3 ms·
Uhhh, correct me if I'm wrong but the big difference is labor vouches are used up when you 'spend' them, so they can't be accumulated as capital. Also Proudhon
by 7sidedmarble 6y ago
Uhhh, correct me if I'm wrong but the big difference is labor vouches are used up when you 'spend' them, so they can't be accumulated as capital.
Also Proudhon never talked about them, it was someone else In his circle. Proudhon espoused something called mutual credit I believe.
- igorkraw 6y agoI have it all mixed up in my head tbh, you are right. Mutual credit is an even more explicit money mechanism though