Post-capitalism
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Post-capitalism, refers to any hypothetical future economic system that is to supersede capitalism as the dominant form of economic organization.
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[edit] Post-Capitalist systems
There have been a number of proposals for a new economic system to replace capitalism. Some are theorized to come about through spontaneous evolutionary processes as capitalism becomes obsolete, while others are proposed models to replace capitalism. The most notable among them are:
[edit] Socialism
- Socialist economics, an economic system based on state or public ownership of the means of production where production is carried out to directly produce use-value, usually implying economic planning in the allocation of the factors of production, and a moneyless form of accounting, such as physical resource accounting or labor-time. Socialism would be based on direct production of utility rather than on the capitalist laws of accumulation and value.
- Cooperative economics, an economic system based on the worker cooperative. Related ideas include mutualism and guild socialism.
- Participatory economics, an economic system that uses participatory decision making as an economic mechanism to guide the allocation of resources and consumption in a given society.
- A form of direct and/or consensus democracy, where all people would be allowed to vote for every major economic matter and thus directly participate in decision-making. Theoretically such a system is plausible in a massive scale especially with the use of modern technology.
[edit] Market socialism
See also: Mutualism (economic theory)
- Market socialism, an economic system based on public ownership or cooperative ownership of the means of production that retains monetary calculation and the market exchange.
- Economic democracy, a socioeconomic philosophy that retains a market economy, but establishes democratic control of firms by their workers, and social control of investment by a network of public banks.[1]
[edit] Communism and anarchism
- Communism, a hypothetical historical era, based on a mature form of the socialist mode of production, wherein production is not organized on the premise of valorization through exploitation, and distribution follows the principle "to each according to need". Communism would presume the abolition of labour as a separate sphere of life one is coerced into for survival; the material means of subsistence would thus be said to be held in common.
- Anarchist communism, a hybrid of communism and anarchism advocating (among others) abolition of the state, common ownership of the means of production and decision making by direct and/or consensus democracy.
- Post-scarcity anarchism, an economic system based on social ecology, libertarian municipalism, and an abundance of fundamental resources.[2]
[edit] Other systems
- Binary economics, an economic system that endorses both private property and a free market but proposes significant reforms to the banking system.
- Distributism, a system encouraging the widest possible distribution of the means of production, so that as many people as possible can be entrepreneurs. Small businesses that support one family are valued more highly than large corporations and large government bureaucracies.
- Technocracy, a governmental or organizational system where decision makers are selected based upon how highly knowledgeable they are, rather than how much political capital they hold.
- Resource Based Economy, wherein all the earth's resources are declared as common inheritance to all people and scientists and/or their tools arrive at decisions based on the scientific method.
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[edit] See also
[edit] References
- ^ Schweickart, David (2002). After Capitalism. Rowman & Littlefield Publishers, Inc.. pp. 22–23. ISBN 0-7425-1299-1.
- ^ Bookchin, Murray (2004). Post-Scarcity Anarchism. AK Press. ISBN 9781904859062.