The Vosem Chart

In an earlier article, the subject of the Vosem Cube was briefly mentioned as an attempt to deal with an economic axis that failed to sufficiently differentiate between mercantilism and socialism with respect to economic liberty. While both systems are a diminishment of economic liberty they are so in different ways to the point where it is difficult to get a more accurate measure of economic liberty. This is compounded by the deliberate refusal of those with a more socialist mindset to differentiate between mercantilism and capitalism.

Name "Vosem" for the Russian word for "eight" because a cube has eight sides, this chart has one civil liberty axis identical to the civil liberty of the Nolan Chart. It has two economic axes which the author labels as "Fiscal" and "Corporate".

The Fiscal axis is clearly the spectrum that runs from socialist to capitalist, whether or not the government should redistribute wealth or directly control certain industries (the two separate definitions of socialist will be discussed in a later article). It is on the Corporate axis where things get muddled.

CORPORATE
CLASS 1: People who are in the first camp on this final dichotomy are, all around, pro-corporate. The way they see it, corporations should be treated and protected with the same rights as individuals. They want businesses to have the power to hire and discriminate against whom they want -- if an employer doesn't want an immigrant or a member of an ethnic minority working for him, he shouldn't be required by hire any people in that group, even if they are indisputably qualified. They also want everyone's business to be protected by private property rights -- the owner paid to keep the space and he can insist in anyone he wants leaving the business, including using the police to enforce this wish. Anyone walking on a business' premises against the wishes of the owner is viewed as trespassing. They oppose the right of people to strike or otherwise rebel against a business, and will favor laws that allow a corporate head to have his employees arrested for striking. They can be very strongly anti-union and view management as knowing best. Corporate monopolies are just seen as part of the game. As they see it, pure freedom of the market will take care of any injustices or inequities, and will promise diversity and creativity. If something done by a business is unethical and/or harmful, people will make the right choice by choosing another business, thereby regulating themselves. They trust the patron public will know and decide what is right. Some even support reversing government restrictions on dishonestly mislabeling or misrepresenting your advertised product. They are not quite as concerned with or offended by Enron/WorldCom type corporate dishonesty as their opponents. Strongly pro-copyright, they favor punishing Napster and want to hunt down other music site offenders on the Internet. Characteristic catchwords: it's their business, free enterprise, the magic of the market, property rights, intellectual property violator.

CLASS 2: Someone in the second camp opposes corporate power and rule of the business over the individual. They believe that a corporation is not a person and cannot be a person, and therefore does not deserve the same rights as a person. Businesses are viewed as a form of authority, akin to government authority, that can be oppressive. The major heads behind huge corporations, furthermore, are viewed as greedy rich folks who will do anything to make even more and keep the oil flowing to them. Many of these people are anti-WTO, anti-IMF, etc. If you see someone engaged in a protest against "corporate goons", taking it to the streets like the Seattle protestors of 1999, they no doubt belong to this camp. They consider discriminatory or otherwise unethical behavior by a business owner or manager completely inexcusable. They consider it unacceptable to have to watch anyone -- even one person -- be legally hurt by a business' practices in order to get people to finally bring the business down with their own boycott. They do not trust the common people alone to be able to drive every and any immoral business into the ground with their purchasing choices. They fail to see any flourishing of diversity or creativity of products due to the market; rather, they view increasingly richer cannibal companies as having homogenized the market and given us too few different companies and too few products. The overwhelming power of a few names over radio stations has likewise ruined the diversity of music. Some even turn to Internet file-sharing. They are opposed to the concept of "intellectual property". Characteristic catchwords: corporate greed, people before profits, Naderism, sell-out, monolithic corporate culture, pigs, Micro$oft.

This is problematic because on the whole it fails to place those who subscribe to Austrian Economics. On the whole Austrians would be on the pro-corporate side, but certainly do not believe that striking workers should be penalized. This should be analyzed by looking at it through the capitalist versus mercantilist question.

In that perspective, a new result is given.

CLASS 1: Someone in the second camp opposes any government protection or favoritism of corporations. They believe in a free market, and if a corporation cannot survive it deserves to fail. The major heads behind huge corporations are viewed as too intimately involved in government. Many of these people are anti-WTO, anti-IMF, etc on the grounds that a "free trade organization" is a contradiction of terms. They also oppose regulation of businesses beyond dishonesty to be a restriction on the right of people to do business. While Enron is looked down on for their unethical practices, Michael Milken is looked as heroes of free enterprise and examples of unjust government interference in economics. Characteristic catchwords: Free enterprise, corporate welfare, REAL free trade

CLASS 2a: People who are in the first camp on this final dichotomy are, all around, pro-corporate. The way they see it, corporations should be treated and protected with the same rights as individuals. They want everyone's business to be protected by private property rights -- the owner paid to keep the space and he can insist in anyone he wants leaving the business, including using the police to enforce this wish. Anyone walking on a business' premises against the wishes of the owner is viewed as trespassing. They oppose the right of people to strike or otherwise rebel against a business, and will favor laws that allow a corporate head to have his employees arrested for striking. They can be very strongly anti-union and view management as knowing best. Corporate monopolies are just seen as part of the game. They support protective tariffs to keep out foreign competition or import quotas to protect domestic industries. They also support subsidies from the government to businesses on the grounds that it helps domestic corporations, especially against countries where governments support their corporations. Some even support reversing government restrictions on dishonestly mislabeling or misrepresenting your advertised product. They are not quite as concerned with or offended by Enron/WorldCom type corporate dishonesty as their opponents. Strongly pro-copyright, they favor punishing Napster and want to hunt down other music site offenders on the Internet. Characteristic catchwords: dumping, domestic industry, what’s good for GM is good for America, intellectual property violator.

CLASS 2b: Someone in the second camp opposes corporate power and rule of the business over the individual. They believe that a corporation is not a person and cannot be a person, and therefore does not deserve the same rights as a person. Businesses are viewed as a form of authority, akin to government authority, that can be oppressive. The major heads behind huge corporations, furthermore, are viewed as greedy rich folks who will do anything to make even more and keep the oil flowing to them. Many of these people are anti-WTO, anti-IMF, etc. If you see someone engaged in a protest against "corporate goons", taking it to the streets like the Seattle protestors of 1999, they no doubt belong to this camp. They consider discriminatory or otherwise unethical behavior by a business owner or manager completely inexcusable. They consider it unacceptable to have to watch anyone -- even one person -- be legally hurt by a business' practices in order to get people to finally bring the business down with their own boycott. They do not trust the common people alone to be able to drive every and any immoral business into the ground with their purchasing choices. They fail to see any flourishing of diversity or creativity of products due to the market; rather, they view increasingly richer cannibal companies as having homogenized the market and given us too few different companies and too few products. The overwhelming power of a few names over radio stations has likewise ruined the diversity of music. Some even turn to Internet file-sharing. They are opposed to the concept of "intellectual property". Characteristic catchwords: corporate greed, people before profits, Naderism, sell-out, monolithic corporate culture, pigs, Micro$oft.

The drawback is that this still splits the mercantilist axis. The problem is with Class 2b, which doesn’t really belong in this axis but needs to fit in somewhere. The problem is to find a location for it.

On the other hand, perhaps libertarians are 1a, the anti-corporates are 1b, and the mercantilists are 2.