Tag: Poor Economic Performance

Simanchala Nayak August 24, 2024 Collective Decision-Making, Collective Ownership, Criticism of Socialism, Discuss It's Meaning, Economic Planning, Equality and Redistribution, Equality vs. Efficiency Trade-Off, Equitable Distribution, Erosion of Personal Freedom, esikhya, Features & Criticism of Socialism, Focus on Social Welfare, Focus on Welfare and Social Justice, Inefficiency and Bureaucracy, Key Features of Socialism, Lack of Incentives, Limited Private Property, Market Economy Advantages, Meaning of Socialism, Poor Economic Performance, Provision of Public Services, Public Ownership, Reduction of Class Distinctions, Risk of Authoritarianism, Socialism, Transition Challenges, Unrealistic Ideals, Unsustainable Welfare Systems, What is Socialism