×
Create a new article
Write your page title here:
We currently have 2,529 articles on Polcompball Wiki. Type your article name above or click on one of the titles below and start writing!



Polcompball Wiki

Liberal Market Socialism

Revision as of 19:37, 31 October 2024 by Nebeler (talk | contribs) (i tried replacing PCB links but theres way too many and now the infobox is broken someone please run a script for the links and somehow fix the box thank you)


{{Ideology

| themecolor   =#005e98
| textcolor    =#FFFFFF
| title        =Error creating thumbnail: Unable to save thumbnail to destination Liberal Market Socialism Error creating thumbnail: Unable to save thumbnail to destination

| image =

| caption      =Liberalism overthrows monarchies; why don't we overthrow the kings of firms, then?
| aliases      =

Early-Stage Economic Democracy
True Liberalism (By himself)
Neoradicalism
Right-Market Socialism
Error creating thumbnail: Unable to save thumbnail to destination Forced Social Economy
Error creating thumbnail: Unable to save thumbnail to destination/Error creating thumbnail: Unable to save thumbnail to destination/Error creating thumbnail: Unable to save thumbnail to destination Error creating thumbnail: Unable to save thumbnail to destination"I am generally left-wing but I like the status quo" socialismError creating thumbnail: Unable to save thumbnail to destination
Error creating thumbnail: Unable to save thumbnail to destination/Error creating thumbnail: Unable to save thumbnail to destinationError creating thumbnail: Unable to save thumbnail to destinationmiddle class kid market socialismError creating thumbnail: Unable to save thumbnail to destination
Error creating thumbnail: Unable to save thumbnail to destination/Error creating thumbnail: Unable to save thumbnail to destinationError creating thumbnail: Unable to save thumbnail to destinationSocializzazione dell'EconomiaError creating thumbnail: Unable to save thumbnail to destination
Error creating thumbnail: Unable to save thumbnail to destinationError creating thumbnail: Unable to save thumbnail to destinationMy theory but updated by my liberal grandsonError creating thumbnail: Unable to save thumbnail to destination

| alignments   = Error creating thumbnail: Unable to save thumbnail to destination Center-Left to Error creating thumbnail: Unable to save thumbnail to destination Left Unity 

Error creating thumbnail: Unable to save thumbnail to destination Culturally Left
Error creating thumbnail: Unable to save thumbnail to destination Culturally Centrist
Error creating thumbnail: Unable to save thumbnail to destination Liberals
Error creating thumbnail: Unable to save thumbnail to destination Market Socialists
Error creating thumbnail: Unable to save thumbnail to destination Welfarists (Most, to varying degrees)

| influences   =Error creating thumbnail: Unable to save thumbnail to destination Classical Liberalism

Error creating thumbnail: Unable to save thumbnail to destination Ricardian Socialism
Error creating thumbnail: Unable to save thumbnail to destination Mutualism (some)
Error creating thumbnail: Unable to save thumbnail to destination Individualist Socialism
File:PCB-Marketsoc.png Market Socialism
Error creating thumbnail: Unable to save thumbnail to destination Social Liberalism
Error creating thumbnail: Unable to save thumbnail to destination Liberal Socialism
Error creating thumbnail: Unable to save thumbnail to destination Big-Tent Liberalism
Error creating thumbnail: Unable to save thumbnail to destination Millism
File:PCB-Utsoc.png Utopian Socialism

| influenced   =
| theorists    = John Stuart Mill

Adam Smith
David Ricardo

| limited influences = Error creating thumbnail: Unable to save thumbnail to destination Karl Marx

Error creating thumbnail: Unable to save thumbnail to destination Georges Sorel

| examples     =
| sub          =
| school       =
| regional     =
| likes        =Error creating thumbnail: Unable to save thumbnail to destination Liberalism

Error creating thumbnail: Unable to save thumbnail to destination Liberal Socialism
Error creating thumbnail: Unable to save thumbnail to destination Free Markets
The French Revolution
Error creating thumbnail: Unable to save thumbnail to destination John Stuart Mill
Error creating thumbnail: Unable to save thumbnail to destination Adam Smith
Error creating thumbnail: Unable to save thumbnail to destination David Ricardo
Long-ass books of economics
Error creating thumbnail: Unable to save thumbnail to destination The working class
The stock market
Private Property
Pragmatism

| dislikes     =Karl Marx (Somewhat)

Communists
Privately-owned firms

| song         =

}} Error creating thumbnail: Unable to save thumbnail to destination Liberal Market Socialism Error creating thumbnail: Unable to save thumbnail to destination, clipped to LibMarkSoc is an economically Error creating thumbnail: Unable to save thumbnail to destination Center-Left to Error creating thumbnail: Unable to save thumbnail to destination Left Unity, civically liberal and culturally Error creating thumbnail: Unable to save thumbnail to destination Left to Error creating thumbnail: Unable to save thumbnail to destination Center-Right ideology that fuses Error creating thumbnail: Unable to save thumbnail to destination liberal economic views with a Error creating thumbnail: Unable to save thumbnail to destination radical interpretation of liberal concepts, which are now also used as a justification to base the economy on co-operatives, mutuals, associations, foundations, paritarian institutions, social enterprises, self-employment, family businesses and, in some cases, freelancing and state-owned enterprises, which is done by "overthrowing" bosses, seen as equally authoritarian as kings and dictators.

Liberal Market Socialism differs from some branches of Liberal Socialism as private enterprises bigger than family-owned businesses are legally banned, as there is less focus on social and common ownership and as it takes a more revolutionary and violent approach to the socialisation of firms, opposed to the more reformist Liberal Socialism; this is justified by saying that society could go back to capitalism if the state doesn't take action.

Origins

"Liberal Market Socialism" doesn't come from a Error creating thumbnail: Unable to save thumbnail to destination Marxian worldview (Albeit there are limited inspirations), but rather from the same origins of the british strand of Error creating thumbnail: Unable to save thumbnail to destination Liberal Socialism: the analyses of Error creating thumbnail: Unable to save thumbnail to destination John Stuart Mill, especially from his "Principles of Political Economy (1871)", from the writings of Error creating thumbnail: Unable to save thumbnail to destination Adam Smith, especially his "Wealth of Nations", from the analysis of Error creating thumbnail: Unable to save thumbnail to destination David Ricardo in his "On the Principles of Political Economy and Taxation" and from the Ethical Socialism of R.H. Tawney; this was then expanded with other more modern writers, economists and philosophers like Error creating thumbnail: Unable to save thumbnail to destination Piero Sraffa, Error creating thumbnail: Unable to save thumbnail to destination Carlo Rosselli, Error creating thumbnail: Unable to save thumbnail to destination John M. Keynes and many others.

The main difference between the British strand of Error creating thumbnail: Unable to save thumbnail to destination Liberal Socialism and Error creating thumbnail: Unable to save thumbnail to destination Liberal Market Socialism Error creating thumbnail: Unable to save thumbnail to destination is the role of the state: the former has generally the same views of Error creating thumbnail: Unable to save thumbnail to destination Social Liberalism, such as the necessity of a welfare state and of regulated markets, while the former has similar views to Error creating thumbnail: Unable to save thumbnail to destination Liberalism and Error creating thumbnail: Unable to save thumbnail to destination Ordo-Liberalism

Additionally, there is a lot of impulse coming from Error creating thumbnail: Unable to save thumbnail to destination Neoricardian economics in some strands of the movement, which projects it into the modern era of left-wing economics and puts it somewhat at odds with Error creating thumbnail: Unable to save thumbnail to destination Neo-Marxian economics.

Beliefs (WIP)

Liberal Market Socialism differs from Error creating thumbnail: Unable to save thumbnail to destination Market Socialism in some aspects: first of all, it applies all aspects of Error creating thumbnail: Unable to save thumbnail to destination Liberalism Liberalism to cooperatives and society as a whole (So mainly Social Justice, Error creating thumbnail: Unable to save thumbnail to destination Equality, Error creating thumbnail: Unable to save thumbnail to destination Liberty, File:Care.png Community, Error creating thumbnail: Unable to save thumbnail to destination Cultural Liberalism and Error creating thumbnail: Unable to save thumbnail to destination Private Property); it can be thus seen as "A Liberal Error creating thumbnail: Unable to save thumbnail to destination Capitalist framework, modified in order to better suit a forcibly established Error creating thumbnail: Unable to save thumbnail to destination Social Economy".

Liberal Market Socialism supports a Error creating thumbnail: Unable to save thumbnail to destination Liberal Democracy and with a limited government, especially regarding cultural stances; it thus supports secularism and complete equality between every human being. It is an internationalist ideology with an emphasis on co-operation, and is generally non-interventionist (It depends from the strand of liberalism it follows).

Economics (Centrist-Liberal Strand)

Liberal Market Socialism's economic system can vary from variant to variant, as it is a big tent.

The Liberal strand (Which is the focus of this section) usually follows an economic policy very similar to Error creating thumbnail: Unable to save thumbnail to destination Ordo-Liberalism, with both a Error creating thumbnail: Unable to save thumbnail to destination Welfare System and Error creating thumbnail: Unable to save thumbnail to destination Balanced Budgets and some level of Austerity. The preferred school of economics of the Liberal strand is the Error creating thumbnail: Unable to save thumbnail to destination Social Market Economy paired with Error creating thumbnail: Unable to save thumbnail to destination Mainstream Economics/New Keynesianism, with various influences coming from Error creating thumbnail: Unable to save thumbnail to destination Neo-Ricardian economics.

State intervention in the economy (Potentially WIP)

Liberal Market Socialism accepts state intervention in the economy to correct market failures, add useful regulation, develop certain sectors through Error creating thumbnail: Unable to save thumbnail to destination dirigist policies, all of which is akin to the various capitalist liberals.

Welfare

Welfare generally falls along traditional liberal lines of thought, with more left-wing variants agreeing on a more expansive welfare state and less market-based solutions (and deficit spending, but not necessarily), while right-wing variants preferring a smaller welfare state and more market-based solutions.

More centrist variants usually settle with an expansive welfare state, balanced budgets and an equilibrium of market-based solutions and state intervention-based solutions.

Trade Unions

Error creating thumbnail: Unable to save thumbnail to destination Trade Unions are generally viewed favourably, but some also see them as obsolete in a social economy, and some others view them unfavourably or oppose them.

Stock Market

Liberal Market Socialists always support the stock market, seeing it as a very effective way to secure investments; it is, however, a modified stock market, where stock-ownership gives no control on the firm, making it impossible for a firm to be privately owned.

Status of Error creating thumbnail: Unable to save thumbnail to destination banks

The status of banks is very different between Liberal Market Socialists:

A Error creating thumbnail: Unable to save thumbnail to destination Central Bank and a Error creating thumbnail: Unable to save thumbnail to destination monetary policy are a constant in all strands of the movement.

Property

Unlike most other socialist ideologies, Liberal Market Socialism supports both today's Private Property Rights and the Stock Market;

  • The support for Private Property is because it considers the views of socialist thinkers too old to be valuable, since "Nowadays everyone can have private property, not only the rich and the privileged" and because private property is considered necessary for the true independence of every individual cooperative and every individual.
  • The support for the Stock Market is justified by regarding it as the most effective way to finance firms and as the decision of the workers, unlike in private enterprises, where the workers have no say in the financial matters.

Compared to Error creating thumbnail: Unable to save thumbnail to destination Liberal Socialism, there is less emphasis on social ownership.

Cultural stances

Liberal Market Socialism follows principles of Error creating thumbnail: Unable to save thumbnail to destination Utilitarianism and of the Error creating thumbnail: Unable to save thumbnail to destination Left-Enlightenment, mostly from the ideas of Error creating thumbnail: Unable to save thumbnail to destination John Stuart Mill and other proponents of Error creating thumbnail: Unable to save thumbnail to destination Classical Liberalism. Error creating thumbnail: Unable to save thumbnail to destination Cultural Liberalism is an integral part of the ideology, together with some forms of Error creating thumbnail: Unable to save thumbnail to destination Moderate Progressivism and of Error creating thumbnail: Unable to save thumbnail to destination Moderate Conservatism, just like other liberals. Liberal Market Socialism is thus generally moderately Error creating thumbnail: Unable to save thumbnail to destination individualistic.

Main variants

File:SoclibMarkSoc.png Left-Liberal Market Socialism

A large welfare state and a mixed economy within a Liberal Market Socialist framework. It can be generally synthesised with the views of Error creating thumbnail: Unable to save thumbnail to destination Social Liberalism and Error creating thumbnail: Unable to save thumbnail to destination Third Way, . Some of its followers identify as the "True heirs of John Stuart Mill and of Radicalism", as they also follow every principle of Social Liberalism. Private Property is still seen as a basic right, and they oppose any form of forced socialisation (outside of firms, of course), but still regarding social ownership highly and advocating for it activism-wise. Error creating thumbnail: Unable to save thumbnail to destination Keynesian and Neo-Keynesian Error creating thumbnail: Unable to save thumbnail to destination economics are the preferred systems of this strand, but more Error creating thumbnail: Unable to save thumbnail to destination Neoclassical-aligned economic schools are not uncommon; state intervention in the economy is thus more pronounced. This strand is thus considered to be Error creating thumbnail: Unable to save thumbnail to destination Left-wing to Error creating thumbnail: Unable to save thumbnail to destination center-left overall.

File:NeolibMarkSoc.png Neoliberal Market Socialism

Basically a social economy with a more pragmatic and Error creating thumbnail: Unable to save thumbnail to destination centrist to Error creating thumbnail: Unable to save thumbnail to destination center-right economic policy, generally following the Error creating thumbnail: Unable to save thumbnail to destination New Keynesian economic theory. It is more critical on some kinds of Error creating thumbnail: Unable to save thumbnail to destination Welfare, preferring a universal basic income. Some supporters of this variant are also more interventionist.

File:RightLibMarkSoc.png Right-Liberal Market Socialism

Right-Liberal Market Socialism has Error creating thumbnail: Unable to save thumbnail to destination center-right to Error creating thumbnail: Unable to save thumbnail to destination right-wing economic stances, not unlike those of Error creating thumbnail: Unable to save thumbnail to destination Liberal Conservatism, Error creating thumbnail: Unable to save thumbnail to destination National Liberalism and File:ConLib.png Conservative Liberalism and Error creating thumbnail: Unable to save thumbnail to destination right-wing Error creating thumbnail: Unable to save thumbnail to destination Neoliberalism, and thus generally opposes things like Unions and Welfare. It follows Error creating thumbnail: Unable to save thumbnail to destination Neoclassical Economics and Error creating thumbnail: Unable to save thumbnail to destination Monetarism, with a great focus on Error creating thumbnail: Unable to save thumbnail to destination Financial Conservatism. File:Chicagoan LibMarketSoc Icon.png Chicagoan Libertarian Market Socialism is the most right-leaning strand of the movement.

Personality

Error creating thumbnail: Unable to save thumbnail to destination Liberal Market Socialism can usually be seen together with fellow Market Socialists or with fellow Liberals; however, he is generally critic of them, saying that they are either "too socialist" or "too capitalist", however still respecting their stances and learning from all of them. He has a great relationship with Error creating thumbnail: Unable to save thumbnail to destination Social Liberalism, Error creating thumbnail: Unable to save thumbnail to destination Millism, Error creating thumbnail: Unable to save thumbnail to destination Liberal Socialism, Error creating thumbnail: Unable to save thumbnail to destination Ricardian Socialism and Error creating thumbnail: Unable to save thumbnail to destination Radicalism, seeing them all as great inspirations and great ideologies.

File:Chicagoan LibMarketSoc Icon.png Chicagolibertarian Market Socialism is his best friend and usually sticks together with him and defends his policies.

He is hostile to right-libertarians, seeing them as "Boot-lickers" of their bosses; he can be pretty supportive of Error creating thumbnail: Unable to save thumbnail to destination Social Libertarianism and Error creating thumbnail: Unable to save thumbnail to destination Libertarian Yellow Socialism though, seeing them as "On the right way" to become like himself.

How to Draw

Hammer Design

File:LibMarkSoc Flag Hammer.png
Flag of Liberal Market Socialism
  1. Draw a ball with Eyes
  2. Make it blue
  3. Draw at the top a red hammer.
  4. Below that, draw two golden arrows crossing each other.
  5. Draw a golden circle and then make dents in it of the blue color. (Symbolizes the world being held by the invisible hand of the market)

You're done.

Color Name HEX RGB
Blue #006AA7 0, 106, 167
Gold #FFE680 255, 230, 128


Star Design

File:LibMarkSoc Flag Star.png
Flag of Liberal Market Socialism

Liberal Market Socialism is almost identical in design to Error creating thumbnail: Unable to save thumbnail to destination Libertarian Socialism, apart from the blue color, which is meant to mirror the color scheme of Error creating thumbnail: Unable to save thumbnail to destination Liberalism.

  1. Draw a ball
  2. Draw an alternating pattern of blue and a near-black stretching from the edge and meeting at the center, with 10 segments.
  3. Draw a star with the reverse colors in the center of the ball.
  4. Fill in the star and clean up the edges.
  5. Add the eyes and you're done!
Color Name HEX RGB
Blue #006AA7 0, 106, 167
Black #141414 20, 20, 20


Relations

(The ideologies of PCBA are here because they have in-depth real-world theory or praxis surrounding them and can plausibly be created IRL)

Friends (Lack of co-ops isn't really considered)

Frenemies

Enemies

(These ideologies are classified as plausible, but generally have no real-world theory or praxis surrounding them)

Friends

Frenemies


Enemies

Gallery

Further Information

I'd prefer to keep the page mostly clean from self-inserts

Videos

Wikipedia

Similar Movements

Useful Literature (WIP)

  • David Ricardo
  • Adam Smith
  • John Stuart Mill

Navigation

Template:Markets

Template:Market Socialists

Comments

NOTICE: This is not a self insert. For my self insert, go to Armandonian Liberalism NOTICE: All self inserts were transferred to Armandonian Liberalism


Recent changes

  • Itapi • Yesterday at 23:46
  • Itapi • Yesterday at 23:45
  • JAcket • Yesterday at 20:50
  • JAcket • Yesterday at 20:42