Flashcards: Economic ideologies

Anti-capitalism encompasses a wide variety of movements, ideas and attitudes that oppose capitalism.

Georgism (also known as geoism and geonomics) is an economic philosophy (named after Henry George) that the economic value derived from land, including natural resources and natural opportunities, should belong equally to all residents of a community, but that people should own the value that they produce themselves.

Islamic economics (Arabic: الاقتصاد الإسلامي‎‎), is a term used to refer to Islamic commercial jurisprudence or fiqh al-mu'āmalāt (Arabic: فقه المعاملات‎‎), and also to an ideology of economics based on the teachings of Islam that takes a middle ground between the systems of Marxism and capitalism.

State socialism is a classification for any socialist political and economic perspective advocating state ownership of the means of production either as a temporary measure in the transition from capitalism to socialism, or as characteristic of socialism itself.

Agorism is a libertarian social philosophy that advocates creating a society in which all relations between people are voluntary exchanges by means of counter-economics, thus engaging with aspects of peaceful revolution.

Corporatocracy /ˌkɔːrpərəˈtɒkrəsi/, is a recent term used to refer to an economic and political system controlled by corporations or corporate interests.

A market economy is an economy in which decisions regarding investment, production, and distribution are based on market determined supply and demand, and prices of goods and services are determined in a free price system.

Mercantilism was an economic theory and practice, dominant in modernized parts of Europe during the 16th to the 18th century, that promoted governmental regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers.

A planned economy is an economic system in which inputs are based on direct allocation.

In economics, protectionism is the economic policy of restraining trade between states (countries) through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations.

Socialism is a range of economic and social systems characterised by social ownership and democratic control of the means of production; as well as the political ideologies, theories, and movements that aim at their establishment.

The Social Market Economy (SOME) (German: Soziale Marktwirtschaft) is a social and economic system combining free market capitalism which supports private enterprise, alongside social policies which establish both fair competition within the market and a welfare state.

Songun is the "military first" policy of North Korea, prioritizing the Korean People's Army in the affairs of state and allocation of resources.

Participatory economics, often abbreviated parecon, is an economic system based on participatory decision making as the primary economic mechanism for allocating the factors of production and guidance of production in a society.

Thatcherism describes the conviction politics, economic, social policy and political style of the British Conservative politician Margaret Thatcher, who was leader of her party from 1975 to 1990.

Autonomism or Autonomist Marxism is a set of anti-authoritarian left-wing political and social movements and theories.

Social ownership refers to the various forms of ownership for the means of production in socialist economic systems; encompassing public ownership, employee ownership, cooperative ownership, citizen ownership of equity and common ownership.

Workerism is a political theory that emphasizes the importance of, or glorifies, the working class.

Abenomics (アベノミクス Abenomikusu) refers to the economic policies advocated by Shinzō Abe since the December 2012 general election, which elected Abe to his second term as Prime Minister of Japan.

Dirigisme or dirigism (from French diriger, meaning "to direct") is an economic system where the state exerts a strong directive influence over investment.

Neozapatismo or Neozapatism (sometimes mislabeled as Zapatismo) is the Mexican ideology behind movements such as the Zapatista Army of National Liberation.

Orthodox Marxism is the body of Marxist thought that emerged following the death of Karl Marx which became the official philosophy of the socialist movement as represented in the Second International until the First World War.

Corporate capitalism is a term used in social science and economics to describe a capitalist marketplace characterized by the dominance of hierarchical, bureaucratic corporations.

An economic ideology distinguishes itself from economic theory in being normative rather than just explanatory in its approach.

A decentralized-planned economy or decentrally-planned economy (occasionally horizontally-planned economy) is a type of economic system based on decentralized economic planning, in which decision-making is distributed amongst various economic agents or localized within production units.

In Marxist theory, socialism, also called lower-stage communism or the socialist mode of production, refers to a specific historical phase of economic development and its corresponding set of social relations that supersede capitalism in the schema of historical materialism.

Fusionism is an American political term for the philosophical and political combination or "fusion" of traditionalist and social conservatism with political and economic right-libertarianism.

Production for use is a phrase referring to the principle of economic organization and production taken as a defining criterion for a socialist economy.

Business nationalism is an economic nationalist ideology held by a sector of the political right in the United States.

Corporate nationalism is a phrase that is used to convey various meanings: * A political culture in which members believe the basic unit of society and the primary concern of the state is the corporate group rather than the individual, and the interests of the corporate group are the same as the interest of the nation.

Classical Marxism refers to the economic, philosophical, and sociological theories expounded by Karl Marx and Friedrich Engels, as contrasted with later developments in Marxism, especially Leninism and Marxism–Leninism.

The term "pink tide" (Spanish: marea rosa, Portuguese: onda rosa) or "turn to the Left" (Sp.: vuelta hacia la izquierda, Pt.: Guinada à Esquerda) are phrases used in contemporary 21st century political analysis in the media and elsewhere to describe the perception that anti-Americanism, leftist ideology and left-wing politics in particular, were increasingly becoming influential in Latin America under more authoritarian governments primarily between 1998 and 2009.

Socialism is a social and economic system characterised by social ownership and democratic control of the means of production.