power and can lobby gov very hard and exert pressure on states to free up goods sothey can take controlIs nationalization now dead?●no its coming back, the economist (a center right organization) made a magazine withtitle “the return of economic nationalism”●Mostly latin americaEconomic systems: examples●Are there any true communist states? No○But cuba and north korea are the only states still trying to do this. But it’squestionable because it doesn’t work○Have a capitalist underground market●Saudi arabia is politically on the right but economically on the left.○Very liberal. They control all of its oil in the name of its people○Brunei is similar●Sweden is middle under socialism:○They provide many benefits to their people○A women gets 2 years paid maternity○Free health care and education retirement support
○How do they pay for all that?■They tax the shoot out of their citizens. Income tax rate is 30%●China: economically they are closer to the right○Letting things privatize and collecting taxes○Russia and india also economically closer to the right moving in that direction●UK:
You've reached the end of your free preview.
Want to read all 3 pages?
Capitalism,Privatization,Nationalization,Social programs,Nationalism vs Privatization