Underground Economy: Difference between revisions
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The '''Underground Economy''' (a.k.a. the Black Market) is a [[Monetized Economy|monetized economy]] that is not subject to formal monitoring, regulation, | <blockquote class="definition"> | ||
The '''Underground Economy''' (a.k.a. the Black Market) is a [[Monetized Economy|monetized economy]] that is not subject to formal monitoring, regulation, extracting, accumulation of [[labour]] through taxation.<ref>Sosteric, Mike. Rocket Scientists’ Guide to Authentic Spirituality. St. Albert, Alberta: Lightning Path Press, 2019.</ref> The underground economy may be contrasted with the [[Informal Economy|informal economy]] and the [[Official Economy|official economy]]. | |||
</blockquote> | |||
==Related LP Terms== | |||
[[Underground Economy]] > {{#ask:[[Is a related LP term::Underground Economy]]}} | |||
==Non-LP Related Terms== | |||
[[Underground Economy]] > {{#ask:[[Is a related term::Underground Economy]]}} | |||
==Notes== | |||
{{ | |||
{{endstuff}} | |||
[[category:terms]] | |||
[[category:economy]] | |||
[[category:RSGME]] | |||
[[Is a related term::Informal Economy| ]] | |||
[[Is a related term::Official Economy| ]] | |||
Latest revision as of 16:53, 19 December 2022
The Underground Economy (a.k.a. the Black Market) is a monetized economy that is not subject to formal monitoring, regulation, extracting, accumulation of labour through taxation.[1] The underground economy may be contrasted with the informal economy and the official economy.
Related LP Terms
Underground Economy > Regime of Accumulation
Non-LP Related Terms
Underground Economy > Official Economy
Notes
Footnotes
- ↑ Sosteric, Mike. Rocket Scientists’ Guide to Authentic Spirituality. St. Albert, Alberta: Lightning Path Press, 2019.
