student and protégé Ludwig Wittgenstein. Russell with Moore led the British "revolt against idealism". Together with his former teacher A. N. Whitehead, Russell wrote ''Principia Mathematica'', a milestone in the development of classical logic, and a major attempt to reduce the whole ...
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Industrial Unionism
Industrial unionism is a trade union organizing method through which all workers in the same industry are organized into the same union, regardless of skill or trade, thus giving workers in one industry, or in all industries, more leverage in bargaining and in strike situations. Industrial unionism contrasts with craft unionism, which organizes workers along lines of their specific trades. History Early history Eugene Debs formed the American Railway Union (ARU) as an industrial organization in response to limitations of craft unions. Railroad engineers and firemen had called a strike, but other employees, particularly conductors who were organized into a different craft, did not join that strike. The conductors piloted scab engineers on the train routes, helping their employers to break the strike. In June 1894, the newly formed, industrially organized ARU voted to join in solidarity with an ongoing strike against the Pullman company. The sympathy strike demonstrated the ...
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National Syndicalism
National syndicalism is a far-right adaptation of syndicalism to suit the broader agenda of integral nationalism. National syndicalism developed in France in the early 20th century, and then spread to Italy, Spain, and Portugal. It is generally considered a variant or school of fascism. France French national syndicalism was an adaptation of Georges Sorel's version of revolutionary syndicalism to the monarchist ideology of integral nationalism, as practised by Action Française. ''Action Française'' was a French nationalist-monarchist movement led by Charles Maurras. Background (1900–1908) In 1900, Charles Maurras declared in ''Action Françaises newspaper that anti-democratic socialism is the "pure" and correct form of socialism. From then on, he and other members of ''Action Française'' (like Jacques Bainville, Jean Rivain, and Georges Valois) interested in Sorel's thought discussed the similarity between the movements in ''Action Françaises conferences and in essay ...
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Mutualism (economic Theory)
Mutualism is an anarchist school of thought and economic theory that advocates a socialist society based on free markets and usufructs, i.e. occupation and use property norms. One implementation of this system involves the establishment of a mutual-credit bank that would lend to producers at a minimal interest rate, just high enough to cover administration. Mutualism is based on a version of the labor theory of value that it uses as its basis for determining economic value. According to mutualist theory, when a worker sells the product of their labor, they ought to receive money, goods, or services in exchange that are equal in economic value, embodying "the amount of labor necessary to produce an article of exactly similar and equal utility". The product of the worker's labour factors the amount of both mental and physical labour into the price of their product. While mutualism was popularized by the writings of anarchist philosopher Pierre-Joseph Proudhon and is mainly asso ...
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Market Socialism
Market socialism is a type of economic system involving the public, cooperative, or social ownership of the means of production in the framework of a market economy, or one that contains a mix of worker-owned, nationalized, and privately owned enterprises. The central idea is that, as in capitalism, businesses compete for profits, however they will be "owned, or at least governed," by those who work in them. Market socialism differs from non-market socialism in that the market mechanism is utilized for the allocation of capital goods and the means of production. Depending on the specific model of market socialism, profits generated by socially owned firms (i.e., net revenue not reinvested into expanding the firm) may variously be used to directly remunerate employees, accrue to society at large as the source of public finance, or be distributed amongst the population in a social dividend. Market socialism is not exclusive, but can be distinguished from the concept of the mixed ...
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Industrial Democracy
Industrial democracy is an arrangement which involves workers making decisions, sharing responsibility and authority in the workplace. While in participative management organizational designs workers are listened to and take part in the decision-making process, in organizations employing industrial democracy they also have the final decisive power (they decide about organizational design and hierarchy as well). In company law, the term generally used is co-determination, following the German word ''Mitbestimmung''. In Germany, companies with more than 2000 employees (or more than 1000 employees in the coal and steel industries) have half of their supervisory boards of directors (which elect management) elected by the shareholders and half by the workers. Although industrial democracy generally refers to the organization model in which workplaces are run directly by the people who work in them in place of private or state ownership of the means of production, there are also rep ...
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Distributism
Distributism is an economic theory asserting that the world's productive assets should be widely owned rather than concentrated. Developed in the late 19th and early 20th centuries, distributism was based upon Catholic social teaching principles, especially Pope Leo XIII's teachings in his encyclical ''Rerum novarum'' (1891) and Pope Pius XI in '' Quadragesimo anno'' (1931). It has influenced Anglo Christian Democratic movements, and has been recognized as one of many influences on the social market economy. Distributism views ''laissez-faire'' capitalism and state socialism as equally flawed and exploitative, favouring instead small independent craftsmen and producers, or if that is not possible, economic mechanisms such as cooperatives and member-owned mutual organisations as well as small to medium enterprises and large-scale competition law reform such as antitrust regulations. Christian democratic political parties such as the American Solidarity Party have advocate ...
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Corporatism
Corporatism is a collectivist political ideology which advocates the organization of society by corporate groups, such as agricultural, labour, military, business, scientific, or guild associations, on the basis of their common interests. The term is derived from the Latin ''corpus'', or "body". As originally conceived, and as enacted in fascist states in mid-20th century Europe, corporatism was meant to be an alternative to both free market economies and socialist economies. The hypothesis that society will reach a peak of harmonious functioning when each of its divisions efficiently performs its designated function, as a body's organs individually contributing its general health and functionality, lies at the center of corporatist theory. Corporatism does not refer to a political system dominated by large business interests, even though the latter are commonly referred to as "corporations" in modern American vernacular and legal parlance; instead, the correct term for thi ...
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