10 Alternatives to Capitalism

in #economics8 years ago

As we are all faced with the staggering inequalities of modern capitalism most are unprepared for a critical discussion, still mentally awash in the blank-n-white propaganda of communism vs. capitalism. Such over simplification is to delimit discussion and quell discontent. We understand from natural systems amazing complexity and ingenuity, yet we accept simplistic notions in the most important daily fount of resources and their distribution. The article below details nuanced variations for brainstorming, including:

Islamic Finance - Banks take a more community driven view based on sharia law

Firewall Economics - a mixed economy where basic goods and services are available to all basically and the economics of scarcity operate on luxury goods, etc.

Economic Democracy - Based on worker-owner operations where there is more say for employees at all levels of the business operation

Reputation Economy - Like Craigslist or Steemit where reputation is important (the blockchain can create such transparency for ratings and evaluations)

Slow Money - Deals with circulation of money in local economies (local currencies) for the benefits to perpetuate and cycle locally, with food/ag being one of the focuses.

Tradeable Energy Quotas - Another way to ground things and have responsibility regional for environmental footprints of polluting technologies for energy.

Participatory Economics - Where there is more social ownership of economic outcomes and sustainability is an issue managed by councils and more transparent representation.

Community Capitalism - based on variations for the Chinese model where the are concentric circles from the local to the national, while ensuring basic sustenance, redistribution, and local traditional ties. Varies region to region but top authority has consistency.

Objectivist - true laissez-faire, similar to anarcho-libertarian, except that government does have a role in preventing conflict via physical force (instead of the current u.s. government's role of nurturing military force at all cost)

Resource Base/Collaborative Commons - Renewable technology, automation, away from competitive destructions and towards a connected internet of things. Shared resources, technology, and visions.

Read the real content at:
https://listverse.com/2015/06/28/10-potential-alternatives-to-the-conventional-capitalist-system/

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Thank you for pointing out there is more than black and white! It is amazing how some people are stuck in that way of thinking. This information has some new elements for me so it is food for thought. What is your ideal system? What would you implement right now if you had the power to do so? Just curious, it is okay if you don't want to answer.

I'm still putting the pieces together like most people (-: Thanks

yep, I'm an RBE and VP kind of guy !!!!!

A very useful information my friend, thank you for sharing,
I will upvote and resteem ...

gracias por colocar esta información, muy importante.
@calitoo

I could not decide which is better or worse in the same way is the same end! thanks for sharing

I agree with my friends opinion, good post friends.

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