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-1 votes
2 answers
318 views

Which countries have the highest number of state owned enterprises after China?

The state sector has always been an important element of many economies, including the most advanced ones. There are legitimate economic and non-economic reasons for state ownership and views on the ...
Sayaman's user avatar
  • 45.4k
-4 votes
8 answers
1k views

Is this communist-like economic ideology already a thing?

Everyone knows what communism is, and generally in the real world it doesn’t work out for the people. Communism has many flaws and after a long while of thinking how these flaws can be fixed it became ...
HomegrownPotatoes's user avatar
21 votes
4 answers
8k views

Confused about the term 'Bourgeoisie'!

Bourgeoisie is defined by, the middle class, typically with reference to its perceived materialistic values or conventional attitudes As refer to Google define, Here, I see it actually means the ...
Sazzad Hissain Khan's user avatar
51 votes
4 answers
19k views

Why has Venezuela's economy collapsed when Cuba's has not?

Cuba and Venezuela seem to share a lot in common. Both are effectively Socialist dictatorships. Cuba's government has been Communist for many years, while Venezuela has been socialist for much less. ...
user avatar
1 vote
1 answer
344 views

Corruption, efficiency and economic success of the Chinese government

Chinese Government is accused of massive corruption, some critics say that the censorship does not allow the revelation of corruption in China. How did the Communist Party of China from 1976 onwards ...
Porcupine's user avatar
  • 646
14 votes
5 answers
2k views

Is the economics theory of Karl Marx regarding technological progress realistic to the end?

Marx claimed that the introduction of more and more advanced machinery would lead to unemployment of workers, which decreases the ability of the society to buy things, which is a vicious cycle. ...
Ma Joad's user avatar
  • 249
23 votes
6 answers
32k views

Does currency exist in communism?

I've thought about this before, but never heard any explanation as to how this works. My understanding of communism is: Everyone works. Everything is rationed out equally. Since there is no ...
Justin Beagley's user avatar
28 votes
8 answers
4k views

Is China really Communist?

Having read Karl Marx, and seeing the 10 tenets of Communism, I find it hard to consider China as a Communist country. Just trying to stick to the 10 tenets. Abolition of private property, ...
Justin Beagley's user avatar
3 votes
2 answers
709 views

Is there an equivalent of the horseshoe theory for economic systems stating that monopolized capitalism = communism?

The horseshoe theory states that societies organised by the extreme right and the extreme left would look alike. It is also applied to various other opposed groups (religious, nationalists, ...). Is ...
user5751924's user avatar
  • 3,361
15 votes
7 answers
2k views

Why hasn't North Korea adopted a market economy?

Both China and Vietnam, communist countries in the same region as North Korea, allowed a market economy after a while. By contrast, my understanding is that North Korea has dabbled in a market economy ...
Golden Cuy's user avatar
  • 13.5k
1 vote
1 answer
802 views

Would you explain 'development from bourgeois oppression'?

In Marxism, the concept of class struggle plays a central role in understanding society's inevitable development from bourgeois oppression under capitalism to a socialist and ultimately classless ...
user avatar
8 votes
1 answer
196 views

What was the official explanation of the Laotian "new economic mechanism"?

In 1986, the communist government of Laos introduced several economic reforms, which were clearly in discord with what is generally understood to be the communist ideology. I would be interested to ...
ymar's user avatar
  • 1,647