[PAR] [TLE] Mutual savings bank [SEP] A mutual savings bank is a financial institution chartered by a central or regional government, without capital stock, that is owned by its members who subscribe to a common fund.  From this fund claims, loans, etc., are paid.  Profits after deductions are shared among the members.  The institution is intended to provide a safe place for individual members to save and to invest those savings in mortgages, loans, stocks, bonds and other securities and to share in any profits or losses that result.  The members own the business. [PAR] [TLE] Mutualism (economic theory) [SEP] Mutualism is an economic theory and anarchist school of thought that advocates a society where each person might possess a means of production, either individually or in purely voluntary collectives, with trade representing equivalent amounts of labor in the free market.  Integral to the scheme is 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 labor theory of value that holds that when labor or its product is sold, in exchange, it ought to receive goods or services embodying "the amount of labor necessary to produce an article of exactly similar and equal utility".  Mutualism originated from the writings of philosopher Pierre-Joseph Proudhon.
[PAR] [TLE] Mutual savings bank [ SEP ] A mutual savings bank is a financial institution chartered by a central or regional government , without capital stock , that is owned by its members who subscribe to a common fund . From this fund claims , loans , etc . , are paid . Profits after deductions are shared among the members . The institution is intended to provide a safe place for individual members to save and to invest those savings in mortgages , loans , stocks , bonds and other securities and to share in any profits or losses that result . The members own the business . [PAR] [TLE] Mutualism ( economic theory ) [ SEP ] Mutualism is an economic theory and anarchist school of thought that advocates a society where each person might possess a means of production , either individually or in purely voluntary collectives , with trade representing equivalent amounts of labor in the free market . Integral to the scheme is 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 labor theory of value that holds that when labor or its product is sold , in exchange , it ought to receive goods or services embodying " the amount of labor necessary to produce an article of exactly similar and equal utility " . Mutualism originated from the writings of philosopher Pierre - Joseph Proudhon .
Mutualism is an economic theory and anarchist school of thought that advocates a society where each person might possess a means of production, either individually or in purely ? collectives, with trade representing equivalent amounts of labor in the free market, integral to the scheme is the establishment of a mutual-credit bank, is a financial institution chartered by a central or regional government, without capital stock, that is owned by its members who subscribe to a common fund?
Mutualism is an economic theory and anarchist school of thought that advocates a society where each person might possess a means of production , either individually or in purely ? collectives , with trade representing equivalent amounts of labor in the free market , integral to the scheme is the establishment of a mutual - credit bank , is a financial institution chartered by a central or regional government , without capital stock , that is owned by its members who subscribe to a common fund ?
voluntary
voluntary