Capitalism Versus Socialism: A Few Country Studies
This chapter explains the economic performance of the Soviet Union and the reasons for its disintegration. It also seeks to explain China’s economic performance and assess whether it has deviated from the socialist path. It also discusses the economic performance of Cuba and the prospect of its survival as a socialist state. It identifies the inevitable hostility of the vastly more powerful capitalist powers as the sole factor that has led to the collapse of the Soviet Union, aberrations in the People’s Republic of China and uncertainty regarding the prospect of survival of Cuba as a socialist state.
KeywordsSoviet Union China Cuba Socialism
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