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Economic systems, Individualistic Capitalism, Traditional, :arrow_lower…
Economic systems
Strategic
Individualistic Capitalism
Individualism
Individual rights
Absence of restriction
Adam Smith
John Lock (Father of Liberal)
Traditional
:arrow_lower_left:
Historical
:arrow_lower_right:
Command
:arrow_down:
Market
Capitalism is good
:arrow_down:
+
Concept
:arrow_right:
U.S
:arrow_lower_right:
Europeans (Mixed Bag)
Anglo Saxon
:arrow_right:
More in line with Capitalist ideology - Enterprise
Individual Freedom
19th Century
:arrow_right:
More individual based
Laissez Faire
Pure market
:arrow_right:
Property Rights
:arrow_lower_right:
:arrow_down:
Enforcement of contracts
Right to Hold Property
Government
:arrow_right:
Capitalism Unharmed - Minimal restrictions