Capitalism or Socialism for human development? - Think Left
1 Articles
1 Articles
Capitalism or Socialism for human development? - Think Left
In a recent tweet, Jason Hickel (Senior Fellow at the London School of Economics) pointed out that countries following socialist economic systems have not fared too badly compared to capitalist countries in most human development indexes. He referred to a study by Cereseto (Cereseto et al., 1986) conducted in 1986 that used the Physical Quality of Life (PQL) composite index produced from infant mortality rates, life expectancy, and literacy rate…
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