Do Socialist economic policies make society fairer?

Less Validated
Sep 5, 19

Socialist countries have a slower economic growth than capitalist ones.

In the former socialist countries (Bulgaria, Czechoslovakia, Hungary, Poland, Romania, Yugoslavia, USSR) the per capita GDP during the period from 1950 to 1989 went from $0 to $5,000; during the same period, the per capita GDP in the US grew from $10,000 to $30,000.