A Socialist state, sometimes (though incorrectly)[source?] known as a communist state, is a country that practices a form of economics where productive property (companies) is owned by the state. Many socialist states[source?] refer to themselves as communist countries, though communism, a classless society in which the people in common control property, is not the system that these states operate by. Some states practice certain forms of revolutionary socialist ideology, such as Leninism or Maoism.
List of Current Socialist States[change | edit source]
- See also Socialist Republic
These countries are generally considered socialist states.
- People's Republic of China (Mainland China, Taiwan is not a socialist state)
- North Korea
List of Past Socialist States[change | edit source]
There were, at one time, many countries that followed some type of Marxism. One of the most famous is the Soviet Union. However, many of these are now no longer regarded as socialist.