Quote:
Originally Posted by Vendzilla
You are wrong,
Read this
http://asianhistory.about.com/od/gov...-Socialism.htm
The socialist market economy is the economic model employed by the People's Republic of China
What I saw there leads me to believe it's a one of a kind place and can't be compared to any other country in the world. We saw a very large chunk of the country, going from Shanghai to Beijing , even spent 425 miles on the River there, stopping every night to visit.
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from your own link
Countries that implemented one or another version of communism in the 20th century include Russia (as the Soviet Union), China, Vietnam, Cambodia, Cuba, and North Korea. In every case, communist dictators rose to power in order to enforce the reordering of the political and economic structure. Today, Russia and Cambodia are no longer communist, China and Vietnam are politically communist but economically capitalist, and Cuba and North Korea continue to practice communism.
Countries with socialist policies, in combination with a capitalist economy and democratic political system, include Sweden, Norway, France, Canada, India and the United Kingdom. In each of these cases, socialism has achieved the moderation of capitalistic drives for profit at any human expense, without disincentivizing work or brutalizing the populace. Socialist policies provide for worker benefits such as vacation time, universal health care, subsidized child-care, etc. without demanding central control of industry.