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socialist economy
(redirected from Socialist economics)

   Also found in: Wikipedia 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.socialist economy - an economic system based on state ownership of capital
communism - a form of socialism that abolishes private ownership
International - any of several international socialist organizations
national socialism, Naziism, Nazism - a form of socialism featuring racism and expansionism and obedience to a strong leader
managed economy - a non-market economy in which government intervention is important in allocating goods and resources and determining prices


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Even socialist economics has been discarded whenever it has been possible to do so in a free society.
The way our nation dealt with the 1920-1921 depression isn't discussed by today's economists, at least the vast majority who are captives to Keynesian socialist economics.
Hasina has moved the party away from the socialist economics supported by her father toward a market-based approach that backs private sector expansion.
 
 
 
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