socialist economy


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Related to socialist economy: communist economy
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Synonyms for socialist economy

an economic system based on state ownership of capital

References in periodicals archive ?
OPEC member Venezuela's once-thriving socialist economy has collapsed since the 2014 fall of oil prices.
This situation cannot obtain in a socialist economy, where there are controls for cost of goods and services.
Earlier on Saturday North Korea's KCNA news agency reported with reference to the country's Leader that Pyongyang is halting nuclear tests and joins the global nuclear disarmament process in line with its new strategy to build socialist economy.
sanctions as the bolivar currency plunges to record lows and it struggles with hyperinflation and a collapsing socialist economy. Blockchain experts have warned the petro is unlikely to attract significant investment.
To achieve Xi Jinping's Thought on Socialist Economy with Chinese Characteristics for the New Era will be the key.
That Mr Corbyn's steadfast support for the patrician Tories who want nothing to do with the EU is driven by his belief in a socialist economy for Britain.
In a predominantly socialist economy, there is little competition, and so manufacturers (including, of course, state-run concerns) have little incentive to monitor or improve the quality of their products.
Still, despite the homophobic sentiments behind much of the socialist state's social reform, Stout shows the ways in which queer Cubans draw on and believe in socialist moral discourse, also noting that the provisions of the socialist economy are absolutely necessary for them to get by.
The expansion of private self-employment is one of the principal economic reform strategies implemented by the Cuban government to "update" the country's socialist economy. In spite of being tightly regulated, private self-employment has been tolerated and used cyclically in periods of economic recessions since the 1959 Cuban revolution (Jatar-Hausmann 1999; Perez Villanueva and Vidal Alejandro 2012).
China has markedly reduced social imbalances by presenting a true socialist economy for a large population.
As a socialist and UNITE the Union member, I believe that we need a democratic socialist economy, controlled by the workers and their allies, to ensure prosperity for all.
The author traces the events of the era ruled by Mao Zedong in China, focusing on the decisions made by leaders before him that were not reconsidered and created the structure of the new revolutionary state, which emphasized a Communist Party apparatus that exercised discipline over members or leaders and a socialist economy based on that of the Soviet Union.
Advertising did exist in the socialist economy. The chapter begins with a brief history of Soviet advertising, as that influenced the practices of other Eastern bloc economies.
Libya faces a long road ahead in liberalizing its primarily socialist economy, but the revolution has unleashed previously restrained entrepreneurial activity and increased the potential for the evolution of a more market-based e c o n o m y .
It remains to be seen whether the powerful Cuban state is prepared to allow these businesses to expand and partner with state entities, creating a hybrid market socialist economy that can accelerate growth;
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