Socialist Monarchism

Socialist Monarchism is a social, economic and political system and a variant of Socialism. It is considered a mix between many variants of Socialism, including Authoritarian, Democratic, Ethical and Religious Socialism. The key values of Socialist Monarchism are collectivism, traditionalism and nationalism. This type of Socialism relies on the authority of the Monarch, who shares his powers with the Parlament and the elected Government, who are legaly stronger than him. It's multi-party political system has though regulations preventing small political parties from entering the Parlament and even running on elections, while miniority parties are completely banned. People are encouraged to participate in making decisions on referendums, which usualy decide the dispute between the Monarch and the Parlament.

When it comes to Economy, smaller private businesses are allowed but discouraged by complicated and long bureaucratic processes. The state has monopoly over the final processing of most of the goods, along with natural resources which are also owned by the state. Private property is allowed, but limited. When a citizen reaches the limit of the private property he can own, he can no longer buy but only lease it from the state. In that case the state reserves the right to suspend the agreenment and take it back at any time. Stable economy, social stability, low unimployment and crime rate are common results of Socialist Monarchism.

Currently the only nation in Northernlands that officialy follows this ideology is The Socialist Kingdom of Ordoxia.