Socialism is an economic-political system in which the “good” of the collective is more important than the “good” of the individual. Socialists argue that this is the best way to organize society ...

RELATED: Fellow Millenials: Don’t Be Deceived by Democratic Socialism Moreover, under any economic system, those costs are either going to be paid or there are not going to be any colleges.

A social security system, suited to China’s situation, for both rural and urban residents shall be worked out so as to promote overall economic development and ensure social stability.

Now China has transformed its planned economy system into an initial socialist market economy system. As a result the regulatory function of the market has been strengthened tremendously.

Are pure capitalism and true communism just extreme ideas that could never actually work? While many countries claim to follow capitalist or socialist models, the truth is no modern economy fully ...

The evidence has been conclusive from time immemorial. Economic systems flourish with private incentives that gratify the ...

The Cuban regime has once again expressed its intention to implement "structural changes" within the nation's economy, ...

The man who launched the Economic Blackout said he is "trying to cause economic resistance, against the corporations and politicians, to stand for the people." ...