Choose which do you think is the best form of capitalism. (Please take your time ,read and choose wisely, don't jump directly to a certain conclusion without knowing)
Advanced capitalism - is the situation that pertains in a society in which the capitalist model has been integrated and developed deeply and extensively and for a prolonged period. The expression advanced capitalism distinguishes such societies from the historical previous forms of capitalism, mercantilism and industrial capitalism, and partially overlaps with the concepts of a developed country, of the post-industrial age, of finance capitalism, of post-Fordism, of the spectacular society, of media culture, and of "developed", "modern" and "complex" capitalism. A key feature of advanced-capitalism is "privatism", meaning "political abstinence combined with an orientation to career, leisure and consumption" as well as "family orientation".
Anarcho-capitalism - political philosophy that advocates the elimination of the state in favour of individual sovereignty in a free market. In an anarcho-capitalist society, law enforcement, courts, and all other security services would be provided by privately funded competitors rather than through taxation, and money would be privately and competitively provided in an open market. According to anarcho-capitalists, personal and economic activities would be regulated by privately run law rather than through politics.No government should have the right to prevent another government from going into competition with it, or to require consumers of security to come exclusively to it for this commodity.""The monopoly of government is no better than any other. One does not govern well and, especially not cheaply, when one has no competition to fear, when the ruled are deprived of the right of freely choosing their rulers...The production of security inevitably becomes costly and bad when it is organized as a monopoly."
Black Capitalism - a movement among African Americans to build wealth through the ownership and development of businesses. Black Capitalism is an effort to position Blacks as the owners of land, the means of production, and businesses that own either or both. The aim of Black Capitalism is to bolster self-reliance, both individually and communally.
Capitalizm - a type of capitalism which is based on the ideas of neoliberalism. In a capitalizt nation, the government interferes in absolutely no way, neither by regulations of any kind nor by taxes or subsidies. It is similar to anarcho-capitalism and laissez-faire capitalism. Capitalizm does not involve limitation of freedom and, to the contrary, promotes the freedom of individuals to trade.
Collective capitalism - a form of capitalism that first developed in post-World War II Japan and has since spread to South Korea, Taiwan, Singapore and other East Asian countries. It has also been an influence on the emergence of Chinese capitalism. Collective capitalism places an emphasis on cooperative long-term relationships, resulting in an economy directed by "relational markets". An example of this is interlocking share ownership, in which many companies own shares in other companies; this results in a spirit of cooperation between the involved companies, since each has an interest in the other's performance.
Community capitalism - a system that uses focused and organized philanthropy and business investment occurring simultaneously. It focuses community resources into five key areas: place, capital, infrastructure, talent and education. The strategy holds that, in order for a community to be economically viable, it must address all five areas simultaneously.
Consumer capitalism - is a theoretical economic and social political condition in which consumer demand is manipulated, in a deliberate and coordinated way, on a very large scale, through mass-marketing techniques, to the advantage of sellers. It suggests manipulation of consumer demand so potent that it has a coercive effect, amounts to a departure from free-market capitalism, and has an adverse effect on society in general. Some use the phrase as shorthand for the broader idea that the interests of other non-business entities (governments, religions, the military, educational institutions) are intertwined with corporate business interests, and that those entities also participate in the management of social expectations through mass media.
Corporate capitalism - a capitalist marketplace characterized by the dominance of hierarchical, bureaucratic corporations, which are legally required to pursue profit. In the developed world, corporations dominate the marketplace, comprising 50 percent or more of all businesses. Those businesses which are not corporations contain the same bureaucratic structure of corporations, but there is usually a sole owner or group of owners who are liable to bankruptcy and criminal charges relating to their business. Corporations have limited liability and remain less regulated and accountable than sole proprietorships.
Corporations are usually called public entities or publicly-traded entities when parts of their business can be bought in the form of shares on the stock market.
Crony capitalism - an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of dirigisme. Crony capitalism is believed to arise when political cronyism spills over into the business world; self-serving friendships and family ties between businessmen and the government influence the economy and society to the extent that it corrupts public-serving economic and political ideals.
Democratic capitalism - a political, economic, and social system and ideology based on a tripartite arrangement of a market-based economy based predominantly on a democratic polity, economic incentives through free markets, fiscal responsibility and a liberal moral-cultural system which encourages pluralism. This economic system supports a capitalist free market economy subject to control by a democratic political system that is supported by the majority. It stands in contrast to authoritarian capitalism by limiting the influence of special interest groups, including corporate lobbyists, on politics.
Eco-capitalism - the view that capital exists in nature as "natural capital" (ecosystems that have ecological yield) on which all wealth depends, and therefore, market-based government policy instruments (such as cap and trade systems) should be used to resolve environmental problems.
Finance capitalism - a term in defined as the subordination of processes of production to the accumulation of money profits in a financial system. It is characterized by the pursuit of profit from the purchase and sale of, or investment in, currencies and financial products such as bonds, stocks, futures and other derivatives. It also includes the lending of money at interest.
Financial capitalism - a form of capitalism where the intermediation of savings to investment becomes a dominant function in the economy, with implications for the political process and social evolution. In financial capitalism, financial intermediaries become large concerns, ranging from banks to investment firms, such that deposit banks attract deposits and lend out money while investment banks obtain funds on the interbank market to relend for investment purposes. Investment firms, by comparison, act on behalf of other concerns, by selling their equities or securities to investors, for investment purposes.
Global capitalism - an economic term that relates to the means that goods and services are produced and distributed throughout the world. International trade and economic globalization are the reproduction of the capitalist system, in terms of production, class and state, on a transnational level, therefour capitalism is now viewed as a truly world system.
Humanistic capitalism - a concept that seeks to marry humanism, specifically the safety and health needs of people and the environment, with an embrace of market forces and a market-based economy. Humanistic Capitalism as a socially conscious business world where investors are content to recoup their investments but do not expect additional dividends. The idea of humanistic capitalism is linked with the idea that fundamental changes must take place in economics today, as humanistic capitalism requires that there be a blending of the non-profit and for-profit sectors. If investors can accept the decrease in financial returns for those on a social level, humanistic capitalism will become a successful force in driving economic and social change. Philanthropy is a fundamental concept to humanistic capitalism.
Inclusive capitalism - a term composed of two complementary meanings:
(1) poverty is a significant, systemic problem in countries which have already embraced or are transitioning towards capitalistic economies,
(2) companies and non-governmental organizations can sell goods and services to low-income people, which may lead to targeted poverty alleviation strategies, including improving peopleâÂÂs nutrition, health care, education, employment and environment, but not their political power.
Laissez-faire capitalism - an economic environment in which transactions between private parties are free from tariffs, government subsidies, and enforced monopolies, with only enough government regulations sufficient to protect property rights against theft and aggression. The phrase laissez-faire is French and literally means "let [them] do", but it broadly implies "let it be," "let them do as they will," or "leave it alone." Scholars generally believe a laissez-faire state or a completely free market has never existed.
Late capitalism - capitalism from about 1945 onwards, with the implication that it is a historically limited stage rather than an eternal feature of all future human society. This period includes the era termed the golden age of capitalism (1945 - 1970)
Merchant capitalism - earliest phase in the development of capitalism as an economic and social system. Merchant capitalism is distinguished from the mature variety by the lack of industrialization and commercial finance. Merchant houses were backed by relatively small private financiers acting as intermediaries between simple commodity producers and by exchanging debt with each other. Thus, merchant capitalism preceded the capitalist mode of production as a form of capital accumulation.
Neo-Capitalism - an economic ideology which blends some elements of capitalism with other systems.
Regulatory Capitalism - suggests that the operation maintenance and development of the global political economy increasingly depends on administrative rules outside the legislatures and the courts. The general trend despite and beyond the process of liberalization is that of growth rather than decline of regulation. Deregulation may represent trends in some industries (notably finance) but more regulation is the general trend beyond that characterize modern and post-modern capitalism alike. Regulation in this interpretation is an instrument of organizations - states, business, civil and hybrid and is carried at all political arenas and levels.
Rentier capitalism - a property-owning social class that play no productive role in the economy per se, but who monopolize the access to physical or financial assets and technologies.
Rhine capitalism - a contemporary economic order existing primarily in Western Europe. Characteristics of Rhine capitalism are:
the world of finance is more dominated by the banks instead of the stock exchanges,
close relationships between banks and companies,
a well-adjusted balance of power between share holders and managers,
social partnership between employers and unions,
employees of higher loyalty,
better educated employees thanks to something like the dual education system,
more regulated markets and â last but most importantly âÂÂ
shared values by most of the citizens regarding the ideas of equality and solidarity.
Social capitalism - a system of open markets, unambiguously regulated by an activist state, and one in which the state intervenes to reduce the greater inequalities that competitive markets will inevitably generate. The essence of social capitalism is that markets work best and output is maximized through sound social management of the macroeconomy. Social capitalism posits that a strong social support network for the poor enhances capital output. By decreasing poverty, capital market participation is enlarged.
State capitalist - commercial (profit-seeking) economic activity undertaken by the state with management of the productive forces in a capitalist manner, even if the state is nominally socialist. State capitalism is usually characterized by the dominance or existence of a significant number of state-owned business enterprises. Examples of state capitalism include Corporatized government agencies and states that own controlling shares of publicly listed corporations, effectively acting as a large capitalist and shareholder itself.
State monopoly capitalism - an environment where the state intervenes in the economy to protect large monopolistic or oligopolistic businesses from competition by smaller firms. Big businesses, having achieved a monopoly or cartel position in most markets of importance, fuses with the government apparatus. A kind of financial oligarchy or conglomerate therefore results, whereby government officials aim to provide the social and legal framework within which giant corporations can operate most effectively.
This is a close partnership between big business and government[citation needed], and it is argued that the aim is to integrate labor-unions completely in that partnership.
Supercapitalism - was a concept that developed in Italian Fascism. At the stage of supercapitalism, "a capitalist enterprise, when difficulties arise, throws itself like a dead weight into the state's arms. It is then that state intervention begins and becomes more necessary. It is then that those who once ignored the state now seek it out anxiously." Supercapitalism's ideal is the standardization of the human race from the cradle to the grave. Supercapitalism wants all babies to be born exactly the same length so that the cradles can be standardized and all children persuaded to like the same toys. It wants all men to don the very same uniform, to read the same book, to have the same tastes in films, and to desire the same so-called labor-saving devices. This is not the result of caprice. It inheres in the logic of events, for only thus can supercapitalism make its plans.
Technocapitalism - (a portmanteau word combining "technology" and "capitalism", two of the most commonly used words in the social sciences) refers to changes in capitalism associated with the emergence of new technology sectors, the power of corporations, and new forms of organization. It is a new version of capitalism that generates new forms of corporate organization designed to exploit intangibles such as creativity and new knowledge.
Welfare capitalism - refers either to the combination of a capitalist economic system with a welfare state or, in the American context, to the practice of businesses providing welfare-like services to employees. Welfare capitalism in this second sense, or industrial paternalism, was centered in industries that employed skilled labor and peaked in the mid-20th century.
no capitalism
