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Sociocracy is a theory of governance that seeks to create psychologically safe environments and productive organizations. It draws on the use of consent , rather than majority voting , in discussion and decision-making by people who have a shared goal or work process .
Libertarian socialism strives for a free and equal society, [1] aiming to transform work and everyday life. [2] Broadly defined, libertarian socialism encapsulates any political ideology that favours workers' control of the means of production and the replacement of capitalism with a system of cooperative economics, [3] [4] or common ownership. [5]
[36] to mean a society ruled by a scientific government, i.e., one whose sovereignty rests upon reason, rather than sheer will. [37] Although the term socialism has come to mean specifically a combination of political and economic science, it is also applicable to a broader area of science encompassing what is now considered sociology and the ...
Characterised by its loose definition and ideological diversity, [32] social anarchism has lent itself to syncretism, both drawing from and influencing other ideological critiques of oppression, [33] and giving way to a number of different anarchist schools of thought. [34]
Types of democracy refers to the various governance structures that embody the principles of democracy ("rule by the people") in some way. Democracy is frequently applied to governments (ranging from local to global), but may also be applied to other constructs like workplaces, families, community associations, and so forth.
Benefits are often contrasted to simple command hierarchy arrangements in which "the boss" can hire anyone and fire anyone, and takes absolute and total responsibility for their own well-being and also all that occurs "under" them. The command hierarchy is a preferred management style followed in many companies for its simplicity, speed and low ...
Simple interest vs. compound interest Simple interest refers to the interest you earn on your principal balance only. Let's say you invest $10,000 into an account that pays 3% in simple interest.
The political scientist Lyman Tower Sargent offers a similar definition based on the practice of social democracy in Europe: Democratic socialism can be characterised as follows: Much property held by the public through a democratically elected government, including most major industries, utilities, and transportation systems