who were the capitalists in the cold war
Western Bloc The Western Bloc or Capitalist Bloc during the Cold War refers to the countries allied with the NATO against the Soviet Union and its allies. The latter were referred to as the Eastern Bloc. The governments and press of the Western Bloc were more inclined to refer to themselves as the Free World or the Western world.[citation needed]
Insurance Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
Alfonso Arau Alfonso Arau InchÃ¡ustegui (born January 11, 1932) is a Mexican actor and director.[1]
Planned economy Says Hahnel, "Combined with a more democratic political system, and redone to closer approximate a best case version, centrally planned economies no doubt would have performed better. But they could never have delivered economic self-management, they would always have been slow to innovate as apathy and frustration took their inevitable toll, and they would always have been susceptible to growing inequities and inefficiencies as the effects of differential economic power grew. Under central planning neither planners, managers, nor workers had incentives to promote the social economic interest. Nor did impeding markets for final goods to the planning system enfranchise consumers in meaningful ways. But central planning would have been incompatible with economic democracy even if it had overcome its information and incentive liabilities. And the truth is that it survived as long as it did only because it was propped up by unprecedented totalitarian political power."[22]