Capitalist and socialist economies are very different; capitalism relies on the markets, while socialism relies on government planning. Each system has its pros and cons.

America’s retirement trust fund is expected to run dry by 2034. A U.S. economic downturn would only make a bad situation ...

A centrally planned system cannot substitute some other form of economic calculation for market prices, because no such alternative exists. Capitalism is true economic democracy. Socialism addresses ...

In a statement met with skepticism and irony, Cuban leader Miguel Díaz-Canel declared on Friday that "establishing socialism ...

Social Affairs Minister Saifullah Yusuf and Head of the National Economic Council (DEN) Luhut Binsar Pandjaitan have met to ...

Top Democrat raises concerns about Social Security Administration removing public dashboard metrics that tracked call wait ...

The Social Security system in the United States is a vital financial support for millions, including retirees, the disabled, ...

Sen. Elissa Slotkin (D-MI) unveiled her “Economic War Plan” on Thursday, warning that Democrats are losing touch with working Americans.

Social Security trustees’ report projects that the Social Security Old-Age, Survivors, and Disability trust fund reserves ...

The term has no singular definition. But simply put, it’s an ideology rooted in its opposition to capitalism and wanting to ...

Economist Diane Coyle explains how backlogs and underfunding in tribunals and civil courts causes problems for business.

Own is the latest alternative to TikTok to emerge in the market, featuring blockchain technology and a token economy.