mutualism
noun
- An economic system based on free labor and fair trade
- organism relationship in which each individual benefits from the activity of the other
Wiktionary
Pronunciation: /ˈmjuː.tʃʊ.əˌlɪz.m̩/ / /ˈmju.t͡ʃu.əˌlɪz.m̩/
noun
Etymology: From mutual + -ism. Compare French mutualisme and Italian, Portuguese, and Spanish mutualismo.
- Any interaction between two species that benefits both; typically involves the exchange of substances or services.
- An economic theory and anarchist school of thought that advocates a society where each person might possess a means of production, either individually or collectively, with trade representing equivalent amounts of labor in the free market.