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"socialist" tag
china-economy-marketexpress-in

China: Is its ‘socialist market economy’ era over?

Three decades after China enshrined the goal of a “socialist market economy” in its constitution, the era of “reform and opening up” appears to have ended, say experts. Thirty years ago, on March 29, 1993, China formally...

socialist-governments-capitalist-marketexpress-in

Socialist for modern times

Socialism had its golden age after World War II. Taxes in the belligerent countries had gone sky-high during the War; people had got used to paying high income taxes. Governments had no use for the...