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Favorite real life economic system

jimtron

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jimtron
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Mar 9, 2005
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OK, it's easy to bash capitalism, communism, libertarianism, etc; and it's easy to talk about lofty theoretical ideas about economic systems. But which actual working system do you like best?

In this thread, name your favorite real world (historic or present day) economic system--one that is actually in effect (ie, U.S.A. in the 1980s, present day Norway, etc).
 
I kinda like a lot of the things that Germany is doing these days, at least internally. Their requirements for who has to be on a companies' board are pretty interesting. They even include dedicated seats for a union representative and a representative of the local community effected by the company. The strict rules regarding overtime and time off are also pretty nice. Basically they seem to be running a pretty nice blend of realistic capitalism with idealistic socialist controls, trying to moderate the dangerous excesses of both systems.
 
Weak Kitten said:
I kinda like a lot of the things that Germany is doing these days, at least internally. Their requirements for who has to be on a companies' board are pretty interesting. They even include dedicated seats for a union representative and a representative of the local community effected by the company. The strict rules regarding overtime and time off are also pretty nice. Basically they seem to be running a pretty nice blend of realistic capitalism with idealistic socialist controls, trying to moderate the dangerous excesses of both systems.
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Thanks for the reply--this is exactly what I had in mind: a specific time and place, and why you like its economic system. Looking forward to seeing more replies.
 
I like the Northern Europe "model". High unionisation rates with lower government involvement makes everyone happier. Concertation with the national government strikes a balance with strong economic policy aimed at benefiting the most. Technically, I'd go back to the target setting days that most economists seem to view as successful. And I hear their welfare does them well, but I haven't done the same studying on that matter.
 
Tsukasa Buddha said:
I like the Northern Europe "model". High unionisation rates with lower government involvement makes everyone happier. Concertation with the national government strikes a balance with strong economic policy aimed at benefiting the most. Technically, I'd go back to the target setting days that most economists seem to view as successful. And I hear their welfare does them well, but I haven't done the same studying on that matter.
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Only seems to work well with a small, unified population, though.
 
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