Noncapitalist Markets?

A blog entry by Michael Bauwens

Following the relational typology of Alan Page Fiske, there are four intersubjective modes which have existed cross-culturally and historically: equality matching, authority ranking (feudal-type structures), market pricing, and communal shareholding (according to us: P2P). Societies have always been a mix, but it can be argued that historically we have seen a succession of dominant forms: the gift economy in the tribal era, authority ranking in feudalism, market pricing in capitalism, and my hypothesis is that communal shareholding forms may dominate in a future ?P2P-oriented era?...

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