You really only see purely capitalist or purely
socialist economies in text books.
The failure of
socialist economy in Eastern Europe should not hinder Christians from looking for an alternative to the prevailing world economic system.
Not exact matches
party despite having served as minister of the
economy in the
socialist government between 2014 and 2016, made headlines for reasons other than his political acumen.
Venezuela's oil production plunged last year to the lowest
in decades as Maduro's
socialist government contended with quadruple - digit inflation, a contracting
economy and social unrest.
At the same time, Ludwig von Mises published an article
in 1920 called «Economic Calculation
in the
Socialist Society» and a 1922 book, Socialism: An Economic and Sociological Analysis, arguing that comprehensive central planning of the
economy would be disastrous because central planners lacked market prices and market institutions to inform their actions, hence they would waste resources on a vast and even fatal scale.
The former calls into service two time - tested claims of capitalism's defenders: (1) that the free market yields greater efficiency and productivity than
socialist economies, and (2) that it results
in greater freedom.
The toll of industrial accidents, according to the state statistics of China, amounted 20,000
in 1994 and the majority of these tragic cases happened
in the coastal regions where foreign investments were concentrated under the
socialist market
economy.
It has been marked by a huge resurgence of the power and efficacy of the capitalist market system and a corresponding collapse of confidence
in the capacity of
socialist «command
economies.»
And they do permit many of the efficiencies of free enterprise
in large sectors of the
economy and so tend to have a better standard of living than comparable countries which are full
socialist.
The people can not participate meaningfully
in the planning, production and distribution of their political
economy, whether it is capitalist or
socialist.
In this particular instance it is not very difficult to imagine scenarios in the not - too - distant future in which there might occur resurgences of socialist policies and ideals: the failure of neo-capitalist regimes in developing societies and / or the formerly Communist countries in Europe to achieve economic take - off; the insight granted to sundry dictators and despots that, while socialism invariably immiserates the masses, it is a very good recipe for enriching those who claim to hold power as the vanguard of the masses; the «creeping socialism» (still an aptly descriptive term) brought on by massive government intervention in the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russi
In this particular instance it is not very difficult to imagine scenarios
in the not - too - distant future in which there might occur resurgences of socialist policies and ideals: the failure of neo-capitalist regimes in developing societies and / or the formerly Communist countries in Europe to achieve economic take - off; the insight granted to sundry dictators and despots that, while socialism invariably immiserates the masses, it is a very good recipe for enriching those who claim to hold power as the vanguard of the masses; the «creeping socialism» (still an aptly descriptive term) brought on by massive government intervention in the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russi
in the not - too - distant future
in which there might occur resurgences of socialist policies and ideals: the failure of neo-capitalist regimes in developing societies and / or the formerly Communist countries in Europe to achieve economic take - off; the insight granted to sundry dictators and despots that, while socialism invariably immiserates the masses, it is a very good recipe for enriching those who claim to hold power as the vanguard of the masses; the «creeping socialism» (still an aptly descriptive term) brought on by massive government intervention in the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russi
in which there might occur resurgences of
socialist policies and ideals: the failure of neo-capitalist regimes
in developing societies and / or the formerly Communist countries in Europe to achieve economic take - off; the insight granted to sundry dictators and despots that, while socialism invariably immiserates the masses, it is a very good recipe for enriching those who claim to hold power as the vanguard of the masses; the «creeping socialism» (still an aptly descriptive term) brought on by massive government intervention in the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russi
in developing societies and / or the formerly Communist countries
in Europe to achieve economic take - off; the insight granted to sundry dictators and despots that, while socialism invariably immiserates the masses, it is a very good recipe for enriching those who claim to hold power as the vanguard of the masses; the «creeping socialism» (still an aptly descriptive term) brought on by massive government intervention in the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russi
in Europe to achieve economic take - off; the insight granted to sundry dictators and despots that, while socialism invariably immiserates the masses, it is a very good recipe for enriching those who claim to hold power as the vanguard of the masses; the «creeping socialism» (still an aptly descriptive term) brought on by massive government intervention
in the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russi
in the
economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russi
in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting,
in a number of countries, beginning with Russi
in a number of countries, beginning with Russia.
But, save one notable exception, the policy prescriptions made by the bishops are either accepted uncritically or criticized for not going far enough
in suggesting redistributive plans for alleviating poverty (at least two contributors explicitly advocate a
socialist economy).
Even if women are done with middle aged men, they still need them to be doing the lion shares of the work
in the
economy and pay the taxes to fund the government
socialist programs that benefit women at the expense of men.
An important point to note is that the concept of a country is fairly new; I have read, and agree, that modern states did not become such an important unit of human organization until the Great Depression
in the 1930s; at that time the problems facing them - broken
economies and
socialist movements - the country level government was the only organization existing that could solve these problems while the existing power structure stayed
in power.
How is Europe going to achieve a 1.5 % of GDP stimulus package when of the big EU
economies only Gordon Brown's Labour and the
Socialists under Zapatero
in Spain are investing more than 1 % of GDP
in growth?
Interesting bit of history - when the
socialist economy of the USSR started crumbling
in the 80's, the first private enterprises allowed were so called «cooperatives» - which
in fact were limited private companies.
The reasons can be summarized
in the following: - > Harsh economic environment of pre-Revolutionary Russia - > Imperialistic Intervention - > Tough international environment during
socialist construction (WWI, WWII)- > Opportunistic transformation of the Communist Party (Adoption of capitalistic methods
in economy, less power to the soviets, etc..)
However, the Inca Empire (15th - 16th century CE), which never had anything approaching an elected legislature, had an economic system which was centrally planned (a common feature of
economies laying claim to the name «
socialist»), and
in some respects recognizably redistributive.
[5] Lane Kenworthy, professor of sociology at the University of California at San Diego, has stated that Sanders is a social democrat and not a democratic
socialist -LSB-...] Mike Konczal, an economic policy expert at the Roosevelt Institute, also characterizes Sanders» positions as «social democracy» rather than «
socialist», noting that social democracy means support for a mixed
economy combining private enterprise with government spending, social insurance programs, Keynesian macroeconomic policies, and democratic participation
in government and the workplace - all of which are a part of Sanders» platform.
Note that while Fascists command
in the economic sphere they generally aren't responsible for outcomes while
socialists own the
economy full stop.
In all countries that adopted
socialist planned state
economy, the formation of a class or ruling elite, linked to the State, which held greater social privileges was observed.
The market
economy or capitalism, as it is commonly called, and the
socialist economy are mutually exclusive because, at first, capitalists are holders of the means of production and
in the second, the means of production belong to the State.
I understand Obamacare is important to your FI lifestyle, but
in all candor Obamacare is detrimental to the
economy, and furthermore like most
socialist schemes disincentizes productivity & success While your premiums go down, mine, and those who make more income than can qualify for subsidies are going up.
FOMD's colleagues
in IBM's North American Research Divisions are migrating en masse to European and Chinese laboratories... from less -
socialist to more -
socialist economies.
FOMD commented «FOMD's colleagues
in IBM's North American Research Divisions are migrating en masse to European and Chinese laboratories... from less -
socialist to more -
socialist economies.
Even the heart of communism — the UK House of Lords — and
Socialist Europe, and absolutist China embrace Capitalism to fix the gaps
in their deplorably mismanaged
economies.
Socialist and Communist countries are often the worst
in this regard, so increasing the role of the state
in their
economies may result
in particularly bad problems with environmental issues.
Economic problems
in Venezuela, which began due to the fall of oil prices and the
socialist economy put
in place by former President Hugo Chavez, have caused protests to emerge all over the country.
Oh, Wall Street, Bankers, Hedge Funds, and the deregulation of the financial industry wrecked the Western
Economies's, particularly
in those countries
in Europe that don't want to build things (all countries
in Europe not called Germany, you know the trade union, single payer
socialist country).
Canada is «not» a capitalist country
in the purest sense of the word; it is a mixed
economy of partial capitalism and partial central government control; it is a quasi capitalist - quasi
socialist country, politically speaking.