Yes, both the USSR and PRC are typical examples of socialism. Public ownership is the principle aspect of both the former USSR’s economy and the PRC’s economy, same with Cuba, Vietnam, etc. Not sure what you’re getting at.
Yes, both the USSR and PRC are typical examples of socialism
Both USSR and PRC are prime examples of bog-standard totalitarian dictatorships. I have no clue where you’re getting the “socialism” bits from. The fact that they said they are? Do you also believe that North Korea is a Democracy, because it’s in their name?
Public ownership is the principle aspect of both the former USSR’s economy and the PRC’s economy
There’s no public ownership in either. In USSR it was “friends of friends” (the people who we now call the Oligarchs) and in PRC you have a “dictator-approved capitalism” with companies being privately owned.
I’ll admit that I don’t know enough about Cuba or Vietnam to discuss them.
Yes, both the USSR and PRC are typical examples of socialism. Public ownership is the principle aspect of both the former USSR’s economy and the PRC’s economy, same with Cuba, Vietnam, etc. Not sure what you’re getting at.
LOL, excellent jokes all around!
Both USSR and PRC are prime examples of bog-standard totalitarian dictatorships. I have no clue where you’re getting the “socialism” bits from. The fact that they said they are? Do you also believe that North Korea is a Democracy, because it’s in their name?
There’s no public ownership in either. In USSR it was “friends of friends” (the people who we now call the Oligarchs) and in PRC you have a “dictator-approved capitalism” with companies being privately owned.
I’ll admit that I don’t know enough about Cuba or Vietnam to discuss them.