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Summerbreeze45 · 51-55, F
Just curious, what about Venezuela and Cuba?
FootL00se · 51-55, M
@Summerbreeze45 They're still propagating capitalism. Having a closed economy doesn't make the system "communist". Communism would entail abolishment of concepts such as "interest", and propogate shared ownership without maximising on capital.
Cuba, Venezuela are systems which are termed as "Bureaucratic Capitalism". Where the State essentially wants to gain capital for its own means, and expand.
Cuba, Venezuela are systems which are termed as "Bureaucratic Capitalism". Where the State essentially wants to gain capital for its own means, and expand.