Countries that are still socialist today

Debate over the pros and cons of the centuries-old economic system has seen its definition get lost in translation

Is socialism an effective or desirable way of running a sovereign nation? It’s a question that provokes impassioned debate, but arguments over the advantages and drawbacks of theory are often complicated by an inability or unwillingness on the part of the participants to understand the true meaning of the term.

Last month, President Donald Trump became the latest in a long line of US politicians to declare that “America will never be a socialist country”, a term often used by the right wing to conjure up a caricatured vision of socialism defined either by Soviet-style gulags and brutal authoritarianism, or Venezuela-style shortages and social breakdown.

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