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The countries that still have socialism is Sweden and Canada.

Edit:

While both Sweden and Canada have socialist aspects within their forms of government, so many other countries have more obvious aspects or socialism as part of their governmental structure.

All Scandinavian countries work withing a social democratic frame, much like Sweden, which means that despite capitalist opportunities, they have a strong welfare system, providing a safety net for people who are out of a job. As the third pillar of said social structure, these countries have policies to ensure that no one can exploit the system, and people are required to actively seek employment if they're healthy and otherwise able to work.

Actual socialist states, with very scarce (if any) capitalist aspects include North Korea and Cuba. These countries are normally considered Communist, and while this is the common assumption, no actual communist country (as described by Karl Marx) has yet existed, and the countries which have claimed to be communist are in fact socialist countries with emphasis on government control.

Given that no modern national government is a "pure" anything, all nations have some set of laws which are Socialist in nature. For example: the United State's Social Security system is extremely socialist. The U.K.'s National Health is also socialist. France's worker rights laws are socialist. Germany's national conscription laws are socialist.

Everything is in degrees - it's not a black or white issue.

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Wiki User

12y ago
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12y ago

Austria, Australia, Canada, China, Denmark, Hungary, India, Ireland, Japan, Liberia, Lithuania, New Zealand, Norway, Pakistan, Poland, Romania, Russia, Serbia, Montenegro, South Korea, Sweden and the United States.

Capitalism is an economic theory, not a political one. So, strictly speaking, there are no such things as "capitalism laws".

However, if you mean something closer to "which countries have laws which encourage or support a capitalistic economic system?", the the current answer is: all of them. No functioning country currently rejects the concepts of micro-economic capitalism (i.e. free markets at the individual level), and all have laws to support such activity. However, there is a very wide variance in acceptance of macro-economic capitalism; so much so, that it would be impossible to categorize countries into nice groups.

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11y ago

If "socialism" is defined as state-ownership over the means of production in most large-scale industries; then the People's Republic of China, Norway and Singapore would be contemporary examples of countries with "socialist" economies.

If "socialism" is defined as a planned economy, then the former Soviet Union and the Eastern Bloc would be considered to be "socialist" countries.

If "socialism" means worker's self-management and collective ownership of enterprises, the former Yugoslavia would be an example of a socialist country.

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paulbenn

Lvl 13
1y ago

None. Socialism (a classless stateless society based on production for use) will have to be a worldwide system.

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Q: What country operates underneath socialism?
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