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We discuss  modern monetary policy solutions most feared by the Plutocracy.

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                                                  Capitalism, Democracy and the Variants

 

How it Ends, The Lies About Democracy, Your Feudalistic Future,

Lies About Democracy

Consensus democracy is the application of consensus decision-making to the process of legislation in a democracy. It is characterised by a decision-making structure which involves and takes into account as broad a range of opinions as possible, as opposed to systems where minority opinions can potentially be ignored by vote-winning majorities.[1]

Consensus democracy also features increased citizen participation both in determining the political agenda and in the decision-making process itself. Some[who?] have pointed to developments in information and communication technology as potential facilitators of such systems.

Deliberative democracy (also called discursive democracy) is a form of democracy in which public deliberation is central to legitimate lawmaking. It adopts elements of both representative democracy and direct democracy and differs from traditional democratic theory in that deliberation, not voting, is the primary source of a law's legitimacy.

"Deliberative democracy" was originally coined by Joseph M. Bessette, in "Deliberative Democracy: The Majority Principle in Republican Government," in 1980, and he subsequently elaborated and defended the notion in "The Mild Voice of Reason" (1994).

There are many variants of capitalism in existence. All these forms of capitalism are based on production for profit, at least a moderate degree of market allocation and capital accumulation. The dominant forms of capitalism are listed here.

 Anarcho-capitalism

Main article: Anarcho-capitalism

See also: Free-market anarchism

Anarcho-capitalism is a libertarian and individualist anarchist political philosophy that advocates the elimination of the state and the elevation of the sovereign individual in a free market. In an anarcho-capitalist society, law enforcement, courts, and all other security services would be provided by voluntarily-funded competitors such as dispute resolution organisations and private defense agencies rather than through taxation, and money would be privately and competitively provided in an open market.

Mercantilism

Main article: Mercantilism

See also: Protectionism

A nationalist-oriented form of early capitalism that uses the state to advance national business interests abroad, and holds that the wealth of a nation is increased through a positive balance of trade with other nations.

Free-market capitalism

Main article: Free market

See also: Laissez-faire

Free market capitalism consists of a free-price system where supply and demand are allowed to reach their point of equilibrium without intervention by the government. Productive enterprises are privately-owned, and the role of the state is limited to protecting property rights.

market economy

Main article: Social market

A social market economy is a nominally free-market system where government intervention in price formation is kept to a minimum, but the state provides for moderate to extensive provision of social security, unemployment benefits and recognition of labor rights through national collective bargaining schemes. The social market is based on private ownership of businesses.

State capitalism

Main article: State capitalism

State capitalism consists of state-ownership of profit-seeking enterprises that operate in a capitalist manner in a market economy: examples of this include corporatized government agencies or partial ownership of shares in publicly-listed firms by the state. State capitalism is also used to refer to an economy consisting of mainly private enterprises that are subjected to comprehensive national economic planning by the government, where the state intervenes in the economy to protect specific capitalist businesses. Many anti-USSR socialists, as well as many anarchists, argue that the Soviet Union was never socialist, but rather state capitalist, since the state owned all the means of production and functioned as an enormous corporation, and exploited the working class as such.

Corporate capitalism

Main article: Corporate capitalism

See also: State monopoly capitalism

Corporate capitalism is a free or mixed market characterized by the dominance of hierarchical, bureaucratic corporations, which are legally required to pursue profit. State monopoly capitalism refers to a form of corporate capitalism where the state is used to benefit, protect from competition and promote the interests of dominant or established corporations.

Mixed economy

Main article: Mixed economy

A largely market-based economy consisting of both public ownership and private ownership of the means of production. In practice, a mixed economy will be heavily slanted toward one extreme; most capitalist economies are defined as "mixed economies" to some degree and are characterized by the dominance of private ownership.

Other

Other variants of capitalism include:

Crony capitalism

Finance capitalism

Financial capitalism

Late capitalism

Market economy

Neo-Capitalism

Post-capitalism

State monopoly capitalism

Technocapitalism

Mercantilism & Absolutism

Similar practices of economic regimentation had begun earlier in the medieval towns. However, under mercantilism, given the contemporaneous rise of absolutism, the state superseded the local guilds as the regulator of the economy. During that time the guilds essentially functioned like cartels that monopolized the quantity of craftsmen to earn above-market wages.

Not to be confused with Free market.

Free trade is a system of trade policy that allows traders to trade across national boundaries without interference from the respective governments. According to the law of comparative advantage the policy permits trading partners mutual gains from trade of goods and services.

Under a free trade policy, prices are a reflection of true supply and demand, and are the sole determinant of resource allocation. Free trade differs from other forms of trade policy where the allocation of goods and services among trading countries are determined by artificial prices that may or may not reflect the true nature of supply and demand. These artificial prices are the result of protectionist trade policies, whereby governments intervene in the market through price adjustments and supply restrictions. Such government interventions can increase as well as decrease the cost of goods and services to both consumers and producers.

Interventions include subsidies, taxes and tariffs, non-tariff barriers, such as regulatory legislation and quotas, and even inter-government managed trade agreements such as the North American Free Trade Agreement (NAFTA) and Central America Free Trade Agreement (CAFTA) (contrary to their formal titles) and any governmental market intervention resulting in artificial prices.

Free trade implies the following features:[citation needed]

Trade of goods without taxes (including tariffs) or other trade barriers (e.g., quotas on imports or subsidies for producers)

Trade in services without taxes or other trade barriers

The absence of "trade-distorting" policies (such as taxes, subsidies, regulations, or laws) that give some firms, households, or factors of production an advantage over others

Free access to markets

Free access to market information

Inability of firms to distort markets through government-imposed monopoly or oligopoly power

The free movement of labor between and within countries

The free movement of capital between and within countries

** Welfare capitalism was the response of the West to the abuses "regular" capitalism. In the 19th and early 20th centuries, the economies of the United States and many Western European countries grew exponentially. However, the established wealth for the few elite was marked by 18-hour workdays, no minimum wage, child labor, and dangerous conditions for the lower class. The response to these problems by the West was not Communism, as Karl Marx predicted, but welfare capitalism. Government stepped in to temper capitalism as workers gained political pressure. In the 1930s and 1940s, during the Great Depression, governments created "safety nets" for the citizens, like public welfare and unemployment insurance and established many regulations on all aspects of the economy. Anti-trust laws were enforced, laws outlawing child labor, minimum wage laws, and laws limiting the workday were put into place. Now, markets operate but are constricted to government regulations. The United States, as well as most of Europe (including Russia), run under welfare capitalism.

 

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