Centralism vs Decentralism: the new Left vs Right — Part 2 (Closed Centralised)
Published in
1 min readJul 14, 2017
(aka Self-Sufficient, Autarky, Isolatism)
Policy Types
Merchantilist (Absolutism)
- Control — government regulation of national economy that
augments state power at the expense of rival national powers - Risks — potentially detrimental to economic growth
Paleoconservatism (aka Paleocon)
- Control — abiding to traditions, limited government, restrictions on multiculturalism, decentralisation of federal policy, control of free trade, Nationalism and Isolationism in terms of foreign policy
Protectionism
- Control — shielding domestic industries in a country from foreign competition by taxing imports
Sovereignty
- Monarchism, Republicanism
Internal Goods & Services
- Self-sufficient (including skills)
International Trade
- None or minimal
Internal Impact
- Black markets, city migration, censored press, suppressed freedom of speech
External Impact
- Sanctions
Examples
- State controls prices whilst development of national economy is cut off from international trade
- Extreme cases include Western European countries in the 16th and 18th century, and others in 20th and 21st century
