Concentration of land ownership in the context of "Mutualism (economic theory)"

Play Trivia Questions online!

or

Skip to study material about Concentration of land ownership in the context of "Mutualism (economic theory)"

Ad spacer

⭐ Core Definition: Concentration of land ownership

Concentration of land ownership refers to the ownership of land in a particular area by a small number of people or organizations. It is sometimes defined as additional concentration beyond that which produces optimally efficient land use.

↓ Menu

>>>PUT SHARE BUTTONS HERE<<<

👉 Concentration of land ownership in the context of Mutualism (economic theory)

Mutualism is an anarchist school of thought and economic theory that advocates for workers' control of the means of production, a free market made up of individual artisans, sole proprietorships and workers' cooperatives, and occupation and use property rights. As proponents of the labour theory of value and labour theory of property, mutualists oppose all forms of economic rent, profit and non-nominal interest, which they see as relying on the exploitation of labour. Mutualists seek to construct an economy without capital accumulation or concentration of land ownership. They also encourage the establishment of workers' self-management, which they propose could be supported through the issuance of mutual credit by mutual banks, with the aim of creating a federal society.

Mutualism has its roots in the utopian socialism of Robert Owen and Charles Fourier. It first developed a practical expression in Josiah Warren's community experiments in the United States, which he established according to the principles of equitable commerce based on a system of labor notes. Mutualism was first formulated into a comprehensive economic theory by the French anarchist Pierre-Joseph Proudhon, who proposed the abolition of unequal exchange and the establishment of a new economic system based on reciprocity. In order to establish such a system, he proposed the creation of a "People's Bank" that could issue mutual credit to workers and eventually replace the state; although his own attempts to establish such a system were foiled by the 1851 French coup d'état.

↓ Explore More Topics
In this Dossier

Concentration of land ownership in the context of Land Acts (Ireland)

The Land Acts (officially Land Law (Ireland) Acts) were a series of measures to deal with the question of tenancy contracts and peasant proprietorship of land in Ireland in the nineteenth and twentieth centuries. Five such acts were introduced by the government of the United Kingdom between 1870 and 1909. Further acts were introduced by the governments of the Irish Free State after 1922 and more acts were passed for Northern Ireland.

The success of the Land Acts in reducing the concentration of land ownership is indicated by the fact that in 1870, only 3% of Irish farmers owned their own land while 97% were tenants. By 1929, this ratio had been reversed with 97.4% of farmers holding their farms in freehold. However, as Michael Davitt and other Georgists had foreseen, peasant proprietorship did not end hardship in the Irish countryside. Emigration and economic disadvantage continued while the greatest beneficiaries of land reform were the middle class of medium farmers.

↑ Return to Menu