Centralism vs Decentralism: the new Left vs Right — Part 3 (Open Centralised)

(aka Free Trade Economy, Liberism Economy, World Economy)
Source: Bug https://www.flickr.com/photos/bug138, Modifications (cropping, effects) by Luke Schoen, link to license https://creativecommons.org/licenses/by-nc-sa/2.0/

Policy Types

Source: Unknown, https://politics.stackexchange.com/questions/10362/shouldnt-anarchism-be-far-right-since-right-wing-politics-opposes-big-governm

Popularism

  • Policy — liberal democracy, capitalism, small government,
    market economy with regulation to control monopolies, private property rights, limited welfare state (education and medical care coverage), supportive of conservatism and economic liberalism, opposing toward socialism and communism
  • Goods and Services — free markets, individual initiative (i.e. skills)
  • Decisions — appeal to the majority (general public), anti-elitism
(aka Right-wing Popularism, Radical Right, New Right)

Leftism

  • Policy — social welfare and equality, popular sovereignty, no hierarchy
(aka Socialism, Left Wing, Nationalism, Moderate Right)

Communism

  • Policy — social organisation, all property owned by community,
     all members contribute and receive according to their ability and needs

Far Right

  • Control — absolutist government, power of state supports dominant
     ethnic group or religion (often to criminalise others)

Fascism

  • Decisions — by dictator, totalitarian government
(aka Falangism)

Revanchism

  • Policy — patriotism and retribution willing to reverse territorial losses
     following a war or social movement

Sovereignty

  • Monarchism, Republicanism, Euroism

Internal Goods & Services

Specialise where hold:

  • Comparative advantage (lower opportunity cost)
  • Productive capacity

International Trade

  • High

External Impact

  • Globalisation
  • International Organisations — UN, Multi-National Corporations (MNCs)
Source: Barry Marsh https://www.flickr.com/photos/126409951@N04. Modifications (cropping, effects) by Luke Schoen

Pros

  • Innovation, free enterprise

Cons

  • Secret negotiations, and elite gaming the system through free trade
    deals with tax havens (i.e. Panama Papers)