World
Ideologies

Arcasian Capitalism

1min

Arcasian Capitalism is an economic and political ideology born in early 20th-century Arcasia, which remains fundamental to its economic landscape. Predominantly characterized by market-oriented reforms, the system underscores the importance of privatization, the lifting of price controls, and expansive deregulation of capital markets. Drawing parallels with "pure capitalism," Arcasian Capitalism champions an economic structure driven by profit motives, with only limited, strategic interventions by the state. At its core lies a profound belief in individualism, emphasizing the individual's paramount role and freedom within society. Upholding individual rights and liberties above collective demands, it accentuates personal responsibility and self-determination. This ideology propels a largely self-regulating market, where supply and demand guide resource allocation. The government's role is usually peripheral, stepping in occasionally when broader societal challenges necessitate intervention. Advocates of Arcasian Capitalism promote the slashing of business-related regulatory barriers, cultivating a vibrant and competitive economic environment. They posit that this deregulation enhances efficiency, diminishes corruption, and broadens consumer choices. A pivotal component of this model is the privatization of state-owned entities, transitioning them into private hands to harness the potency of market forces and invigorate competition. In this system, many critical services like police, fire brigades, and health services have ventured into private domains. The rise of private security forces, firefighting entities, and healthcare facilities are testament to this, as they vie to offer superior services at competitive prices. While the free market plays a decisive role in these areas, ensuring quality and accessibility, state-backed alternatives remain to strike a balance and safeguard broader public interests.