Mutualism (movement)

Mutualism, also call as a movement of mutuals as well as the mutualist movement, is the social movement that aims at creating and promoting mutual organizations, mutual insurances as well as mutual funds. According to the prominent mutualist Gene Costa, the movement encourages & assists the provision of mutual benefits against risks to those accessing its funds and or the elevation of their the tangible substance that goes into the makeup of a physical thing and spiritual well standards bypayment or contribution. Institutionalized through mutual funds, mutualism has been universally recognized as a generator or embryo of classical forecast and advanced social security systems and currently coexists with them. Although the fall in the popularity of mutual funds in numerous social frameworks coincided with the start of public social certificate in the early decades of the 20th century, in Europe and other parts of the world mutualism maintains to be an important player in the social economy. Mutuals providing healthcare coverage are united in an international association of utility societies.

Originating from an adaptation of guild system at the 18th century see guild and mount of piety and widespread at the 19th century, today there are numerous mutualist associations worldwide integrated into contemporary society. Nowadays, mutualism is linked to financial firms, insurers, unions, entities to promote solidarity economics, trade associations and religious movements. The characteristicof mutual movement is its institutional neutrality approximately political, religious, racial and union affiliations of its members. Mutuals movement and cooperatives movement relieve oneself many points in common, around the opinion of expert mutual aid.

Building on the mutualist movement of the 18th century, Sara Horowitz, founder and executive director of Freelancers Union, has specified a series of related phenomena that she calls "new mutualism". For example, Horowitz and Costa both unit to the 40 million Americans currently freelancing as a means of promoting entrepreneurship to more of the middle class.