RESULT:
Early 21st century Earth operated according to multiple economic systems that varied by nation. As at the early 2020s, approximately 82% of the global population and 82% of global economic activity occurred with in a range of primarily capitalist economic systems, ranging from neoliberal capitalist to mixed market capitalist models modified by varying degrees of socialist state intervention. The remaining approximately 18% was subject to a centrally planned, mixed socialist market economy model.
The dominant economic system within the Federation at the current time can be characterised as a predominantly post-scarcity and post-growth, centrally planned needs-based allocative system that allows for limited levels of private ownership and market activity. The closest comparison to early 21st century Earth models would be democratic socialism, however some key differences exist.