| Capitalism | Paradism |
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Ideas | Laissez-faire means to "let it be"; opposed to government intervention in economics because capitalists believe it introduces inefficiencies. A free market produces the best economic outcome for society. Govt. should not pick winners and losers. | Technology can efficiently replace all human workforces.All the goods and services can be provided free to all.Everyone, free of constraint, will involve themselves into activities that contribute to increase the happiness and well-being of themselves as well as the whole community. |
Philosophy | Capital (or the "means of production") is owned, operated, and traded for the purpose of generating profits for private owners or shareholders. Emphasis on individual profit rather than on workers or society as a whole. | Technology provides for each all their needs and desires without expecting any contribution from each.Free-access to the articles of consumption is made possible by advances in technology that allow for super-abundance. |
Economic System | Market-based economy combined with private or corporate ownership of the means of production. Goods and services are produced to make a profit, and this profit is reinvested into the economy to fuel economic growth. | The production of goods and services don't require a human workforce.The means of production are held in common, negating the concept of ownership in capital goods.Production is organised to provide for human needs directly without any use for money. Paradism is predicated upon a condition of material abundance made sustainable with biotechnologies. |
Religion | Permitted/Freedom of Religion | Freedom of religion. |
Political System | Can coexist with a variety of political systems, including dictatorship, democratic republic, anarchism, and direct democracy. | A one world federation made of small self-determined communities that reflects the variety of cultural, religious and ethnic possibilities.An egalitarian society without governments and politicians ruling the people. A society that abides to the natural law where people freely follow the leadership of those whose ideas and actions contribute the most to their happiness.It is anarchism with geniocracy where a council of geniuses without any power meet to guide humanity. |
Economic coordination | Relies principally on markets to determine investment, production and distribution decisions. Markets may be free-markets, regulated-markets, or may be combined with a degree of state-directed economic planning or planning within private companies. | The management of resources, the production and distribution of goods and services is performed by supercomputers with little human supervision. |
Definition | A theory or system of social organization based on the free market and privatization in which ownership is ascribed to the individual persons. | A theory or system of social organisation based on replacing the human workforce by intelligent machines making the goods and services free to all individuals.The means of production are owned by the community. The people are not ruled or governed but follow freely the leadership and the guidance of the enlightened ones among their community. |
Social Structure | Classes exist based on their relationship to the means of production: the ruling class, or "capitalists", own shares of the means of production and derive their income in that way. In contrast, the working class is dependent on wages or salaries. | All class distinctions are eliminated. |
Private Property | Private property in capital goods is the dominant form of property. Public property and state property play a secondary role, and there might also be a limited number of collective property in the economy. | The means of production are held in public ownership.The family home can remain as private property.Thanks to technologies like 3D printing and drone machines, the free and easy availability of goods will make ownership unnecessary and obsolete. |
Free Choice | All individuals make decisions for themselves. People will make the best decisions because they must live with the consequences of their actions. | The natural law prevails and is sufficient to guarantee the harmony of the whole. Nothing is imposed as people choose to live by the rules of the communities that they wish to join. |
Key elements | The accumulation of capital drives economic activity - the need to continuously produce profits and reinvest this profit into the economy. "Production for profit": useful goods and services are a byproduct of pursuing profit. | Using the advances in technologies to free human beings from the need to work and their need for money. Commonly owned means of production to give everyone free access to consumption and fulfil everyone's needs and desires. No empowered government but an anarchism that allows the natural order to take place. |
Way of Change | Fast change within the system. In theory, the relationship between buyer and seller (the market) is what fuels what is produced. Government can change rules of conduct/business practices through regulation or ease of regulations. | Innovations that benefit individuals or humanity are adopted without constaints by the people and will naturally prevail. |
Ownership structure | The means of production are privately-owned and operated for a private profit. This drives incentives for producers to engage in economic activity. | The means of production are commonly-owned. There is no intellectual property as ideas and innovations are shared.Ownership can apply to family homes and material things. Ownership becomes unnecessary and obsolete when goods are abundant and easily accessible. |
Discrimination | Government does not discriminate based on race, color, or other arbitrary classification. | The people are considered equal and enjoy the same access to consumption. |
Examples | The modern world economy operates largely according to the principles of capitalism. The UK, US, and Hong Kong are mostly capitalist. Singapore is an example of state capitalism. | The garden of Eden.Tribal societies enjoying a natural state of abundance |