Absolute Capitalism

<div" class="plainlinksneverexpand">

Absolute Capitalism Symbol

Absolute Capitalism, capitalized, is the union of laissz-faire and the institutional theories of Fascism. One can deduct that this is the opposite of Marx's and Hegel's dialectic, although the theory is the same. Unlike both Georg Hegel and Karl Marx, Emperor of the Golden Throne Fedor I, theorized that historical progress was marked by aggression and violence inspired by the compulsion to excel economically, as opposed to what Hegel believed, which was violence inspired through God. Regardless, the idea is that struggle brings together thesis and antithesis into a single 'new thesis', or more accurately a synthesis. Throughout history, struggle has led to the continuous development of new synthesis. But unlike Marx and Hegel, Absolute Capitalist theory does not believe that it is within itself the final synthesis; in fact, the theory is rather progressive, and this theoretical impetus is driven through the Conglomerate of Capitalist Entities, the economic board of international capitalism, founded by the Second Empire of the Golden Throne. Absolute Capitalism is a relatively new theory which attempts to capitalize, pun intended, on the theories of capitalism and the few successful ideas of fascism, all mixed with a tint of progression and iced with a layer of Verogianism.

History

Absolute Capitalism, as an economic system, was established during the War of Golden Succession by Jonach I, as an attempt to continue and open trade routes and expand mercantilism, even under war. It's to say, it was an attempt to restore consumer trust in nations that were deemed as major trade partners by the Second Empire of the Golden Throne. Original economic theorist had attempted to push the Empire into the realm of Capitalizm, but fascist tendencies forced the development of a completely different system of economy. Ergo, the theory was based off previous economic theories which agreed with Absolute Capitalism, and then merged into one, thus manifesting Absolute Capitalism. These previous institutions include the Order of the Invisible Hand, Verogianism, Capitalizm and Fascism. The first official expansion of the economic system arrived with the founding of the Conglomerate of Capitalist Entities in the summer of 2016. Since then, the system has been progression and expanding although several theorists have called for the aggressive expansion. This led to an early period of institutional indoctrinization within the CCE; in fact, it was the earliest topic of discussion between original members.

Ideology

In simplest terms, as said beforehand, Absolute Capitalism is the union between Pure Capitalism and Fascism. Laissez-faire is held to the core with belief that there should be absolutely not government intervention in localized, national or global economics, except with a single exception that will be described below. It is speculated that through trade between absolute capitalist the market will fluctuate as dictated by supply and demand, and that government regulation of goods is unnecessary simply because if the subject good is overpriced supply is reduced. In terms of necessities to survive for the common peon Absolute Capitalism dictates that either an alternative will be born of human reluctance to continue purchasing that good, or in other words alternative goods will be looked for, or there will be a natural development of an opponent. It is accepted that through human nature mistakes will result, however, absolute capitalism holds to truth that human nature also dictates that there will be an attempt to solve this mistake; absolute capitalism makes sure that the social contract theory proposed by John Locke and Thomas Hobbes is not followed when it comes to economic progression - instead, obstacles are solved by the economy itself; meaning, it is regenerative within itself. To this effect, it's admitted that David Ricardo's iron law of wages is correct, but it is not agreed that the government should provide a minimum wage. In effect, it's postulated that minimum wage will be set by itself through simple supply and demand economics. At a certain wage workers would simply refuse to work any longer and so there is a natural minimum wage; in other words, wages restrict themselves upon the inherent ability for humans to choose to work or not. Robert Michelss iron law of oligarchy theory is also followed and accepted as a truth. However, it's also believed that both the Bourgeoisie and the lower class are intertwined in economic progression and through natural law both effect said progression so that in fact the next synthesis is one that distributes the advantages to both.

Deviating from pure capitalism is when Absolute Capitalism begins to relate to Fascism's ideals on the role of the state. In essence, the end result of Absolute Capitalism should be the improvement of the state economically and socially. In other words, the success of the economy ultimately benefits the wellbeing of the state itself. The definition of state, in this case, being: the sovereign administration of a nation, or groups of nations. To this extent, the government is also an economic institution, or even conglomerate, leading to the greater support of Michels' iron law of oligarchy theory; in other words, the administration is a group of elite individuals. There is a fine line between the role of government in the economy which should be fully specified for a complete understanding of Absolute Capitalism. The government, within itself, has absolutely no role in economics, however, the success of private economics, both locally and nationally, in turn give the ability for the further progression of the state as a whole since in the end the wholesale privatization of the economy means that the government can simply hire out an industry to further social and cultural wellbeing. The government's funds come through a series of loans which a government can manipulate. Government A can accept a loan from Bank X to pay off Industry N, and then pays off Bank X by accepting a loan from Bank Y. In that form, the government is always in debt, taking into consideration Henry Clay's theories that national development takes precedence over national debt.

The single role that government plays in Absolute Capitalism is the global revolution of the theory. There is no iron law of free trade with non-capitalist governments, or governments that favor restrictions, and consequently it should be the responsibility of the government to impose the economic system on others. This doesn't imply that government should establish restrictions, it implies that government has the role to guide the international continuation of the economic system. Although absolute capitalism is believed to be a natural occurrence it is also postulated that it is a long achieved synthesis, meaning the evolution to the system is a slow change, and thus to speed up the progression the respective government can introduce the previous anti-thesis and thesis, which then merge into Absolute Capitalism's original synthesis, or whichever synthesis is developed thereafter. Invariably, no system can be imposed and expected to survive; in other to achieve perpetual success it is thought that it must developed as a natural occurrence, and so the previous synthesis is introduced and so struggle continues and thus through natural occurrence the new synthesis is developed at the will of common morality.

Pragmatic Absolute Capitalism

It has been established that pure capitalism cannot take part in a conventional government; if anything, a pure capitalism would be ruled through an oligarchy of merchant class men. Therefore, a more realistic implimentation of Absolute Capitalism is one that has been seen to take part in the first nations that have implemented the system. In essence, the government makes a profit through simple income tax, spending none in welfare and such, and this income tax rate is flat and across the board. The idea is that the income tax is minimal, thus there is no major hinderence on the individual to invest capital, but a profit is made for the government. The tax rate is so minimal that more capital is invested than under a standard income tax system in a quasi-capitalist state. Theoritically, enough capital would be invested within said country that wages would rise as part of it, since there's more money to distribute. Albeit that some business would redistribute wealth amongst the already wealthy it would either be on a small level (because for a business it would be much better to redistribute wealth to employees and thus expect more capital), or it wouldn't matter anyways because more money would be made of the income tax on the business individual regardless, forcing the money to be redistributed anyways. Theoritically, such a system would be perpetual, and as such defined, Absolute Capitalism does not provide for the welfare of the low class individual so redistribution of wealth should be irrelevent. In fact, Absolute Capitalism, is by definition, survival of the fittest and so the very nature of humanity is capitalized on, competition, forging a society that never ends to strive for the best since individuals are always working to be better than the other to survive in the world.

Some even argue that even the income tax can be referred to as a business, because they believe that by definition it is. They say it is the government's profit to tax the individual. They say it is in fact, a monopoly; just like a standard business cycle, they say, this profit then turns into capital as it is spent on waging wars, forging armies and purchasing in general. This money will always re-enter the stream of capital. Therefore they claim that there would be no reason to suggest that pure capitalism, or near pure capitalism, has not been attained under Absolute Capitalism. By definition, they claim, it has. However, a government is not a business because a government extracts money by means of the threat or use of force rather than as part of a mutually acceptable trade agreement, and so it is neither a business nor an acceptable part of a pure capitalist system. Indeed, following this broken logic you could argue that Communism is pure capitalism, which is clearly absurd and defies the definitions of both concepts.

Opposition's Response

Anti-capitalist nations have vehemently attempted to shoot down what they deem to be a "neo-fascist" ideal and/or organization. Through political wrangling and what may be termed demagogue policies, anti-capitalist nations have attempted to destroy or weaken Absolute Capitalism by trade tarrifs, blockades, embargos, and even terrorist acts. So far, widespread hatred of Absolute Capitalism policies only occur in Third World nations, socialist countries, and communist states; however, due to the blatant fascist policies, some pro-democratic countries have also shown distrust.

Recently, the ideology has also been the target of criticism from Free Market Liberalists, whom regard the ideal as a distorted form of National Socialism, which represents itself as Capitalism under false pretenses.

It is rumored that an organization based in the Soviet Union and acting under the title of foreign legion called the Revolutionary Armed Forces Abroad have attempted to enter the Macabee Imperium and Jenrak on espionage and terrorist activites.

Conclusion

Absolute Capitalism is a force on the rise, spreading quickly throughout both developed and developing nations, and it's guaranteed to be a major economic theory, soon turned system. Nonetheless, critics are pointing out increasingly radical sections of Absolute Capitalist markets, including a small radical group naming themselves the Knights of Pir-Sar. A future development notwithstanding, Absolute Capitalism is proving itself to be a very realistic and pragmatic option which rivals pure capitalism and capitalizm.