Talk:Economic system

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[edit] NPOV?

Still looks like we need to replace The division of economic systems section with something that references outside sources. Let's point to at least one outside scholar as the source of whatever categories we present as being "the most basic and general economic systems."

It seems that someone removed the "right wing" and "left wing" category strategy, so many of the comments and criticisms on this page no longer apply. -Chira 09:21, 18 August 2005 (UTC)

This division in right-wing, left-wing and centre is not right. It is expressing a distinctive point of view, while other point of views are possible as well. The American system is regarded as ultra right-wing according to half of Europe and a majority of the people in the 'underdeveloped' countries for instance. I think that these distinctions should be terminated. (See Wikipedia:Neutral point of view)--Daanschr 12:27, 3 May 2006 (UTC)

[edit] List of systems

I think that at some point it should be moved to a separate article (List of economic systems is a redirect ATM). I expanded the current list, but I don't think that the division into left/right/other is the only possible (or the best), so if you want to add new lists of current systems, then please move it to the List... article.

At the moment we have a rather good definition of what economic system is (so we understand that welfare economics or feminist economics are NOT economic systems, right?). --Piotr Konieczny aka Prokonsul Piotrus 20:28, 18 Sep 2004 (UTC)

Done. Moved the long list to another article. Please don't expand the list in this article, do it in the List of economic systems, ok? --Piotr Konieczny aka Prokonsul Piotrus 13:10, 19 Sep 2004 (UTC)

Since the merge was annulled, I am moving content of Talk:List of economic systems here:

This article will try to:

  • list all possible economic systems by name
  • present all possible lists (cathegorisations) of economic systems

--Piotr Konieczny aka Prokonsul Piotrus 13:09, 19 Sep 2004 (UTC)

[edit] Rv/latest changes

Removed the others lists. If it is not right or left-wing, it is not to be mentioned in this list - please follow this simple rule. In case there is much confusion, we may have a list of some popular 'other' systems and explanations that they have both right and left wing variants (like coordinatorism and anarchy)

Rv/latest changes in the List by left-wing and right-wing:

  • Anarchism is not left wing, it has both right and left wing variants, therefore they should be listed in their sections
Anarchism, in its original form, was entirely left-wing. "Anarcho-capitalism" did not develop until the 1950's, and it is a branch of classical liberalism, not anarchism (despite the name).
  • brought back Market economy to the right wing system list, it is one of the most important items there.
Market economy is already mentioned in the first classification of systems. And, in any case, a market economy is not necessarily right-wing (think about market socialism, for example).
  • removed Corporatism since it points to the same link as corporate capitalism ATM and the latter is better for the list

--Piotr Konieczny aka Prokonsul Piotrus 17:05, 5 Oct 2004 (UTC)

Ok, I agree with that one. I didn't notice the redirect when I first made my changes.

[edit] Problematic systems for the left and right wing list

In the right-left wing list ATM, but can be important later.

  • Feudalism - can it be argued as a right or left wing system at all?
Yes. The original "right-wing" were the supporters of feudalism in the revolutionary French Parliament. Compared to them, our present-day right-wing (the supporters of laissez-faire capitalism) were considered left. Therefore, feudalists would be Far Right by today's standards.
  • Parecon is a planned economy... but left or right wing?
Well... most supporters of Parecon say it is left-wing... and, for the record, it's not a planned economy (at least not in the usual sense).
  • Is Planned economy a left-wing system only? Coordinatorism is a type of a planned economy, and coordinatorism can exist in both righ and left wing variants, so it seems logical that planned economy is not only left-wing.

--Piotr Konieczny aka Prokonsul Piotrus 17:05, 5 Oct 2004 (UTC)

You are correct. Planned economy goes beyond left or right. And so does Market economy. They are very broad concepts.
And regarding "eco-capitalism", that's not an economic system in itself. It's not even a branch of capitalism. It is only a term describing the use of capitalist processes to achieve environmental goals (with more or less success).

[edit] To do

Section needing urgent expansion:

a) traditional systems - as in pre-capitalism ones - they are not well defined (as an economic system), and I am not sure if idelogies like mercantilism should be defined as systems? b) post-capitalism systems - various utopian and futurologist systems should be mentioned here c) red links: turbo-capitalism, corporate capitalism, and many others - whether they are synonims or little-known terms, we need to have at least a stub on them --Piotr Konieczny aka Prokonsul Piotrus 20:28, 18 Sep 2004 (UTC)

[edit] Choice of classification system

The division of all economies into market, mixed, planned and traditional seems rather flimsy. Where does this system of classification come from? Who has used this classification system is their work? Are there alternative classifications that might better help the reader understand?

I found an example NPOV article from Palomar College. I like how they conservatively limit their discussion of economic systems to concrete examples.

Perhaps we should find a more conservative, and less theoretical, classification system to outline economics. Categories such as "traditional" don't even begin to describe the diversity of economics in worldwide cultures throughout history, nor does it provide a useful framework to categorise economies.

I'd like to see "left" and "right" removed as well-- these words mean different things in different times and places. --Chira 08:39, 4 Dec 2004 (UTC)


What is this crop about capitalism being "right wing"? RJII 20:54, 16 August 2005 (UTC)


[edit] Definition? Redirected?

Where is the definition. I see that economy is redirected to this page....you must separate from expert and the layman view.. che 05:46, 17 February 2006 (UTC)

[edit] Comparing economic systems

I do not believe that there is an article on Wikipedia which focuses on the task of comparing economic systems and the technical difficulties that arise from doing so. If anyone can find one, please point it out. Otherwise, we should seriously consider adding it as a topic in this article, or perhaps creating a separate related article.

I don't think we have an article on that topic. By all means, do register and help us create one.--Piotr Konieczny aka Prokonsul Piotrus Talk 03:25, 26 March 2006 (UTC)

[edit] Sincerity of socialist approach

Communists say that their aim is equitable distribution, but in the best-known, large-scale experiments such as USSR, that "stated aim" is so much at odds with the actual results as to lead critics to doubt the planners' sincerity. The well-known system of class privilege (see Nomenklatura) is clearly designed to stratify society into haves and have nots. --Uncle Ed 11:32, 7 April 2006 (UTC)

Stalin dealt with the nomenklatura during the Great Purge, by trying to exterminate all of them. Stalin really hated clientalism. After the Second World War, the Nomenklatura had won and couldn't be overcome anymore by the real communists. So, you are not right.--Daanschr 12:23, 3 May 2006 (UTC)

[edit] Œconomic System

Shouldn't this be spelt with a ligature?Cameron Nedland 22:04, 27 June 2006 (UTC)