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.

However, the aspiration of achieving the ends of socialism remains to this day. This Element provides a narrative of a century-long debate that was initiated by Ludwig von Mises in 1920. In so doing, ...

It provides an overview of socialist planning, explains the underlying theory and its limitations ... This book is an ideal text for undergraduate and graduate students taking courses in comparative ...

Capitalism close capitalismAn economic system based on privately owned, as opposed to state-controlled, businesses and the creation of profit. is a social and economic system in which the means ...

On the other hand, capitalists believe that crony capitalism arises from the need for socialist governments to control the economy. Capitalism is an economic system that is defined by control over ...

An economic system that incorporates aspects of socialism and capitalism is known as a mixed economy. Both the public and private sectors have a significant influence on how quickly and in what ...

emphasized that the basic socialist economic system is an important pillar of socialism with Chinese characteristics. Both the public and non-public sectors are essential components of the ...