Which countries are still socialist today?

Critics and supporters often misunderstand what defines an economic system based on public ownership of the means of production

A portrait of former Chinese leader Mao Zedong at Tiananmen Square
A portrait of former Chinese leader Mao Zedong at Tiananmen Square
(Image credit: Andrea Verdelli/Bloomberg via Getty Images)

For decades, the US has viewed “socialism” as a dirty and dangerous word. Right-wing politicians often conjure up caricature visions of Soviet-style gulags or food shortages in authoritarian regimes.

But a new wave of “democratic socialists”, inspired by the likes of veteran Vermont senator Bernie Sanders and the millennial mayor of New York Zohran Mamdani, are challenging this view.

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