
Economic system
An organized method by which countries, governments, and corporations distribute resources and trade goods and services.
Examples:
FEUDALISM
You have two cows. Your lord takes some of the milk.
SOCIALISM
You have two cows.
The government takes them and puts them in a barn with everyone else’s cows.
You have to take care of all the cows.
The government gives you as much milk as you need.
CAPITALISM
You have two cows.
You sell one and buy a bull.
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PURE SOCIALISM
You have two cows.
The government takes them and puts them in a barn with everyone else’s cows.
You have to take care of all the cows.
The government gives you as much milk as you need.
komelon
CHINEESE COMMUNISM
You have two cows.
You have to take care of them, but the government takes all the milk and sells to Walmart.
warheronot
RUSSIAN COMMUNISM
You have two cows.
You have to take care of them, but the government takes all the milk.
edamame
FASCISM
You have two cows.
The government takes them both, hires you to take care of them and sells you the milk.
zorba
BUREAUCRATIC SOCIALISM
You have two cows.
The government takes them and puts them in a barn with everyone else’s cows.
They are cared for by ex-chicken farmers.
You have to take care of the chickens the government took from the chicken farmers.
The government gives you as much milk and eggs as the regulations say you should need.
ironical
CAMBODIAN COMMUNISM
You have two cows.
The government takes both and shoots you.
inactive