Politics

Position on issues

Left

 

 

Right
Social Progressive Liberal

Conservative Libertarian
Economic

Communism

Socialism

Crony Capitalism Free Market Capitalism

Guiding Philosophers Karl Marx/Vladimir Lenin John Stuart Mills/ Jean-Paul Sartre

John Maynard Keynes/ Adam Smith

Friedrich Von Hayek / Ayn Rand

Economic objective of Government

Complete control of economy through central Planning

Majority control of economy through large government organization, heavy regulations and taxation Minor control over economy, accepting of cartels, cronyism, and monopolies. Limited control of economy

Taxation Over %70

%50 to %70 %30 to %50

%10 to %30

Taxation System

Progressive Distant Brackets Close Brackets

Flat
Economic Performance

Recession

Stagnation

Slow Growth

Fast Growth

Economic  

 

Limited competition and incentives

Competition and Incentive

Wealth Accumulation None Only among elite party supporters

Some potential   Good potential 
Freedom

Rare

Limited

Available Guaranteed

accountability Rare Limited Available Guaranteed
Transparency Rare Limited Available Guaranteed
Property Rights

Rare Limited Available Guaranteed
Government size Very big

Big

Moderate Small
Major Economic Organization Government Government and elite private organizations usually part of a government pension or occupied by unions

Government and heavily regulated industry Private organizations
Head of State

Dictator Party appointed Party elected Elected directly by the people
 
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