Is There an Alternative to Socialism and Capitalism Where People Can Still Decide What They Want to Be?

While socialism and capitalism are the two primary economic systems that dominate our world, the concept of an alternative to these is often misunderstood. Liberal free-marketism, often mistakenly referred to as capitalism, is one such alternative that allows individuals the freedom to choose what they want to be in life. This system restricts the concentration of wealth and limits the power of capitalists to ensure sustainability.

The Limits of Free Market Capitalism

Under liberal free-marketism, individuals retain their right to self-ownership and property. People have the liberty to choose their goals in life and pursue them, altering them as needed without significant barriers. In contrast, under socialism, all production is controlled by the state, eliminating the notion of self-ownership and property rights. This system intrinsically limits the variety of occupations one can choose, as labor and intellect are directed by the state rather than personal preference.

No third way has been fully established among advanced civilizations, making liberal free-marketism a viable option for those seeking autonomy and freedom in their professional lives.

Exploring Alternative Economies

There are numerous alternative ways to live and work beyond socialism and capitalism. Here are some real options:

Hunter-Gatherer Lifestyle

If you are drawn to a simpler, more natural way of living, consider becoming a hunter-gatherer. This ancient lifestyle involves living off the land and requires a deep knowledge of local ecology. While it may not be practical for most people, it can be a fulfilling and meaningful way to live.

Subsistence Agriculture

If you prefer a more settled lifestyle, subsistence agriculture offers a path to self-sufficiency. This mode of living maintains a quarter of the world's population, but requires a significant amount of diverse skills that may not be fully covered in modern education. This can be a challenging yet rewarding alternative.

Cooperatives

A cooperative is another interesting alternative. These are halfway houses between socialism and capitalism. Workers or customers own the means of production, making them a viable and flexible option. Studies show that cooperative startups have a higher success rate than private ones. Examples include the John Lewis Partnership in the UK. Mutuals and employee partnerships are other forms of this system.

Housewife or Stay-at-Home Parent

Non-traditional roles, such as being a housewife or stay-at-home parent, can also be fulfilling and meaningful. While not typically seen as socialist or capitalist, these roles are valid and can be classified as forms of collectively owned work within a happy household.

Caregiver or Carer

Caregivers or carers can be individuals who provide care for others, potentially earning a salary. This role is another viable alternative for those who find meaning in careers focused on helping others.

Diversity of Economic Systems

There are numerous other social systems and economies around the world. For example, the Muslim world has unique banking systems, social security arrangements, and Sharia laws. Similarly, Buddhists have their own systems and sanctuaries for contemplation and spiritual growth. Each of these systems represents a different way of life, culture, and lifestyle that may not focus on any "-isms."

Conclusion

If you feel that the current world offers too little choice, it may be more accurate to say it offers too much. The key is to look beyond the primary "-isms" and explore the diverse paths available to you. By embracing the opportunities presented by alternative economies, you can find the lifestyle that best fits your values and aspirations.