A form of government most popularly known due to Hitler's rise to power in Germany, often known as Nazism and linked to Fascism. Incorrectly linked with the far right wing, National Socialism's economic theories are to the left of center, as are its social policies. National Socialism has government run health care, strict gun control laws, and high taxation.
The race based social structure of National Socialism is also very reminiscent of left wing politics, though in an opposite direction. While National Socialism believes in forcefully taking away from minorities and giving to the majority, the left wing today believes in forcefully taking from the majority and giving to the minorities. Such can be seen with affirmative action. The right wing, on the other hand, believes that the government should have a colour blind view, and not to use race in any way legally.
National Socialism uses the government to direct the economy. While an individual owns property and can own their own business, the government decides who owns what property and what a business is doing based on racial views and economic needs. If you want to produce pet food, but the economy needs more copper pots (as far as the government is concerned), you have no choice but to open a factory making copper pots. If one day the government decides there are too many copper pots and not enough people opening businesses in other sectors, they may very well force you to change your production line from copper pots to guns or rail cars.
Nazi Germany is the most prominent example of national socialism.
Prices shown in USD.
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