Is individualist anarchism capitalistic?
) A.3.2 Are there different types of social anarchism? Yes. Social anarchism has four major trends — mutualism, collectivism, communism and syndicalism. The differences are not great and simply involve differences in strategy. The one major difference that does exist is between mutualism and the other kinds of social anarchism. Mutualism is based around a form of market socialism — workers’ co-operatives exchanging the product of their labour via a system of community banks. This mutual bank network would be “formed by the whole community, not for the especial advantage of any individual or class, but for the benefit of all . . . [with] no interest . . . exacted on loans, except enough to cover risks and expenses.” [Charles A. Dana, Proudhon and his “Bank of the People”, pp. 44-45] Such a system would end capitalist exploitation and oppression for by “introducing mutualism into exchange and credit we introduce it everywhere, and labour will assume a new aspect and become truly democr
