LWC Nordic Model
Super Collective Capitalism (SupColCap) is Super Capitalism that is fused with Collective Capitalism
SupColCap like Super Capitalism is Left Wing Capitalism
SupColCap is a pro Private Property economic system where everyone in a community would own private property in this system. In SupColCap , ownership would be based off working at a company to give everyone a fair shake so that everyone could be a Entrepreneur.
SupColCap is an Anti Crony Capitalism and Anti Corporatist ideology where workers would never be treated unfairly. In SupColCap every workplace would have managers that compete in the market place of ideas, and see who would be a good manager of a workplace.
SupColCap is similar to Market Socialism, Libertarian Marxism, and Social Democracy and it stems from Socialism. SupColCap also stems from failed Socialist states by the Marxists, and the anti-egalitarianism of Liberal Capitalism which it fixes. SupColCap is an Egalitarian form of Capitalism. In this system all people can and would be Entrepreneurs.
If we need a social safety net under this SupColCap, we can use Social commons as a safety net
SupColCap would overcome the failings of traditional Capitalism, using the Great Depression as an example.
SupColCap would reject the principles that were advanced by Adam Smith (who created the idea of the "invisible hand" of 'self-correcting' market forces).
SupColCap expresses the Capitalist socialization of production, but only in a distorted manner. SupColCap would rely on cooperation, but would ignore the fact that the means of production are private. SupColCap cannot be considered socialist because the means of production belongs to corporations.
The jist of the Collective Capitalist part of SupColCap is said by proponents of in the following quote: "We now have single corporate enterprises employing hundreds of thousands of workers, having hundreds of thousands of stockholders, using billions of dollars’ worth of the instruments of production, serving millions of customers, and controlled by a single management group. These are great collectives of enterprises, and a system composed of them or dominated by them might well be called 'collective capitalism'"
SupColCap would place an emphasis on cooperative long term relationships, that would result in an economy that is directed by "relational markets".
SupColCap employs interlocking share ownership, in which companies own shares in other companies; this would result in a spirit of cooperation between the involved companies. This is because each company has an interest in the other's performance.
Like with the Japanese economy, in which 40 percent of the shares that are traded on the Tokyo Stock Exchange are owned by the collection of industrial groups that are known known as the Kigyo Shudan, and a further 30 percent of the shares are owned by networks of cross-shareholdings which are known as keiretsu. This causes stable ownership, lessening the potential for hostile takeovers and are also "friendly" competition; companies would be encouraged to excel but for the benefit of others as well as themselves.
In SupColCap , workers, like workers who work for large businesses, would become involved in their firms in ways that are unlike other Capitalism systems. In return for loyalty and hard work, workers would traditionally expect more from their employers than their current western Capitalistic counterparts expect from their employers, which would include job security (maybe for life) , pensions and social protection.
SupColCap is "peoplism"
Nordic Model
In a Nordic Model economy, the government would control business through shares rather than regulation. There would be a neo-corporatist bargaining system.
This would be great for people who don’t like government regulation since under the Nordic model , the government would control business indirectly and more naturally (via shares).
It would operate in a mixed-market capitalist economic system that could features high degrees of private ownership, but it probably would include a large number of state-owned enterprises and state ownership in publicly listed firms instead, at least temporarily
The Nordic model can be described as a system of competitive economic liberalism that is combined with a large percentage of the population that are employed by the public sector (i.e potentially 30% or more), in areas like healthcare and higher education.
The Nordic Model would be about stout free-traders who resist the temptation to intervene even to protect iconic companies. The Nordic Model always looks for creative and tripartisan ways to temper economic liberalism’s harsher effects .Nordic Model countries are probably the best-governed countries on Earth
There would be low levels of inequality, generous welfare states, and reduced concentration of top incomes
Under the Nordic model, if Norway is any indication, the younger generations will get richer. There would be room for increased deregulation and privatization expansion of public services under the Nordic Model. But there still would be a strong emphasis on public services and social investment.
In the Nordic Model, the labor market would be flexible, with laws that would make it easy for employers to hire and shed workers or to introduce labor-saving technology.
To mitigate these negative effect on workers, the government labor market policies are designed to provide generous social welfare and job retraining and relocation services to limit any conflicts between capital and labor that may arise from this process. I figure if there are any systems where we must have generous social welfare and job retraining and relocation services , a Nordic Model economic system with its flexible markets as mentioned above are the most justifiable system to have such measures
The Nordic model shares active labor market policies as part of a social corporatist economic model that would reduce conflict between labor and the interests of capital. This corporatist system likely would have employer federations and labor reps bargaining at the national level in a way that is mediated by the government.
The Nordic welfare model would also tie into their labor market policies. The Nordic model of welfare is distinguished from other types of welfare states by its emphasis on maximizing labor force participation, promoting gender equality, egalitarianism, and extensive benefit levels, the large magnitude of income redistribution and liberal use of expansionary fiscal policy.
There would be a broad commitment to social cohesion, a universal welfare nature provision in order to safeguard individualism by providing protection for vulnerable individuals and groups in society, and maximizing public participation in social decision-making,which would help Republicans embrace this Nordic Model.
Some typed of the welfare under this Nordic Model could be
1) Denmark Model welfare. :high degree of private sector provision of public services and welfare, alongside an assimilation immigration policy,
2) Iceland welfare Model: a welfare-to-work" (see workfare) model
3) Finland welfare Model : Which would include the voluntary sector playing a significant role in providing care for the elderly while relying on public provision of welfare
As this Nordic Model expands, it might incorporate the creation of a US cooperative chamber that takes a leading role in economic planning.
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