With the end of Cold War, many assumed that socialism, together with specific constitutional values and political structures was dead (or dying). This article will challenge these assumptions. Post-Cold War reality did not, however, follow Some countries, especially in Asia, continue to adhere socialist approaches. cannot fully overcome their legacy. And still others include constitutions practi...

Since its implementation of economic reforms and open door policy, China has rapidly transformed itself from a socialist planned economy to socialist market economy. Guangzhou and Shanzhen are earmarked as the pioneering and experimental cities within the network of cities in Pearl River Delta Region in implementing various market reform measures. Taking advantage of its close proximity with Ho...

In the early twentieth century, a range of writers produced visions of a socialist economy whose distinguishing characteristic was an allocation of resources using a ‘technical’ perspective. In the 1930s, Oskar Lange took up the challenge of Ludwig von Mises’ claim of the ‘impossibility’ of constructing a socialist economy on such an engineering basis. He readily acceded to the need for efficie...