Curated category
Economic ideologies
- FascismThe word fascism originates from the Italian term fascio, meaning bundle of sticks. This concept traces back to ancient Rome where a fasces was a bundle of…
- AnarchismThe word anarchism emerged from the Ancient Greek term anarkhia, meaning without a ruler. It combines the prefix an- for without and arkhos for leader or…
- CapitalismThe word capitalist appeared in the Hollantse Mercurius newspaper during 1653 and 1654 to describe owners of capital. This Dutch publication used the term…
- ProtectionismA tariff is an excise tax levied on imported goods. Originally imposed to raise government revenue, modern tariffs are now used primarily to protect domestic…
- Social democracyIn 1869, the Social Democratic Workers' Party of Germany became the first social democratic party established in Europe.
- Planned economyIn the Hellenistic and post-Hellenistic world, compulsory state planning was the most characteristic trade condition for the Egyptian countryside.
- SocialismThe word socialism finds its root in the Latin term socialis, which means to combine or to share. Pierre Leroux claimed he first used the term in a Parisian…
- CommunismThe word communism derives from the French term communiste, which combines the Latin root communis meaning common with the suffix -isme indicating a state or…
- Market economyThe image of Pike Place Market in Seattle, Washington, from 1968 captures a moment where supply and demand operate without central direction.