Three economic systems

I have a new idea… There are only three fundamental systems of economics. Economics is really just the methods used to motivate humans to do productive work. Capitalism, which relies on individuals keeping the product of their work to motivate them. Socialism, which uses sharing things equally to motivate people. Dictatorship, which uses violence to motivate people.

Agree or do you see others?

Published by

Joel Gross

Joel Gross is the CEO of Coalition Technologies.