Natural Economy

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.