Economical exh cs
Democratic Capitalism-Paternalistic Conservatism fusion
The type of Democratic Capitalism fused with Paternalistic Conservatism would build upon few of Barack Obama's economic recession reforms he made including Demand supply economics. When our economy is that like it was in the late 2000s ever again this would get a boost from the government like that to fix it
The type of Democratic Capitalism fused with Paternalistic Conservatism is the type that Michael J Fox supports and Ronald Reagan supported in the early 1980s. It basically Pete Buttgeig Democratic Capitalism
The type of Democratic Capitalism that is fused with Paternalistic Conservatism builds upon Ayn Rand’s objectivist vision for Capitalism while still promoting economical individual rights. Mixing Democratic Capitalism with Paternalistic Conservatism creates an economic system that is just right wing enough to mesh with Left Acceleration to push us quickly to late stage capitalism and then our socialistic utopia but left enough for there not be a huge risk in doing so (as there would be a huge risk if we used Laissez faire capitalism or Reaganomics for this left acceleration method)
For this to happen we would need to create a system within our capitalistic government with an autonomous (but neither supportive of the individual or the state in principle) democratic state enactment of policies with greater state intervention when necessary which in effect create a compromise between upper and lower classes (with a balance between the two depending on what is most practical), while remaining compatible with free market capitalism.
This would mediating social class conflict and cater to the demands of work with principles such as duty, structure and organicism. Top-down policies and bottom up initiatives (i.e goal setting) implemented by democratic governments (as benevolent paternal figures) to cultivate a good life for all citizens. There would be state intervention as seen below but not really a command economy
Under this system, with moderately regulated (government intervention when necessary) and populist market capitalism it would establish cooperative economic institutions.
These cooperative economic institutions would include institutions that facilitate bargaining between government bodies (to set goals and ensure fair play and equal opportunity) and business and labour organizations such as unions, and those entities that regulate the relationships between employees and management within private firms.
The development of institutions to promote this cooperation among public and private economic entities would acknowledge the benefits of market competition, while it attempts to address the social problems of unrestrained capitalism often with government regulation of markets in the interests of both consumers and producers.
Economic security concerns of citizens under this system are addressed through redistributive distrubitist policies. These policies would include income transfers like welfare payment programs and pensions, to support the elderly and poor’s financial needs.
Other policies involved in this system to promote economic security would be social insurance, and the fiscal financing of education and job training programs to stimulate employment . These would have more emphasized safety nets to deal with poverty
If not, we should aim for sovereign processes that limits the power of finance, transform production, ensure a wide wealth mutualistic predistribution and push for a more democratic configuration of our institutions.
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