Browse By:

Monday September 23, 2019 Login |Register

A Project of

sponsored by

Communism-Capitalism-Economic Developement : Implications for U.S. Economic Assistance

Bookmark and Share Report Misuse or Glitches

Publication Date: December 1989

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): Julian L. Simon; Stephen Moore

Topic: Government (Communism and socialism)

Keywords: Trade and foreign aid


The superior performance since World War II of free-market countries compared to socialist nations has, after four decades experience, become too pronounced for defenders of socialism to ignore or explain away as due to “bad weather.” The markedly higher living standard today in West Germany than in East Germany, South Korea than in North Korea, and Taiwan than in China has exposed the failures of socialism for all to see.


View Publication