BrainKing - Discussion boards (Politics)

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Politics

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4. December 2011, 20:56:43

Dark Prince

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Subject: Ayn Rand FOS

There are different definitions for socialism.
some are Marxist, but many are not.
The failure or success of a system in a particular country may have little to do with economic factors.
Other factors may include internal corruption, overpopulation, external pressure such as foreign support of coup attempts and sanctions.
Consider that a poor country may have been poor before adopting its current economic strategy.

The following countries adopted a socialist economic model. I don't see imminent collapse or increased paralysis compared to their previous economic state.
Bangladesh since 1971
Guyana transitioning from capitalism to socialism 1980-96
India since 1947
Portugal since 1974
Sri Lanka since 1978
Tanzania since 1964