China’s announcement on January 17th that its economy had grown by an estimated 5% in 2024, right on target, was greeted with ...
Are extreme economic systems pointless, or do they hold hidden truths? From communal living to unbridled capitalism, we take a closer look at the theories that have shaped economies worldwide.
A full understanding of China’s economic downturn requires an understanding of its growth model as well as its politics.
Regimes calling themselves Communist installed a bewildering variety of economic and social systems and constantly attacked one another for all kinds of ideological deviations; one party's Marxist ...
The shrinking population of the People’s Republic, which telegraphs future weakness, undermines Beijing’s global ambitions.
The communist government owned the country's diverse economic assets, controlled the labor force and allocated all resources. It was a command economic system. After the collapse of the Soviet ...
Communism in 60 seconds Communism is a political and economic ideology that stands ... all property and wealth are communally owned, and the class system disappears. “The state owns the major ...