Price System

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Definition

"Any social system whatsoever that effects its distribution of goods and services by a system of trade or commerce based on commodity evaluation effected by means of debt tokens, or money, debit cards, et cetera.

The term Price System must not be confused with such terms as profit system, or capitalist system. The factor of ownership does NOT alter the mechanics of operating a Price System, and it may be added in passing, that unless it be in some remote and primitive community, none other than Price Systems exist at the present time."

(https://www.vcn.bc.ca/~monad1/definitions.htm)