A Simple Guide to Every -Ism

From Marxism to Trumpism to Yangism and fascism and more. September 28, 2020 [UNSUBSCRIBE]( | [WEBSITE]( [Altucher Confidential] “From Marxism to Trumpism to Yangism and fascism and more.” [hero image] A Simple Guide to Every -Ism By James Altucher External Advertisement [8 Times More Income Than Stocks!]( Michael S., from Madison, Wisconsin, has made over EIGHT TIMES more than he would get with dividend paying stocks that pay 2% … Steve V. has collected about 18 TIMES more than government bonds pay (a paltry .72%) … and Tom R. reported he had made 26 TIMES more than he could through a five-year CD yielding .5%. Discover their income-exploding secret [HERE.]( People say this is an important election. I've never voted in a presidential election (the only two times I voted were in 1991 and 2004.) When I say the above, many people vote-shame me. "If you don't use your voice then you shouldn't speak, ever!" or "Silence is violence!" That's not true. Silence does not equal violence. There are many things more important than politics. And I use my voice in many ways that I think are more valuable than a vote. Don't be addicted to anger when discussing issues important to you. But, that said, I wanted to really understand the issues. And the best way to do that is to REMOVE THE PERSONALITIES from the equation and focus on the "-ISMS." What are the political philosophies that are out there? And which ones do I believe in and which candidate or party (if any) would best promote philosophies I believe in? And to understand something, you also have to be able to explain it as simply as possible. Too many academic pseudo-intellectuals have tried to explain Marxism or capitalism to me over the years, and the fancier their language got, the more I knew they were wrong. Here are the -ISMs, tweet-sized, one at a time. From Marxism to Trumpism to Yangism and fascism and more. MARXISM Any financial division between an owner (someone who accumulates capital generated from the work of others) and a worker (someone who is paid less than the value he or she creates) results in class struggle and eventual revolution. SOCIALISM A capitalist society (where a worker gets paid less than value created and a boss gets the remainder), but where capital or ownership is later redistributed to "even things up." [ism image] (Who would've thought? Such an easy acronym. I'm only dealing with the political -isms in this article but will also do one on the economic -isms.) CAPITALISM Karl Marx's description of a system where some people do not create value but accumulate capital. This does not exist in real life. When people use the word "capitalism" they mostly don't realize they are referring to Karl Marx's definition of it. INNOVATIONISM The real source of prosperity and societal improvement (including human rights) comes from innovation. Innovation is a response to all prior technologies ever invented to solve a problem. Policies that reduce the friction required to innovate increase a society's prosperity, healthcare, social issues, etc. POLITICAL ERALISM (not "liberal" in the "left" sense) A belief that all should have equal access to opportunity and that all deserve human rights. A belief that "rational" people will vote for their best interests, but that "reasonable" people require many different ideas from rational people, will vote on the ideas, and will abide by the consensus, even if it doesn't go their way. WOKEISM A belief that some should have more access to opportunity than others in order to equal things out based on prior injustices that are now baked into the society. At any given point, the weakest voices (segregated by race or sex or preference or the intersection of these) should have the most access to opportunity. LIBERTARIANISM All should have equal access to opportunity. Decision making needs to be decentralized (individualized or, at least, localized) versus centralized (government-made) since a central body cannot make better decisions for the individual than the individual. OBAMAISM Friendship and consensus leads to prosperity. Even if a decision or policy is bad, if it is made with a group of decision makers, it is still more likely to result in prosperity than a decision that generates hostility among key decision makers. Consensus among nations creates globalism. Some, but not all, historical injustices can be corrected with policy. #1 Futurist George Gilder: “This Reboot Could Make You Rich” [Please Enable Images]( [wealth revolution]( is coming. And it could make you very… very… rich. That’s the latest forecast from the man they call “America’s #1 futurist”… “Wall Street’s most influential technology trader”… and “a true American genius.” How so? “We’re headed for a potential $16.8 trillion reboot,” he says. “Nobody will remain untouched. And a few early investors could walk away with millions.” [Click this link to find out more…]( TRUMPISM A leader makes a limited amount of decisions but makes many decisions unilaterally to avoid "bureaucracy by committee." Also isolationist — prosperity for a country comes from always making the best decisions for your country and ignoring the needs of other countries unless it benefits your group. [trump and obama image] (BFFs forever?) YANGISM Innovation leads to a welcome prosperity but often creates new problems to be solved. Part of the increase in prosperity created by innovation needs to be redistributed to ensure smooth transitions as innovations move faster than new opportunities are created. [James and guest image] (Fun podcast to learn about Yangism.) FASCISM State-controlled capitalism mixed with identity politics. Fascism often is an extreme, nationalist version of socialism (despite what most people think). The National Socialist party in Germany and the Italian Socialist party in Italy ultimately became fascist parties. Any -ISMS I'm missing? Or any clarification on these -isms without degenerating into anger or personal attacks on anyone? I know I am an "innovationist," with a touch of Yangism. Although I love the name of Kanye West's political party: the Birthday Party. If you call a political party "The Birthday Party," you don't need any -isms. And one more thing: "Ism" is a legal word in Scrabble. ANNOUNCEMENTS Check out the "Choose Yourself" Prime series just released on Amazon. [James Altucher video]( AND: Check me out at the Hard Rock Cafe in Miami on October 1 doing standup. Sincerely, [James Altucher] James Altucher College kid turned $3k into rare $25 million with this strategy [Please Enable Images]( he heard about this strange code, he hesitated. But his “geeky” friends convinced him to put $3,000 into it. Over the next three years, that $3k turned into $2.3 million. Another four years later, he was sitting on an extraordinary $25 million fortune. All from what looks like a random 32-digit code. [Click here to see which Big Tech names have just put money into this technology]( Subsribe To My Podcast [The James Altucher Show]( Add james@jamesaltucher.com to your address book: [Whitelist Us]( [The James Altucher Website]( [Subscribe Via Text]( [Subscribe With YouTube]( [Subscribe On Messenger]( [Subscribe With iTunes]( [Connected on LinkedIn]( Join the conversation! Follow me on social media: [Facebook Group]( [Facebook]( [Twitter]( [Pinterest]( [Instagram]( Altucher Confidential is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Choose Yourself Media delivering daily email issues and advertisements. To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here](. 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