Extremes of two World Economies-Communistic and Capitalistic – By Oscar E V Fernando Up until now two major economies dominated the world-the Communist Economy with only State Enterprises militarily controlled-or so it was believed outside of their military borders and the so called Capitalist Economies commencing with the Industrial Revolution in the West. The current fading away of communist economies, with its accompanying extremes may be inferred with the fate of economies in Russia, China and Cuba-with China introducing State Controlled Private Enterprise which in the writer’s opinion is best for a country-though with no military regimentation! ...

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