Underground Economy

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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

  1. Sosteric, Mike. Rocket Scientists’ Guide to Authentic Spirituality. St. Albert, Alberta: Lightning Path Press, 2019.

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