Here are the two types of Capitalism. They are Capital Producing Economics and Capital Consuming Economics. Producer Rewarded Open Market Economics falls into the more general classification of Capital Producing Economics.
All Economic Systems in use today can be classified into the two general classifications. The first classification is the pro-survival classification called Capital Producing Economics. The second classification is the contra-survival classification called Capital Consuming Economics.
The names of these two classifications are self explanatory in their meanings. The Capital Producing System of economics means what it states. It is a system of economics which produces capital, money, wealth and survival. The Capital Consuming System of economics is a system of economics which consumes capital, money, wealth, and survival created by the Producers in a Society and/or Nation.
The Capital Producing / Producer Rewarded Open Market Economic System aligns with definition 1 of Capitalism in the Thorndyke Barnhard World Book Dictionary, copyright 1989.
- Definition 1. An economic system in which private individuals or groups of individuals own land, factories and other means of production. They compete with one another, using hired labor or other persons, to produce goods and services for profit.
- Definition 2. The Concentration of wealth with its power and influence in the hands of a few.
- Definition 3. A system which favors the existence of Capitalists or the concentration of wealth in the hands of a few.
Definition 1 aligns with Capital Producing / Producer rewarded Open Market Economics. This is true pure pro-survival economics.
Definition 2 aligns with Capital Consuming Economics with the absence of an Open Market. This is contra-survival economics. It destroys societies and nations. It leads usually on a gradient scale to slave economic systems. We find slave economics systems being used in greater or lesser degrees in Fascist, Right Wing and Communist societies. Capital Consuming Economics is the primary system of Capitalism used today on planet earth. This is where non-producers have taken the money and wealth with its power and concentrated it into the hands of a few powerful individuals. Capital Consuming Economics gives Capitalism a bad name. In the past this extreme concentration has lead to Communist systems of Capital Consuming Economics. These systems of economics are, Capital Consuming or Non-producer Rewarded systems of economics, where wealth and power are concentrated into the hands of a few.
Capital Consuming Economics is a greed economic system. People who push for this type of economics are themselves on the road to succumb and are trying to destroy all around them on their way out.
When a society has achieved an absolute pure Producer Rewarded Open Market System of economics then and only then do we see the optimum rate of motion in money velocity. We also see the optimum prosperity level in the society and/or Nation.
Producer Rewarded Open Market Economics
The Science of Economics
By RP Obrigewitsch
April 4, 1993
Revised: September 1, 2011
This is an article on the different types of Freedom defined in different types of political systems.
In the Democratic system we find Freedom defined as, “equal rights for all citizens.”
In the Fascist or Right Wing systems we find Freedom defined as, “he who is in power has all the freedom to do whatever he desires or wants to do.” Freedom is arbitrarily applied by the person or persons in power. They determine from day to day and hour to hour what freedoms their subjects have or do not have. There is no guarantee what freedom is and when it is. They control the media with monopolistic ownership. They allow only their viewpoints and assault and discourage any different or opposing views. They assault the opposing views with antagonism, anger, hate, fear, and hostility. In some cases they use pain and imprisonment in their assault on opposing views.
In a Communist system we find the same basic definition of freedom as in the Fascist/Right Wing systems. However, here it is covertly applied. The Communist says, they are using the Democratic definition of freedom but when in power they use the Fascist/Right Wing definition.
The Democratic style of Freedom is built on reasoning and analytical computation where all citizens work together in a reasoning and analytical manner. All citizens are willing to use reason and encourage fellow citizens to speak freely where everyone has an equal use of speech on a reasoning level. The citizens use facts along with reasoning. Heavy emotion is not placed in the equation. There are times when heavy emotion is present but in a Democratic style of Freedom it is set aside and decisions are made based on facts and logical analytical reasoning. The media is not controlled by monopolistic ownership. The media is based on Open Market Economic supply and demand. The media does not compete on a stimulus-response heavy emotion level by passing on gossip, lies, deception and enturbulative information. It produces on an analytical-informative and entertaining level.
In the Fascist/Right Wing systems freedom is on the reactive stimulus response level. Here the leaders use heavy emotion such as fear, hate, anger, pain, antagonism and hostility to enforce their reality on the citizens. The citizens’ fall in line because of the heavy emotion enforced speech. This heavy emotion enforced speech is what is commonly called brain washing. The Communist and Fascist/Right Wing rule with heavy emotion backed by fear, hate, anger, antagonism, pain, and hostility.
Technology of Democracy
May 12, 2011
Axioms of Economics
Constant Money Supply
Money Velocity and Prosperity
- 1.0 Money Velocity and Prosperity
- 1.1 The Money Velocity Cycle
- 1.2 Capital Producing Economics
- 1.3 Vampire Economics
- 1.4 The Goal of a Society
- 1.5 Production Efficiency
- 1.6 Why Money Velocity Slows Down?
- 1.7 Capital Destroying Economics
- 1.8 Producer, Non-producer or Counter-producer?
- 1.9 Razor Thin Path