Capitalism in Illuminatia
Capitalism is a well-tolerated and accepted but heavily-scrutinized, highly-regulated, and controlled element of Illuminatia's economic system.
Contrary to the post-modern-classical era of Earth, capitalism is utilized for its qualities that benefit human welfare, society in general, and the strengthened probability of the long-term survival of human civilization. Illuminatia's economic system is designed in such a way as to circumvent any disadvantages, drawbacks, or negative externalities that might arise from capitalism in practice, which is also contrary to how the economic system was executed on Earth.
Regulation by the Bureau of Commerce and Trade (BCT) in association with the Department of Monetary Policy (DMP) minimizes the potential risks of the interaction of capitalism with Illuminatia's system of finance and trade. Arrangements such as the negative interest rate discourage the most foreseeable problems inherent in prior incarnations of capitalism, such as the accumulation of excess wealth among corporations and the buildup of generational wealth among individuals.
Specific plans for the structure of Illuminatia's economic and financial system upon the outset of Illuminatian settlement and subsequent commercial and industrial development stipulated that capitalism would only be utilized for the benefit of specific elements of it as a system. Limitations on capital accumulation and private property rights would be combined with societal skepticism of the virtue of self-interest at the expense of the collective good. Competitive markets would be valued to the extent that it builds the means of production and improves the collective quality of life in Illuminatia. Government would enforce the absorption of negative externalities by the causative industries rather than the public. The transparency of both government and the mechanics of business and commerce to the mass media would help with societal regulation capitalism in Illuminatia.
In practice, in the private sector, capitalism in Illuminatia, particularly in the first 300 AU of human history upon Neonisi, has been utilized to necessarily rapidly expand productivity, accelerate technological development, and strengthen support for a briskly expanding population.