Making Money Real

Property	Communism	Socialism	Mahinism	Capitalism
Basic philosophy	Government does not exist (the state will “wither away”). Cooperation replaces government. “From each according to abilities, to each according to needs.”   Ownership is removed.	Government has priority and is trusted. Cooperation Democracy is desired but inconvenient to the owning class.     Taxation & wealth transfer stop the owning class from establishing plutocracy or oligarchy.	Government has priority and is trusted. Cooperation   Democracy is desired and protected by money that is subject to the laws of thermo-dynamics. Ownership cannot be a source of money.	Government is secondary to individuals and is distrusted. Competition. Democracy is desired but inconvenient to the owning class. The owning class can establish a plutocracy and always does.
Money	Communism asserts that no money is required.	Money is required and it is “an idea.”   Money is created as debt with interest (usually by bankers).	Money is required and represents work controlled by the society. Money is created by the state with built-in demurrage and loaned without interest.	Money is required and it is “an idea.”   Money is created as debt with interest by bankers.
Payment for work (risk of wage slavery)	Depends on the state, with differentials for productivity and social supports for those who cannot work.	Depends on private negotiation or public wage settlements for industry sectors. Social support for those who cannot work.	Depends on the state, with differentials for skill and productivity. Social support for those who cannot work, plus a UBI.	Depends on private negotiations between the worker and employer. Social supports are minimized so that wages can be suppressed and workers forced to take jobs.
Market vs state control (risk of market failure or autocracy)	Centrally planned economy. Black market with scarcity pricing.	Essential portions of the economy are controlled by the state (Health, Education, Energy). A free market with scarcity pricing.	Essential portions of the economy are controlled by the state (Health, Education, Energy).  A free market limited to cost pricing is established.	Market domination of all sectors of the economy. A “free” market with scarcity pricing and potential monopolies.
Consumption of the environment	Driven by a politically motivated need to grow.	Driven by profit motive & protected by government regulation. Resources are rationed by wealth. Growth is a sacrament.	Driven by necessity. Protected by regulations, the reduced need to grow, and the lack of profit through exploitation. Resources NOT rationed by wealth.	Driven by the profit motive. Protection by government regulation is resisted. Resources are rationed by wealth. Growth is a sacrament.
Ownership of and profit from economic resources	State (public) ownership & profits.	Mixture of public & private ownership & profits.	Mixture of public & private ownership. ONLY public profit is permitted.	Private ownership & profit.
Class	Class is abolished. The ability to earn more than other workers is reduced.	Classes exist but differences are diminished. Inequality is bad but is still based on ownership.	The owning class is abolished. Inequality due to effort, skill, and talent (but not ownership) is good.	The owning class is dominant, controls everything, and runs the government. Inequality is good & based on ownership.
Public information	Controlled and funded by the state. Fully censored. No way of knowing what is true or not.	Privately owned media & advertiser funding.   Some social censorship. Some public funding for media. No way of knowing what is true or not.	State vouchers for full subscription services with almost no censorship and little advertising.     ALL media is labeled to indicate the degree with which it promotes fact vs fiction.	Privately owned & advertiser-funded media.   Some social censorship. Scarce public funding for media. A myth of merit-based class distinction is promoted. No way of knowing what is true or not.
Taxes	No money, so no taxes. (This has not been seen in the real world.)	Consumption and all forms of work based income are taxed. (Heavy taxes vs capitalism). Wealth-transfer is normal. Vice taxes (alcohol, cigarettes, weed) are used to discourage self-destructive behavior. The state is funded by taxes & debt.	Vice taxes (alcohol, cigarettes, weed) are used to discourage self-destructive behavior. Ownership Income taxed at 100%. Wealth transfer is not required. The state is the source of money and does NOT need taxes to fund itself.	Consumption, income and all forms of work-based income are taxed, and taxed more than capital gains. Wealth transfer is regarded as evil. Vice taxes (alcohol, cigarettes, weed) are used to discourage self-destructive behavior. The state is funded by taxes & debt.
Distribution of economic production	Production is distributed to the people at no charge.	Production is priced according to scarcity and distributed according to wealth, with social support for the poorest.	Production is priced according to cost, and access during scarcity is managed by the society; it is not rationed by wealth.	Production is priced according to scarcity and distributed according to wealth with minimal social support.