Explaining economics

Is the bank officially part of the state?

Let me get thos straight? You seriously think the definition of capitalism is: the party owning all the money, making all the rules & handing out money as they see fit?

What's the name of the economic system when the party owns all the money, makes all the rules and hands out money as thet see fit?

The thing about pure capitalism is that it allows mega monopolies to form, which without government control, in essence become the state

That's why you'll never find "pure capitalism" it doesn't last unless everyone works in their own best interest. Except that won't happen so you gotta have some Government interference.

Finally! The bomb worked!

I don’t think that Venn Diagram is accurate — it’s simplifying a lot.

But even on the diagram’s own terms, “Slothism” ought to be ranked higher vertically, closer to capitalism, because my system *does* incorporate wealth inequality, incentives, and competition.

Specifically, Presidents get paid at 5x the rate of a normal citizen. VP & HOC: 3.5x. And so on and so on.

This tiered system is intended to approximate how hard people *should be* working at their jobs. McKennzo whom you referenced is a bit of an outlier — a Congressmember who pretty much only shows up here to vote. You could argue he’s being overpaid. However, I can’t delve into subtleties like that for purposes of administering this system. It’d be too burdensome. In practical terms he’s probably not even going to use his salary.

Anyway. Bottom-line, the salary tier system incentivizes competing for votes — isn’t that what this roleplay is about?

The DMV/Bank competitions, awards, and the ImgflipShop also incentivize creating content apart from the salaries. You won a DMV competition and got paid $100, making you currently as wealthy as a Cabinet member. With your memeing skills you could find plenty of other ways to hustle up the financial chain even if RUP hates you.

The "party" or state starting with all the money isn't capitalism. Full stop.