What countries are ruled under socialism?

Marxist–Leninist states

Country	Since	Party
People’s Republic of China	1 October 1949	Communist Party of China
Republic of Cuba	1 January 1959	Communist Party of Cuba
Lao People’s Democratic Republic	2 December 1975	Lao People’s Revolutionary Party
Socialist Republic of Vietnam	2 September 1945	Communist Party of Vietnam

Is capitalism or socialism the better economic system Why?

Capitalism affords economic freedom, consumer choice, and economic growth. Socialism, which is an economy controlled by the state and planned by a central planning authority, provides for a greater social welfare and decreases business fluctuations.

Does socialism require a dictator?

Socialism Requires a Dictator. Classical liberals have argued for the former, that human beings are basically what they are: fairly reasonable, self-interested beings, guided by goals of personal improvement and betterment as the individual comes to define those for himself. The social dilemma for a humane, just,…

Can communism exist without dictatorship or totalitarianism?

The only way for a communist society to exist is without dictatorship or totalitarianism. The very definition of communism excludes both dictatorship and totalitarianism: it requires political and economic power to be shared by all citizens.

Why is Socialism always oppressive?

It is the conflict between reality and the collectivism underlying socialism that is the reason socialism is always oppressive to some degree, and why it generally manifests as a corrupt dictatorship in its fuller forms.

What does socialism mean to you?

Again from the Oxford English Dictionary, socialism is defined as: A political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.