Economic ideologies

Anarcho-capitalism (aka free market anarchism) is a philosophy based on the idea of individual sovereignty, and a prohibition against initiatory coercion and fraud. It sees the only just basis for law as arising from private property norms and an unlimited right of contract between sovereign individuals. From this basis, anarcho-capitalism rejects the state as an unjustified monopolist and systematic aggressor against sovereign individuals, and embraces anti-statist laissez-faire capitalism. Anarcho-capitalists would aim to protect individual liberty and property by replacing a government monopoly, which is involuntarily funded through taxation, with private, competing businesses that use physical force only in defense of liberty and property against aggressors. Hence, they believe that all goods and services, including law, order, and security, should be supplied through the mechanism of a free market. ...more on Wikipedia about "Anarcho-capitalism"

Anarcho-syndicalism is a branch of anarchism which focuses on the labor movement, hence the " syndicalism" qualification. Anarcho-syndicalists view labor unions as a potential force for revolutionary social change, replacing capitalism and the state with a new society democratically self-managed by workers. Anarcho-syndicalists seek to abolish the wage system and private ownership of the means of production, which leads to class divisions. ...more on Wikipedia about "Anarcho-syndicalism"

Anti-globalization is a term most commonly used to describe the political stance of people and groups who oppose globalization, most often current global trade agreements and trade-governing bodies such as the World Trade Organization. ...more on Wikipedia about "Anti-globalization"

In common usage, the word capitalism means an economic system in which the means of production are overwhelmingly privately owned and operated for profit, with privately determined investment of capital, and where production, distribution, and the prices of goods, services, and labor are affected by the forces of supply and demand in a largely free market. ...more on Wikipedia about "Capitalism"

Communism refers to a conjectured future classless, stateless social organization based upon common ownership of the means of production, and to a variety of political movements which claim the establishment of such a social organization as their ultimate goal. Early forms of human social organization have been described as "primitive communism." However, communism as a political goal generally denotes a conjectured future form of social organization which has never been implemented. There is a considerable variety of views among self-identified communists. However, schools of communism associated with Karl Marx ( Marxism) and of Vladimir Lenin ( Leninism) have the distinction of having been a major force in world politics since the early 20th century. Class struggle plays a central role in the theory of Marxism. The establishment of communism is in this theory viewed as the culmination of the class struggle between the capitalist class (the owners of capital) and the working class. Marx held that society could not be transformed from the capitalist mode of production to the communist mode of production all at once, but required a transitional period which Marx described as the revolutionary dictatorship of the proletariat. The communist society Marx envisioned emerging from capitalism has never been implemented, it remains theoretical. However, the term "Communism", especially when the word is capitalized, is often used to refer to the political and economic regimes under communist parties. ...more on Wikipedia about "Communism"

Consumerism is a term used to describe the effects of equating personal happiness with purchasing material possessions and consumption. It is often associated with criticisms of ...more on Wikipedia about "Consumerism"

Historically, corporatism or corporativism (Italian corporativismo) is a political system in which legislative power is given to civic assemblies that represent economic, industrial, agrarian, and professional groups. Unlike pluralism, in which many groups must compete for control of the state, in corporatism, certain unelected bodies take a critical role in the decision-making process. These corporatist assemblies are not the same as contemporary business corporations or incorporated groups. ...more on Wikipedia about "Corporatism"

Democratic Capitalism is a economic ideology based on a tripartite arrangement of a market-based economy based predominantly on economic incentives through free markets, a democratic polity and a liberal moral- cultural system which encourages pluralism. ...more on Wikipedia about "Democratic capitalism"

Distributism, also known as distributionism and distributivism, is a third-way economic philosophy formulated by such Catholic thinkers as G. K. Chesterton and Hilaire Belloc to apply the principles of social justice theoretically articulated by the Roman Catholic Church. According to distributism, the ownership of the means of production should be spread as widely as possible among the populace, rather than being centralized under the control of a few state bureaucrats (some forms of socialism) or a minority of resource-commanding individuals ( capitalism). A summary of distributism is found in Chesterton's statement: "Too much capitalism does not mean too many capitalists, but too few capitalists" ("The Uses of Diversity", 1921). ...more on Wikipedia about "Distributism"

Economic Democracy is David Schweickart's term for a form of market socialism that embodies three key ideas: ...more on Wikipedia about "Economic Democracy"

The term economics of fascism is used to articulate the opinion that there are distinct economic characteristics of fascist regimes during the 1920s and 1930s. This branch of thought claims private (or nominally private) ownership of the means of production that was heavily coordinated by government is a defining trait of the economic policies of fascist governments. Cited aspects include economic interventionism, Central economic coordination, mercantilism, economic nationalism, corporativism, protectionism, a welfare state, and militarism as an economic institution. ...more on Wikipedia about "Economics of fascism"

The fair trade movement, also known as the trade justice movement, promotes international labour, environment and social standards for the production of traded goods and services. The movement focuses in particular on exports from the Third and Second Worlds to the First World. Standards may be voluntarily adhered to by importing firms, or enforced by governments through a combination of employment and commercial law. Proposed and practiced fair trade policies vary widely, ranging from the commonly adhered to prohibition of goods made using slave labour to minimum price support schemes such as those for coffee in the 1980s. Non-governmental organizations also play a role in promoting fair trade standards by serving as independent monitors of compliance with fairtrade labelling requirements. ...more on Wikipedia about "Fair trade"

Fascism (in Italian, fascismo), capitalized, was the authoritarian political movement which ruled Italy from 1922 to 1943 under the leadership of Benito Mussolini. Similar political movements, including Nazism, spread across Europe between World War I and World War II. ...more on Wikipedia about "Fascism"

There are numerous debates concerning fascism and ideology and where fascism fits on the political spectrum. The definitional debates and arguments by academics over the nature of fascism fill entire bookshelves. ...more on Wikipedia about "Fascism and ideology"

Free Silver was an important political issue in the late 19th century United States. ...more on Wikipedia about "Free Silver"

Free trade is the unhindered flow of goods and services between countries, and is a name given to economic policies and parties supporting increases in such trade. ...more on Wikipedia about "Free trade"

Georgism, named after Henry George ( 1839- 1897), is a philosophy and economic ideology that follows from the belief that everyone owns what they create, but everything supplied by nature, most importantly land, belongs equally to all humanity. ...more on Wikipedia about "Georgism"

Green economics loosely defines a theory of economics by which an economy is considered to be a component of the ecosystem in which it resides. A holistic approach to the subject is typical, such that economic ideas are commingled with any number of other subjects, depending on the particular theorist. Proponents of feminism, postmodernism, the ecology movement, peace movement, Green movement, green anarchism and the anti-globalization movement have used the term to describe very different ideas. Accordingly, green economics has been viewed as external to mainstream economics, although there are varying degrees of diffusion and debate on what are the points of contention. It is thus preferable to refer to a loose school of "green economists" rather than any single "green economics". ...more on Wikipedia about "Green economics"

Gross National Happiness (GNH) is an attempt to define a standard of living in more holistic and psychological terms than Gross National Product. ...more on Wikipedia about "Gross national happiness"

The infant industry argument is an economic reason for protectionism. ...more on Wikipedia about "Infant industry argument"

Infosocialism was originally a fictional philosophy created by David Pulver, Jon F. Zeigler and Sean Punch for the Transhuman Space role-playing game. However, it has found some real-world adherents. ...more on Wikipedia about "Infosocialism"

Islamic economics is economics in accordance with Islamic law. Because the Qur'an spoke against usury in the context of early Muslim society, it generally entails trying to remove or redefine interest rates from financial institutions. In doing so, Islamic economists hope to produce a more 'Islamic society'. However, liberal movements within Islam may deny the need for this field, since they generally see Islam as compatible with modern secular institutions and law. ...more on Wikipedia about "Islamic economics"

The Juche Idea (pronounced / / in Korean, approximately "joo-cheh") is the basic governing idea of North Korea, and colloquially the political system based on that principle. The essence of Juche is the belief that the people, collectively, must be the subject and masters of social revolution. Juche is often translated (although not by North Korea itself) as "self-reliance". ...more on Wikipedia about "Juche"

Laissez-faire (less-ay fair, less-ay pass-ay) is short for "laissez faire, laissez passer," a French phrase meaning "let do, let pass." ...more on Wikipedia about "Laissez-faire"

Libertarianism is a political philosophy that favors individual rights, private property rights, and free markets. Libertarians believe that individuals should be free to act as they wish as long as they do not initiate or threaten the use of physical force or fraud against another person or their property. Libertarians oppose all or most government intervention in private affairs, except when made in the defense of liberty. ...more on Wikipedia about "Libertarianism"

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