Sentences with phrase «economy under state control»

Not exact matches

I suspect he refers to the accounts of the failures of economies directed by state elites under the banner of «collective decision making» and «workers democracy», because all the literature on REAL workers» control shows it increases efficiency and, of course, freedom — it eliminates wage slavery.

China has been trying to get its unruly financial sector under control, worried that asset bubbles and its enormous unofficial — or «shadow» — banking system could threaten its economy, the world's second largest after the United States».

It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.

As background prep we did an exercise on the state of germany in 1871 after unification, then had a discussion of what type of constitution would be necessary, thinking about key areas of policy such as the economy, control of the military, social measures (education / health), etc and deciding whether these should be under national or regional control.

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