NotePD Loader
Ideas Post

James Altucher


A simple guide to all of the -isms

A simple guide to all of the -isms

    1. Marxism

    Any financial division between an owner (someone who accumulates capital generated from the work of others) and a worker (someone who is paid less than the value he or she creates) results in class struggle and eventual revolution.

    Hence, avoid that division.

    2. Socialism

    A capitalist society (where a worker gets paid less than value created and a boss gets the remainder), but where capital or ownership is later redistributed to “even things up.”

    3. Capitalism

    The word , "Capitalism" comes from Karl Marx. Which is why I don't think it represents our society at all.

    Karl Marx’s description of a system where some people do not create value but accumulate capital. This does not exist in real life. When people use the word “capitalism” they mostly don’t realize they are referring to Karl Marx’s definition of it.

    The next ism is more what I feel describes our society.

    4. Innovationism

    The real source of prosperity and societal improvement (including human rights) comes from innovation. Innovation is a response to all prior technologies ever invented to solve a problem. Policies that reduce the friction required to innovate increase a society’s prosperity, healthcare, social issues, etc.

    This is the political philosophy I most agree with.

    5. Political Liberalism (which is different from US usage of "liberals").

    A belief that all should have equal access to opportunity and that all deserve human rights. A belief that “rational” people will vote for their best interests, but that “reasonable” people require many different ideas from rational people, will vote on the ideas, and will abide by the consensus, even if it doesn’t go their way.

    6. Woke-ism (also sometimes referred to as "intersectionality" and also note that it's very different from "civil rights").

    A belief that some should have more access to opportunity than others in order to equal things out based on prior injustices that are now baked into the society. At any given point, the weakest voices (segregated by race or sex or preference or the intersection of these) should have the most access to opportunity.

    7. Libertarianism

    All should have equal access to opportunity. Decision making needs to be decentralized (individualized or, at least, localized) versus centralized (government-made) since a central body cannot make better decisions for the individual than the individual.

    8. Obamaism

    Friendship and consensus leads to prosperity. Even if a decision or policy is bad, if it is made with a group of decision makers, it is still more likely to result in prosperity than a decision that generates hostility among key decision makers. Consensus among nations creates globalism. Some, but not all, historical injustices can be corrected with policy.

    9. Trumpism

    A leader makes a limited amount of decisions but makes many decisions unilaterally to avoid “bureaucracy by committee.” Also isolationist — prosperity for a country comes from always making the best decisions for your country and ignoring the needs of other countries unless it benefits your group.

    Btw, this is not an opinion on Trump or Obama. In fact, I'm not sure they always followed Obamaism or Trumpism.

    10. Fascism

    State-controlled capitalism mixed with identity politics. Fascism often is an extreme, nationalist version of socialism (despite what most people think). The National Socialist party in Germany and the Italian Socialist party in Italy ultimately became fascist parties.

0 Like.0 Comment
Jayand 9 more liked this
Comments (0)

No comments.