Economy types

This article lists the different economy types and subtypes in The New Order: Last Days of Europe.

Corporatism

Corporatism is an economic system which aims to organize the state and society as a whole into corporate groups, believing that it is the best way to achieve an efficient and strong economy. Deriving from the ideas of syndicalist thinkers such as Sorel, it also seeks to promote class cooperation between capital and labor instead of class struggle, and posits that a good relationship between the boss and the worker is the key to the machine of the state being well-oiled. Asking for total devotion toward the state, corporatism is commonly found in fascist and dictatorial regimes. Important to note, however, is that such a system is distinct from a corporatocracy, in which the lines between the state and the corporations are blurred.

Dirigisme

The doctrine of Dirigisme, literally "to direct" in French, certainly lives up to its name. While the ill-informed might mistake its embrace of the capitalist market for tolerance of laissez-faire practices, Dirigisme is anything but; for the reins of commercial and productive power lies firmly in the hands of the state - the enforcer, the burden-bearer, and the sole overseer of the great economic clockwork. Nation-wide projections, concrete planning, targeted investment - whatever vital matters not to be trusted with independent actors shall fall upon the shoulders of state institutions; where the markets fail and falter the state shall duly intervene, curbing inefficiencies and ensuring that national objectives shall remain viable and attainable for years to come.

Despite heavy state involvement, however, private sectors remain just as crucial, if not doubly so. "National Champions", active or prospective private patrons of the interests of the state, are to be prioritized above the rest. Other private industries are expected to thrive and prosper through self-incentivization, serving the state while heeding its guidance all the same. All shall align themselves towards the greater good, and all shall not be exempt from it.

Gelenkte Wirtschaft

Germany's economic system was improvised into existence during the 1930s in response to various short-term pressures - a balance of payments crisis, the rearmaments drive, the political need to keep German business afloat, recovering employment levels from their nadir during the Great Depression, and a host of others. What has emerged from this long process of trial and error is a 'Controlled Economy,' a system of tight bureaucratic oversight of wages, prices, resources and investment, in cooperation with the efforts of a horizontally cartelised private sector.

While commerce is insured from uncertainty, industrial disputes suppressed and competition excluded, this bounty for Germany's capitalists comes with a catch. All efforts are directed to fulfilling the wishes of the state and Party, and no action is taken without scrutiny. The government's demands are endless, its projects paramount. Whatever benefits the German economy provides to its most successful participants, the government is, as in all things, supreme.

Socialized Economy

A socialized economy is a heavily centralized form of corporatism, where large parts of the economy have been nationalized by direct state intervention, especially in strategic sectors such as arms production and heavy industry.

Coming close to an actual planned economy, it differs from its close relative due to the permanence of private economic initiative - albeit subjected to state subsidies and regulations - and for the important role of the corporations, fundamental instruments to ensure that all social classes cooperate instead of fighting one other.

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Corporativist Colonial Economy

A colonial economy is a system propped up and constructed by a colonizing country to serve its interests. While the exact balance of civilian and military economic interests varies, the system's goal above all else is to sack and plunder the colony, to extract and export as many resources as possible to the colonizing nation.

In colonies subjected to corporativist systems, this relationship becomes even more apparent. Corporate monopolies from the metropolis run these states, and extract all of the resources that they can. As seen in examples of this system such as in the reichskommissariats of the German Reich, few accommodations are typically given to the native peoples laboring under these systems.

Crown Credit

Crown Credit, on its surface, is little different from Social Credit as proposed by CH Douglas. However, under close examination, Crown Credit is a far more uniquely English institution than Social Credit. It shares Douglas' analysis regarding banking being the source of all social ills, but takes it a step further than that - explicitly blaming Jewish people for what they see as a decline in the English stock and the decline in the English countryside, urbanisation to them being driven by Jewish banking interests.

It seeks to build a thriving rural market economy made up of small businesses that do not have the size or ability to cause much damage to the land. This unfortunately puts it into direct conflict with the German megacorporations, who are not eager to leave the countryside at the government's say so. Therefore the new economic model seeks to dislodge them by force, and reverse the trend of rural migration to urban areas by giving preferential treatment to English business in the countryside. Leading to these businesses being able to compete with the megacorporations, greater economic growth in the countryside - and hopefully a widespread move back to the green fields of England by the people.

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Free Market Capitalism

Free market capitalism is an economic system where private enterprises and businesses are free to operate with few or no restrictions from the government. To elaborate, it means that things such as prices, costs, and wages are regulated by participants in the market, such as the buyers and the sellers: as such, government oversight and regulation are minimized. Popular among market liberals of all stripes, it has become one of the most in-use systems around the world.

American Capitalism

American capitalism is the blueprint from which other free, capitalist nations model themselves on. It is still based around free trade with minimal government intervention in the economy, however there are several aspects that make this system different from other forms of capitalism. For instance, the American economy is backed by the United States dollar, a strong currency highly valued for its stability and therefore used as the world's primary reserve currency. This helped America to recover after the Second World War from the Great Depression, building the foundations of a strong economy backed by the military-industrial complex.

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United States of America West Indies Federation

Corporate Oligopoly

Similar to several other countries, economic activity in this nation operates on free market principles, albeit with a high degree of market concentration, with competition dominated by a small handful of corporations. What distinguishes this economic system from its other capitalist cousins, however, is the minimal intervention of the state. To an exceptional degree, the regulatory and administrative arms of the state are stunted, captured, or largely ineffectual in both form and function, with the whims of the dominant corporations subsuming public interest.

Social Market

In a social market, the state combines the existence of private enterprises and businesses with a fair amount of regulation and state intervention in the economy to make sure it is well-functioning. In the eyes of its supporters, such a system maintains a balance between a high rate of economic growth, and low levels of inflation and unemployment, along with good working conditions and a degree of social welfare. Popularised by the writings of German economist Ludwig Erhard, the concept of the Social Market has been gaining ground in recent years.

Subsistence Economy

Operating under pre-capitalist modes of production, subsistence economies are focused not on the creation of goods for monetary value but solely for consumption, predominantly using natural resources. These economies typically lack the industry and technology needed to mass produce goods, with the scarce economic surpluses created being used to barter. Rarely, limited forms of monetary trade take place, but only in urbanized areas and usually involving a developed economy, with the transactions being chiefly rent-in-kind transactions.

System of Khozraschyot

Khozraschyot is often translated into English as "cost accounting"-- the apparent reference to market capitalism is by no means a mistake. Bringing together the security of a planned economy and the unique motivations of a capitalist economy, the Khozraschyot System encourages liberalization of the Soviet economy with the express aim of building up productive forces in order to bring about socialism. At its most basic, it is the simple introduction of the concept of profit to a centrally planned economy, though the term has a much more expansive connotation of free market liberalization due to Genrikh Yagoda's use of the term.

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Autonomous Colonial Economy

A colonial economy is a system propped up and constructed by a colonizing country to serve its interests. While the exact balance of civilian and military economic interests varies, the system's goal above all else is to sack and plunder the colony, to extract and export as many resources as possible to the colonizing nation.

In the colonial subjects of nations that employ free market economies, the power of the colonizer to totally exploit its subjects is less powerful. While the market systems can and often do have the hands of the colonizer deep inside of them, the economy remains fairly decentralized. The majority of colonial exploitation is instead usually done through private companies, who exploit the resources and sell them back to the colonizing nation.

Planned Economy

A planned economy, or command economy, is an economic system in which the entirety of the economic output and growth is planned in advance to account for the needs of the population and of the country as whole. Such a planification can be either centralized or decentralized, and can be decided either by a dedicated council of experts, or by the people in a participatory manner.

Anarchist Communism

The definition of anarchist economics requires one to shift their definition of the economy at its core. The common held understanding of economics as a means for business to grow and, therefore, for men to get richer, is but one narrow view of what the economy can be. To the anarchists of Central Siberia, the economy ought to act for the people, in the most direct way possible. Day to day economics are simple, people, not corporations, take their goods and services where needed and exchange them for their wants and needs. Inter-communal trade is much more convoluted. A struggling commune in dire need of food during a poor harvest, medical supplies in times of hardship, or whatever other challenges the Russian Anarchy may present may request the aid of fellow communes at the General Assembly. At that point, their people will decide how to allocate to ensure the economy works to meet the needs of everyone. To ensure the economy is kept up to date, the Sub-Council on Economic Development, headed by Comrade Mikhail Kilchichakov, has been tasked with handling the day to day redistribution of supplies and also cooperating with workers to establish industrial plants, bringing a whole new meaning to keeping the economy in the black.

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Siberian Black Army

Burgundian System

There is only one individual who deserves to profit from the state: the Aryan.

All others are disposable.

The Burgundian System embodies the most extreme views of National Socialism, where all non-Aryans are considered disposable to the state, as are their economic policies. Burgundian economies are defined by an underclass of impure races being exploited to squeeze every last drop out of productivity out of them.

Many of this underclass are slaves, and even those who are not do not thrive. This often drives the Burgundian adherents to more radical ends, while expanding the underclass, all in a desperate attempt to stave off the inevitable collapse of such an unsustainable system.

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Ordenstsaat Burgund Großafrikanischer Reichsstaat

Military Directed

In a military directed economy, the military controls the economy directly, with most if not all of the economic output being geared toward their goals. Most popular in stratocracies and military dictatorships of all stripes, it however tends to neglect the wellbeing of its citizens for the benefit of the army, as regimes using this economic system are more often than not of a quite nationalistic if not ultranationalist nature.

Worker Directed

While planned economies are often believed to be only ones which are directed by the state, not all planned economies follow this convention.

Worker Directed economies are not planned by state officials or bureaucrats, but by the workers themselves, often in the form of worker councils or unions. Through these bodies, workers often retain direct control over their production, and usually exercise a high degree of autonomy as a result.

While lacking the efficiency and focus of traditional state-directed central planning, this decentralized and local approach often has the strong support of workers, who are given a voice in the process where they otherwise would not have.

War Communism

Despite the lofty-sounding name, War Communism is not so much a coherent economic policy as it is an adaptation of Leninist rhetoric to fit the urgent need of a nation in a state of total war. With first priority for resources and manpower going to the military, second to the towns and factories, and last of all to the rural population, the end goal is victory at any cost - be that political, human, or economic.

Centralized Colonial Economy

A colonial economy is a system propped up and constructed by a colonizing country to serve its interests. While the exact balance of civilian and military economic interests varies, the system's goal above all else is to sack and plunder the colony, to extract and export as many resources as possible to the colonizing nation.

While some colonies may be more autonomous in their economic structure, this particular system is highly centralized. All economic decisions are determined either by a local colonial authority, or directly by the overlord nation themselves. In these systems, the economy is planned from top to bottom to ensure that as many resources as possible are exported as efficiently as possible.

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Italian East Africa Algerian Military Territory

Others

Anarchic

In an anarchic territory, the state either doesn't exist, or is mainly influenced by small, local communities or villages. Large-scale monetary transactions are sparse, and there is no central authority or formal central bank to speak of. Such states of anarchy are generally attained after large-scale catastrophes, like wars or natural disasters.

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Orenburg Northeastern Siberia Northern Siberia

Banditry

In a system of Banditry, the economy is centered around theft and extortion of the common people by one or more groups of bandits and pillagers. Relying on the stolen wealth of others, those bandits see theft and extortion as the best way to enrich themselves off the backs of nearby countries, or in the most extreme cases, of people inside their very own. Such a system can be found in war-torn and unstable countries, as those conditions are often necessary for the bandits to take power in the first place.

No Economy

Our territory occupies some of the most barren land on the planet. We have no population to tax, no currency to print, and no goods to export. Furthermore, our political status means that nearly all of our economic matters are managed by our home nation, while we deal with matters pertaining to Antarctica. As a result of these factors, our territory does not have an economy in the traditional sense.