Professional Documents
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THE
SOCIALIST
ADMINISTRATIVE SYSTEM
Presented by:
BAUTISTA | CATEDRAL | DANO | PALMA | SOMES
AUGUST 2019
SOCIALIST
North Korea Venezuela
SOCIALIST
economic political
way of thinking.
Socialism is both an
economic and political
way of thinking.
THE S O C I A L I S T ADMINISTRATIVE SYSTEM
Presented by: BAUTISTA | CATEDRAL | DANO | PALMA | SOMES
Outline of Discussion
Definition of Socialism
Socialism Strengths
Socialism Demerits
Socialist Countries
Definition of Socialism
noun
a political and economic theory of social organization
which advocates that the means of production,
distribution, and exchange should be owned or
regulated by the community as a whole.
Objectives of
Socialism
1. Property, disease and ignorance
shall be eliminated.
2. Property and privilege in any form
shall occupy a strictly limited place.
3. Ethical and spiritual values shall
contribute to the enrichment of the
individual and communal life.
4. All citizens shall have equal
opportunities.
Socialism
16th 17th
Century Century
Mid-18th 19th
Century Century
Full
employment
Minimizes Production is
poverty Absence of geared toward
business use, not profit
fluctuations
Socialism Demerits
Loss of
Consumer’s X
Sovereignty
Misallocation of
X Resources
No Freedom of
Occupation X Robbing of Human
X Incentives
Socialist States
Socialist States
Albania
Section 1, Article 1: “The
People’s Socialist Republic of
Albania is a state of dictatorship
of the proletariat, which
expresses and defends the
interests of all working people.”
Bulgaria
Section 1, Article 1:
“The People’s
Republic of Bulgaria Section 1, Article 1:
is a socialist state of “The People’s Socialist
the working people Republic of Albania is
a state of dictatorship
from town and
of the proletariat,
village, headed by which expresses and
the working class.” defends the interests
of all working people.”
Socialist States
Bulgaria Albania
Czechoslovakia
Section 1, Article 1:
“The Czechoslovak Socialist
Republic is a socialist state
founded on the firm alliance of the
workers, farmers and intelligentsia,
Section 1, Article 1: Section 1, Article 1:
with the working class as its head.” “The People’s Republic “The People’s Socialist
of Bulgaria is a socialist Republic of Albania is
state of the working a state of dictatorship
people from town and of the proletariat,
village, headed by the which expresses and
working class.” defends the interests
of all working people.”
Socialist States
Czechoslovakia Bulgaria Albania
THE
SOCIALIST
ADMINISTRATIVE SYSTEM
Presented by:
BAUTISTA | CATEDRAL | DANO | PALMA | SOMES
AUGUST 2019