Official Economy

The Official Economy is the economy that is recorded, monitored, and policed by those in power, usually with an eye towards extracting labour time through taxation. The official economy may be contrasted with the informal economy and the underground economy.

See Also

Economy

→ Labour | Work | Labour Time

→ Barter | Money (Labour Value of Money / Labour-Exchange Value of Money)

→ Official Economy | Informal Economy | Underground Economy | Monetized Economy

→ Accumulation | Power | Debt | Global Crises

→ Social Class | The Baker's Story

Further Reading

Sosteric, Mike (RSGME). The Rocket Scientists' Guide to Money and the Economy. Lightning Path Press. More Info