Type | Socio-political structure |
Components | Feudalism • Capitalism • Socialism • Meritocracy |
Characteristics | Blend of political and economic principles • Careful balancing of ideological principles • Pragmatic problem-solving • Address complex social issues |
Related concepts | Hybrid regime • Social democracy • Market socialism • Meritocratic capitalism |
Common challenges | Ideological conflicts • Maintaining balance and harmony • Addressing socio-economic disparities • Preventing corruption |
Regions known for incorporating multi-paradigm principles | Scandinavia (Social democracy) • China (Market socialism) • Singapore (Meritocratic capitalism) |