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About this quote

What does it mean?
Socialism cannot judged by capitalism's failures in Africa, Asia, and Latin America.
In plain terms
Where has capitalism succeeded in Africa, Asia, or Latin America to judge socialism?
What can you take from it?
Evaluate socialism by comparing it to capitalism's regional record.

Where it applies

  • economic debate
  • development policy
  • critique

Putting it to work

  • compare economic systems
  • analyze regional outcomes

Questions to consider

  • Which system works better?
  • How do we define success?

Another view

Capitalism has achieved growth in some regions, though unevenly.

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