Economy?
Answer:
We live in realism so far as the World economy is concerned because the World economy has all the components co-existing in different countries: mercantalism economy nationalism, or economy libersalism, or marxism/ historical structure
But the US economy is largely one of economy/ economic liberalism or as close as it cam be because the US citizens have the maximum extent of freedom in choosing what to consume and where to buy from around the World, capital and goods and services move within and cross border with the least restriction, largest proportion of immigration population, free choice of occupation to US citizens, free exit and entry in most industries. Marxim historical structure is now only in history books. Economic nationalism is considered foolishness by consumers across the advanced world.
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