https://www.superphysics.org/social/supersociology/principles/part-5/chapter-08/section-02/ Recent content in Trader Philosophies on Superphysics Hugo en Tue, 20 Jan 2026 00:00:00 +0000 https://www.superphysics.org/social/supersociology/principles/part-5/chapter-08/section-02/unit-01/ Tue, 20 Jan 2026 00:00:00 +0000 https://www.superphysics.org/social/supersociology/principles/part-5/chapter-08/section-02/unit-01/ <p><strong>Mercantilism</strong> was the dominant economic theory and practice in Europe from the 16th to the 18th centuries.</p> <p>Its core goal was to increase a nation’s wealth and power by controlling trade, accumulating precious metals, and maintaining a favorable balance of trade.</p> https://www.superphysics.org/social/supersociology/principles/part-5/chapter-08/section-02/unit-02/ Tue, 20 Jan 2026 00:00:00 +0000 https://www.superphysics.org/social/supersociology/principles/part-5/chapter-08/section-02/unit-02/ <h2 id="the-symbiosis-of-capitalism-liberalism-and-neoclassical-economics">The Symbiosis of Capitalism, Liberalism, and Neoclassical Economics</h2> <p>We defined Capitalism as an economic system that uses outside ownership to amass private profits.</p> <p>This requires:</p> <ul> <li>private ownership</li> <li>free markets to allow trading of ownership</li> <li>the pursuit of profit</li> </ul> <p>Private ownership naturally begins with civilization.</p> https://www.superphysics.org/social/supersociology/principles/part-5/chapter-08/section-02/unit-03/ Thu, 02 Jan 2025 00:00:00 +0000 https://www.superphysics.org/social/supersociology/principles/part-5/chapter-08/section-02/unit-03/ <h2 id="oligarchy">Oligarchy</h2> <p>In Socrates&rsquo; Law of Social Cycles, the Oligarchy follows after the Aristocratic cycle.</p> <p>Contrary to popular belief, Oligarchy is the rule by money, not the rule by a few. This is because the aristocratic cycle is also ruled by a few people.</p>