Arcasian Capitalism
Arcasian Capitalism is an economic and political ideology that emerged in early 20th-century Arcasia and continues to shape its economic landscape. Characterized by market-oriented reforms, it emphasizes the importance of privatization, the removal of price controls, and the deregulation of capital markets. Arcasian Capitalism champions an economic structure driven by profit motives, with limited state intervention except when necessary to address specific societal challenges.
At its core, Arcasian Capitalism is grounded in individualism, emphasizing the role of the individual and the freedom of choice within society. It upholds personal rights and liberties over collective demands, advocating for personal responsibility and self-determination. In this system, the market largely self-regulates, with supply and demand dictating resource allocation. The state's role is generally peripheral, intervening only when larger issues necessitate action.
Supporters of Arcasian Capitalism advocate for the removal of business-related regulatory barriers to foster a competitive and vibrant economic environment. They argue that deregulation improves efficiency, reduces corruption, and expands consumer choice. A key element of the system is the privatization of state-owned enterprises, transferring them to private hands to harness market forces and stimulate competition.
Under Arcasian Capitalism, many essential services, including police, fire services, and healthcare, have transitioned to the private sector. Private security forces, firefighting services, and healthcare facilities now compete to provide better services at competitive prices. While the free market plays a significant role in these sectors, state-backed alternatives remain to ensure broader public access and protect collective interests.