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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)
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{{Ideology 

| themecolor   =#005e98
| textcolor    =#FFFFFF
| title        = Liberal Market Socialism

| 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
Forced Social Economy
// "I am generally left-wing but I like the status quo" socialism
/middle class kid market socialism
/Socializzazione dell'Economia
My theory but updated by my liberal grandson 

| alignments   =  Center-Left to  Left Unity

 Culturally Left
 Culturally Centrist
 Liberals
Market Socialists
 Welfarists (Most, to varying degrees) 

| influences   = Classical Liberalism

Ricardian Socialism
Mutualism (some)
Individualist Socialism
File:PCB-Marketsoc.png Market Socialism
Social Liberalism
Liberal Socialism
Big-Tent Liberalism
Millism
File:PCB-Utsoc.png Utopian Socialism 

| influenced   =
| theorists    = John Stuart Mill

Adam Smith
David Ricardo

| limited influences =  Karl Marx

Georges Sorel

| examples     =
| sub          =
| school       =

| regional     =
| likes        = Liberalism

Liberal Socialism
Free Markets
The French Revolution
John Stuart Mill
Adam Smith
David Ricardo
Long-ass books of economics
The working class
The stock market
Private Property
Pragmatism 

| dislikes     =Karl Marx (Somewhat)

Communists
Privately-owned firms 

| song         =

}} Liberal Market Socialism , clipped to LibMarkSoc is an economically  Center-Left to  Left Unity, civically liberal and culturally Left to Center-Right ideology that fuses liberal economic views with a 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 Marxian worldview (Albeit there are limited inspirations), but rather from the same origins of the british strand of Liberal Socialism: the analyses of John Stuart Mill, especially from his "Principles of Political Economy (1871)", from the writings of Adam Smith, especially his "Wealth of Nations", from the analysis of 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 Piero Sraffa, Carlo Rosselli, John M. Keynes and many others.

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

Additionally, there is a lot of impulse coming from 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 Neo-Marxian economics.

Beliefs (WIP)

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

Liberal Market Socialism supports a 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 Ordo-Liberalism, with both a Welfare System and Balanced Budgets and some level of Austerity. The preferred school of economics of the Liberal strand is the Social Market Economy paired with Mainstream Economics/New Keynesianism, with various influences coming from 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 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

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 banks

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

  • Some want to transform all banks into mutuals or cooperative banks, generally following Proudhonian ideas on the matter.
  • Others want all banks to become state-owned and controlled either directly by the executive or by economic experts appointed by the government, behaving like state-owned companies, or even to merge all banks into the central bank. This is because many consider banks "Too big to fail" and should, thus, be under government control because of their importance.
  • A small subset prefer to keep banks private, as they have no problem with "private capital", Mostly because they support (((them))) controlling the world.

A Central Bank and a 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 Liberal Socialism, there is less emphasis on social ownership.

Cultural stances

Liberal Market Socialism follows principles of Utilitarianism and of the Left-Enlightenment, mostly from the ideas of John Stuart Mill and other proponents of Classical Liberalism. Cultural Liberalism is an integral part of the ideology, together with some forms of Moderate Progressivism and of Moderate Conservatism, just like other liberals. Liberal Market Socialism is thus generally moderately 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 Social Liberalism and 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. Keynesian and Neo-Keynesian economics are the preferred systems of this strand, but more Neoclassical-aligned economic schools are not uncommon; state intervention in the economy is thus more pronounced. This strand is thus considered to be Left-wing to center-left overall.

File:NeolibMarkSoc.png Neoliberal Market Socialism

Basically a social economy with a more pragmatic and centrist to center-right economic policy, generally following the New Keynesian economic theory. It is more critical on some kinds of 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 center-right to right-wing economic stances, not unlike those of Liberal Conservatism, National Liberalism and File:ConLib.png Conservative Liberalism and right-wing Neoliberalism, and thus generally opposes things like Unions and Welfare. It follows Neoclassical Economics and Monetarism, with a great focus on Financial Conservatism. File:Chicagoan LibMarketSoc Icon.png Chicagoan Libertarian Market Socialism is the most right-leaning strand of the movement.

Personality

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 Social Liberalism, Millism, Liberal Socialism, Ricardian Socialism and 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 Social Libertarianism and 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 Libertarian Socialism, apart from the blue color, which is meant to mirror the color scheme of 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

  • Classical Liberalism - The common ancestor of modern politics. He had the right ideas for his time, too bad that he got hijacked by libertarians (AKA boss boot-lickers).
  • Eco-Capitalism - I am skeptical of your methods (Who says that profit-incentive will make industries pollute less), but I can give them a try.
  • File:PCB-Marketsoc.png Market Socialism - We have some overlap, but you are too far left. I can still work with you for the time being though.
  • Democratic Socialism - Some of you are more akin to me and Liberal Socialism, others to regular File:PCB-Marketsoc.png Market Socialism, but why are SO MANY of your followers State Capitalists!?
  • Titoism - Ok, you allowed foreign investments and had a cooperative based market, but what's with the authoritarianism and meddling into the co-ops? Still, you were the best socialist in the 20th century.
  • File:PCB-Nalib.png National Liberalism - Ciudadanos is based, just like those similar to them, but sometimes you are too bigoted and you seem not to like free markets that much (Looking at you, Brexiters).
  • Liberal Conservatism - I may work with you at times since you're moderate on most issues, but you directly oppose my grandpa and my brother. At least you're not File:PCB-ConLib.png Conservative Liberalism.
  • Mutualism and Left-Wing Market Anarchism - I can excuse laissez-faire, but anarchism? Get at least a minarchy!
  • Libertarian Market socialism and File:Minmutball icon.png Minarcho-Mutualism - Too libertarian and without property rights, but much better than the two above you.
  • Austrian School - I admire your attachment to free markets, your opposition to Corporatocracy and the influence you had on many left-wing ideologies, but don't you think that, maybe, you are a bit too ideologic? And also, you oppose co-ops!?
  • Libertarianism - Boot-licker of bosses. Get some co-ops! However, I must recognize that you like freedom a lot (A bit too much freedom in markets.)
  • Social Democracy - My grandpa likes you, but you are too far left with your regulations and protectionism. Also, no co-ops (although many of your supporters love them), but you are still a good candidate to form an alliance.
  • File:PCB-Corptism.png Corporatism - You don't go far enough, but I like that you love co-ops. Also, you can be a bit authoritarian at times, especially economically.
  • Yellow Socialism and Libertarian Yellow Socialism - You two are pretty strange. You like syndicates, private property and markets, which is great, but you really think that class collaboration is enough? Also, abandon your shit social policies, PLEASE.
  • Socialism - I won't consider you an enemy since you too are against capitalism and you have the right reasons to protest; that doesn't excuse your unrealistic economic stances and your rejection of private property.

Enemies

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

Friends

  • Mutual Capitalism - "Class Symbiosis"? More like co-determination on steroids. We can work together for quite some time, and you may even be preferable in some industries.
  • File:Coop Clib.png Coop Classical Liberalism - You're my best friend. We have similar origins, but you are a bit more libertarian than me.

Frenemies

  • Market Communism - Uhh I guess I'll become like you in a far future, but you're too on the left for me. Still, I will allow communist co-ops in my system.


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


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