Central Authority

Attribute	Socialism	Capitalism	Communism	Fascism	Libertarianism
Factors of production are owned by	Everyone	Individuals/Corporations	Everyone	Government	Individuals
Factors of production are valued for	Usefulness	Profit	Usefulness	State power	Market Forces
Allocation decided by	Community plan	Supply and Demand	Central planning	Central command	Supply and Demand
From each according to their	Ability	Market Value	Capability	State value	Free Choice
To each according to their	Fair Need	Wealth	Need	Loyalty	Relationships
Military derived from	Tax + Volunteers	Tax + Volunteers	Conscription	Conscription	Shared Interest
Corporations are	Private	PLC + Private	State-Owned	Extensions of State	Local Conventions

SCHOOLS OF ECONOMIC THOUGHT