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.

Commerce is based on the principles of capitalism, but there are few, if any, examples of pure capitalism, except in theory.

They contend that free-market capitalism is the fairest economic system ... and assess democratic socialism. Socialism is an economic-political system in which the “good” of the collective is more ...

Overnight American conservatives have gone from “socialism can't work, communism can't work" to “watch out–the Chinese ...

Economically speaking, in a socialist system the state owns some common property or means of production. A purely socialist state would own and operate all the means of production. Currently no nation ...

Does America have elements of socialism, despite the frequent insistence that it is a capitalist and free-market society? In many presidential election cycles, candidates debate economic policies ...

However, it blends aspects of capitalism and socialism to generate ... adjusting to evolving circumstances. A system that blends aspects of a market economy and a command economy is known as ...