The economic system based on plundering of natural resources and forcefully recruiting unwilling participants by states.
Incompatible with environmental responsibility due to its very nature. A system entrenched in exploitation in order to benefit private wealth accumulation.
State-owned resources allow for various factors such as bureaucracy, corruption to creep in.
Followed by the European Union, (EU)- A partnership of convenience which has not worked equally for all partners. In a state of disarray. Formerly recruited members are quitting the union.
China evolved its own hybrid of Capital and Communism which relies on cheap labor and exploitation of resources. Low-quality products have proven to be disastrous to the environment and competition.
ADM challenges the previous systems, focusing on Environment, Efficiency, and Sustainability. Lead by India, Japan, and Norway, is actively recruiting members from Africa, Latin America, GCC and other regions.