🥇 ▷ 20 Examples of 【Socialism】

This economic system and sociopolitical, whose principle is to eradicate the distinction of social classes is called socialism. This acquires recognition, properly speaking, with the marxist thought and born as a criticism of the injustices of the capitalism.

Now this doctrine It mainly requires that the private property be replaced by a collective property, supported by the means of productionand that the wealth of a nation be distributed equitably.

In this way, socialism proposes an economy planned by the State (made up of the people); the latter will be in charge of the means of production, and will ensure the social justice.

Although there are currently several variations of this philosophical current, they all respond to the same principle: amend social differences. Check below, some significant examples of socialism.

Best examples of socialism that have impacted the world.

Next, a list with the best examples of socialism worldwide.


China is ruled by the Chinese Communist Partywhich is based on a socialist-communist State, formed from the principles of scientific socialism of Karl Marx.

However, many scholars agree that, at present, China maintains high numbers of Social inequalitywhich are evident in the living standards of the city and inland areas.


Since 1976, this country has received the official name of Socialist Republic of Vietnam.

Vietnam is led by the communist party, and is characterized by its economic and social stability. At present it does not have political tensions of any kind, nor social disorders.

3. Nicaraguan

Since 1999, Nicaragua has been one of the Latin American countries that tends towards socialism, after the arrival of the socialist movement promoted in the region by Hugo Chávez (former Venezuelan president).

4. Venezuela

During the government of Hugo Chavez (1999-2013) was implemented in Venezuela the call “Socialism of the 21st century”, based on fraternity, on the solidarityin the freedom and in the equality.

5. Ecuador

During the government of the former president, Rafael Correa (2007-2017), this South American country was also governed by the precepts of “Socialism of the XXI Century”, but with its own characteristics:

It differed from the nationalization of the means of production, and from traditional socialism, even when the country’s economy was driven by the State.


In Bolivia, the former president, Evo Morales, also implemented various socialist policies in order to build the popular Socialism of the XXI Century in the nation; which took over the region.

7. Cuba

Cuba, currently presided over by Miguel Díaz Canel, has been defined as a socialist state since 1959. It is also based on a one-party policy, led by the Communist Party of Cuba.


Chile was also the seat of a socialist system, advocated by former President Salvador Allende, between 1970 and 1973. In this period, Allende defended the transition from capitalism to a pluralistic socialism.

9. Soviet Union

The Union of Soviet Socialist Republics (USSR) was an association of republics defending the communist ideology, which occurred between the years 1922 and 1991.

10. Spain

Spain is currently governed by its president, Pedro Sánchez; main exponent of the Spanish Socialist Workers Party (PSOES).

11. Iceland

As in other countries of the Nordic region, in Iceland prevails the nordic socialism either scandinavian pattern.

Such a system is based on the idea of ​​a broad state of welfareand the combination of the economic foundations of capitalism with social corporatism.

12. Norway

Norway is another of the countries that make up Nordic socialism.

The State of this country assumed this model in response to the crisis of 1930, produced by the conflict between the confederation of unions and the Norwegian Association of Entrepreneurs.

13. Sweden

After World War II, state interests focus on providing a comprehensive welfare state for Sweden; Already in the 1950s, the country declared itself socio-liberal.

14. Denmark

Like the last three countries described, Denmark is also governed by the foundations of Nordic socialism. His welfare reforms emerged in 1933, from the Kanstergade Agreement.

15. North Korea

The Democratic People’s Republic of Korea, led by kim jong One, it has always shown itself as a “socialist people’s state”.

However, it is dominated by a radical one-party system, and a strong nationalization of the means of production. This, among other things, means that, at present, North Korea considered a dictatorship.


The Lao People’s Democratic Republic, located in Southeast Asia, has an economic model that mimics the models of China and Vietnam. Its economy is considered underdeveloped and fast growing.


The German Democratic Republic was a socialist state, governed by the Socialist Unity Party of Germany during the Cold War period (1949), eradicated after World War II.

18. Belgium

Since the middle of the 20th century, Belgium has been led by the Socialist Party (PS), which promulgates a democratic socialism for the nation.

19. Austria

Its current president, Pamela Rendi-Wagner, belongs to the Austrian Social Democratic Party, one of the largest parties in the country; and the only one who has governed his capital, Vienna.

20. Czech Republic

The last of the examples of socialism to mention is the Czech Socialist Republic, led by President Jan Hamacek; belonging to the Czech Social Democratic Party.