View Poll Results: Which type of Economy is your ideal one?

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  • Free Market Economy

    11 52.38%
  • Mixed Economy

    9 42.86%
  • Planned Economy

    1 4.76%
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Thread: What is your ideal type of Economy?

  1. #1
    All the rage my little dark age... Cernunnos's Avatar
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    Default What is your ideal type of Economy?

    Free market Economy - Various private enterprises dominate most of the economy with low taxes and might have an absence of welfare and healthcare systems depending on the country. There is some degree of public/state intervention but very little or bellow average (examples Ireland, USA, Netherlands, South Korea, Hong Kong or Luxembourg).

    Mixed Economy - A market economy with elements of a planned economy and public enterprise. Usually these type of economies have a strong welfare and healthcare systems. (Norway, Sweden, Singapore, China, Vietnam, Russia or Belarus).

    Planned economy - A economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. These economies are characterized by a strong public sector size in most or all aspects of the economy and a free education, free healthcare and strong welfare systems. (former Soviet Union, Maoist China, Former Eastern Bloc, Cuba or North Korea).
    Last edited by Cernunnos; 09-05-2022 at 10:35 PM.

  2. #2
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    A mixed economy. Btw, those examples of free-market economies are actually more statist than they like to portray themselves. And the welfare systems of Communist countries are/were in practice quite iffy and variable.

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    I find the Singapore model especially intriguing: it combines relatively little taxation and regulation with widespread State ownership. Thus, as well as owning major services and industries, the Singapore government also has substantial shares in other companies, and through those profits is the way it obtains most of its revenue.

  4. #4
    All the rage my little dark age... Cernunnos's Avatar
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    Quote Originally Posted by Tooting Carmen View Post
    I find the Singapore model especially intriguing: it combines relatively little taxation and regulation with widespread State ownership. Thus, as well as owning major services and industries, the Singapore government also has substantial shares in other companies, and through those profits is the way it obtains most of its revenue.
    That is State Capitalism basicaly. Similar to that of Norway except for the little taxation.

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    Quote Originally Posted by Cernunnos View Post
    That is State Capitalism basicaly. Similar to that of Norway except for the little taxation.
    I have little problem with that. And I am also prepared to admit it bares striking similarities to certain types of the 'F' word.

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    Mixed economy, with state ownership of large means of production and strategic sectors (medicine, social services, education, military). Without private banks - only one, owned by the state.
    At the same time, do not prohibit small-scale private production, directing its development in the cooperative direction. Piecework wages.
    In essence, this will not be a ban on capitalism, but regulation/attempt to find a viable hybrid of cap and soc.
    The main problem here is to resolve the issue of the possibility of separating large managers into a separate caste that is not accountable to the population.

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    Quote Originally Posted by KirillMazur View Post
    Mixed economy, with state ownership of large means of production and strategic sectors (medicine, social services, education, military). Without private banks - only one, owned by the state.
    At the same time, do not prohibit small-scale private production, directing its development in the cooperative direction. Piecework wages.
    In essence, this will not be a ban on capitalism, but regulation/attempt to find a viable hybrid of cap and soc.
    The main problem here is to resolve the issue of the possibility of separating large managers into a separate caste that is not accountable to the population.
    I always prefered private clinics over state ones, I dealed with lots of problems this way. An awful example of state monopoly over medicine is Canada. There should always be a choice, if you want private or state medcial care, if you're ready to wait or you're willing to pay to do something asap. I use 30% state medicine and 70% private medicine. For example, I'm not willing to wait for 6 months some damn MRT, and it will be only one section, when for example one year ago I had to make four sections. Then I had to deny unclear diagnosis with KT with contrast liquid, so I would have to wait for ages again. I paid totally 18000 rub (300 euros atm) and I did everything in short period.

    I'm for mixed economy but when it doesn't interfere the small and middle business or destroys choice.
    Last edited by Victor; 09-07-2022 at 01:07 PM.

  9. #9
    Slava Ukrainii
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    Quote Originally Posted by Vandor View Post
    I always prefered private clinics over state ones, I dealed with lots of problems this way. An awful example of state monopoly over medicine is Canada. There should always be a choice, if you want private or state medcial care, if you're ready to wait or you're willing to pay to do something asap. I use 30% state medicine and 70% private medicine. For example, I'm not willing to wait for 6 months some goddamn MRT, and it will be only one section, when for example one year ago I had to make four sections. Then I had to deny unclear diagnosis with KT with contrast liquid, so I would have to wait for ages again. I paid totally 18000 rub (300 euros atm) and I did everything in short period.
    What would you say if someone said that it's because public sector healthcare isn't sufficiently funded?

  10. #10
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    Free market.
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