Political and Economic Systems
Saturday, Aug 28, 2010
- State/Government: A legitimized, territorial monopoly on deciding law and who can use force and coercion.
- Monarchy: The government is ruled by an individual.
- Democracy: The government is ruled directly or indirectly by the people.
- Republic: Democracy where the people represent themselves through other people.
- Capitalism: Private property.
- Socialism: Some private property. The government is entitled to X% of the products of society for the purpose of equalizing its peoples.
- Communism: No private property. Socialism where X=100.
- Corporatism: Socialism where X > Y such that competitors cannot overcome the state-given power produced by Y.
- Libertarianism/Minarchism: Socialism with the goal of enforcing X < Y.
- Fascism: Corporatism with a nationalistic twist.
- Nazism: Fascism with a racist twist. Nazism is simply a shortened version of the German word for National Socialism.
- Democratic Capitalism: Some people are trying to grab other peoples' property using the government (rent seeking).
- Democratic Socialism: Socialism with the population directly or indirectly deciding X.
- Anarcho-Capitalism: Capitalism without government. The basic argument is that granting a monopoly on violence to one group of people makes things worse, and all government functions are better accomplished.
The United States is corporatism based on democratic capitalism, with X = 50.