Viktor
Diamond Member
https://www.hoover.org/research/sociali ... led-period
The authors reviewed numerous nations that tried socialism or Communism. Socialism is an economic system, while Communist is the name of a political party.
The only 3 nations that still have Communism/socialism are North Korea, Venezuela and Cuba.
Socialism sounds good in theory, but it does not work in the real world.
Many nations have a welfare state, but that is not socialism because they still allow private ownership of industry and stores.
The authors reviewed numerous nations that tried socialism or Communism. Socialism is an economic system, while Communist is the name of a political party.
The only 3 nations that still have Communism/socialism are North Korea, Venezuela and Cuba.
Socialism sounds good in theory, but it does not work in the real world.
Many nations have a welfare state, but that is not socialism because they still allow private ownership of industry and stores.