What is Natural Economy
The natural economy is a form of economic system in which the transfer of resources among individuals does not include the use of monetary exchange. Direct trading, entitlement by law, or sharing out according to historic custom are all examples of methods that are utilized in this system for the distribution of resources. In the more intricate kinds of natural economies, certain items may serve as a referent for fair bartering; nevertheless, in general, currency plays only a tiny role in the process of resource allocation. The majority of the items that are created in a natural economy system are not produced with the intention of exchanging them; rather, they are produced for the purpose of direct consumption by the producers themselves, which is referred to as subsistence. Therefore, natural economies have a tendency to be self-sufficient, meaning that all of the items that are consumed are produced within the country.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Natural economy
Chapter 2: Capitalism
Chapter 3: Capital (economics)
Chapter 4: Commodity fetishism
Chapter 5: Economic system
Chapter 6: Exchange value
Chapter 7: History of capitalist theory
Chapter 8: Reproduction (economics)
Chapter 9: Law of value
Chapter 10: Unearned income
Chapter 11: Merchant capitalism
Chapter 12: Economy
Chapter 13: Commodity (Marxism)
Chapter 14: The Origin of Capitalism
Chapter 15: Value-form
Chapter 16: Spheres of exchange
Chapter 17: Perspectives on capitalism by school of thought
Chapter 18: Marxian economics
Chapter 19: Proletariat
Chapter 20: Crisis theory
Chapter 21: Criticism of value-form
(II) Answering the public top questions about natural economy.
(III) Real world examples for the usage of natural economy in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of natural economy.
