Ultra-liberal and financial capitalism, too often guided by the short term and greed of a few, is coming to an end

Emmanuel Macron, 31 December 2018

According to Wikipedia, an Economic System a system of production, resource allocation and distribution of goods and services within a society or a given geographic area. There is different type of Economic System : Capitalism, Mixed economy and Socialist economy.

Nowadays, our Economic sytem is mainly a capitalism one. A capitalism system is based on the principles of private ownership of the means of production, the freedom to undertake, the pursuit of profit, the accumulation of capital and on the wage-worker.