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Sunday, November 23, 2008

Four types of Capitalism


Not every economy fits into one of these. Most have all four elements. 

Oligarchic Capitalism 
Where the resources and power are in the hands of the few, like the U.S. and Russia

State-guided Capitalism 
Not communism, the state directs where the resources go, like in the China, India and the U.S.

Big-Firm Capitalism 

Like the U.S., Western Europe and Japan

Entrepreneurial Capitalism 

Dominated by new firms, like the U.S. and Israel  

Best to have a combination of Big-Firms and New Firms.




On a lighter note, this cartoon is from a tshirt that I first saw on one of the software engineers at MokaFive.












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