Đổi MớiĐổi Mới (ɗo᷉i mə̌ːi; ) is the name given to the economic reforms initiated in Vietnam in 1986 with the goal of creating a "socialist-oriented market economy". The term đổi mới itself is a general term with wide use in the Vietnamese language meaning "innovate" or "renovate". However, the Đổi Mới Policy (Chính sách Đổi Mới) refers specifically to these reforms that sought to transition Vietnam from a command economy to a socialist-oriented market economy.
Socialist-oriented market economyThe socialist-oriented market economy (Vietnamese: Kinh tế thị trường định hướng xã hội chủ nghĩa) is the official title given to the current economic system in the Socialist Republic of Vietnam. It is described as a multi-sectoral market economy where the state sector plays the decisive role in directing economic development, with the eventual long-term goal of developing socialism. The socialist-oriented market economy is a product of the Đổi Mới economic reforms which led to the replacement of the centrally planned economy with a market-based mixed economy based on the predominance of state-owned industry.
History of the Soviet UnionThe history of Soviet Russia and the Soviet Union (USSR) reflects a period of change for both Russia and the world. Though the terms "Soviet Russia" and "Soviet Union" often are synonymous in everyday speech (either acknowledging the dominance of Russia over the Soviet Union or referring to Russia during the era of the Soviet Union), when referring to the foundations of the Soviet Union, "Soviet Russia" often specifically refers to brief period between the October Revolution of 1917 and the creation of the Soviet Union in 1922.
Workers' councilA workers' council, or labor council, is a type of council or popular assembly in a workplace or a locality made up of workers or of temporary and instantly revocable delegates elected by the workers in a locality's workplaces. In such a system of political and economic organization, the workers themselves are able to exercise decision-making power. Furthermore, the workers within each council decide on what their agenda is and what their needs are.
Deformed workers' stateIn Trotskyist political theory, deformed workers' states are states where the capitalist class has been overthrown, the economy is largely state owned and planned, but there is no internal democracy or workers' control of industry. In a deformed workers' state, the working class has never held political power like it did in Russia shortly after the Russian Revolution. These states are considered deformed because their political and economic structures have been imposed from the top (or from outside), and because revolutionary working class organizations are crushed.
Socialist economicsSocialist economics comprises the economic theories, practices and norms of hypothetical and existing socialist economic systems. A socialist economic system is characterized by social ownership and operation of the means of production that may take the form of autonomous cooperatives or direct public ownership wherein production is carried out directly for use rather than for profit. Socialist systems that utilize markets for allocating capital goods and factors of production among economic units are designated market socialism.
Proletarian internationalismProletarian internationalism, sometimes referred to as international socialism, is the perception of all proletarian revolutions as being part of a single global class struggle rather than separate localized events. It is based on the theory that capitalism is a world-system and therefore the working classes of all nations must act in concert if they are to replace it with communism. Proletarian internationalism was strongly embraced by the first communist party, the Communist League, as exercised through its slogan "Proletarians of all countries, unite!", later popularized as "Workers of the world, unite!" in English literature.
Left communismLeft communism, or the communist left, is a position held by the left wing of communism, which criticises the political ideas and practices espoused by Marxist–Leninists and social democrats. Left communists assert positions which they regard as more authentically Marxist than the views of Marxism–Leninism espoused by the Communist International after its Bolshevization by Joseph Stalin and during its second congress. In general, there are two currents of left communism, namely the Italian and Dutch–German left.
Popular frontA popular front is "any coalition of working-class and middle-class parties", including liberal and social democratic ones, "united for the defense of democratic forms" against "a presumed Fascist assault". More generally, it is "a coalition especially of leftist political parties against a common opponent". The term was first used in the mid-1930s in Europe by communists concerned over the ascent of fascism in Italy and Germany, which they sought to combat by coalescing with non-communist political groupings they had previously attacked as enemies.
Authoritarian socialismAuthoritarian socialism, or socialism from above, is an economic and political system supporting some form of socialist economics while rejecting political liberalism. As a term, it represents a set of economic-political systems describing themselves as socialist and rejecting the liberal-democratic concepts of multi-party politics, freedom of assembly, habeas corpus and freedom of expression, either due to fear of the counter-revolution or as a means to socialist ends.
State socialismState socialism is a political and economic ideology within the socialist movement that advocates state ownership of the means of production. This is intended either as a temporary measure, or as a characteristic of socialism in the transition from the capitalist to the socialist mode of production or to a communist society. State socialism was first theorised by Ferdinand Lassalle. It advocates a planned economy controlled by the state in which all industries and natural resources are state-owned.
Arab socialismArab socialism (Al-Ishtirākīya Al-‘Arabīya) is a political ideology based on the combination of pan-Arabism and socialism. Arab socialism is distinct from the much broader tradition of socialist thought in the Arab world, which predates Arab socialism by as much as fifty years. The term "Arab socialism" was coined by Michel Aflaq, the principal founder of Ba'athism and the Arab Socialist Ba'ath Party in Syria, in order to distinguish his version of socialist ideology from the international socialist movement.
CommunismCommunism (from Latin communis) is a left-wing to far-left sociopolitical, philosophical, and economic ideology within the socialist movement, whose goal is the creation of a communist society, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange that allocates products to everyone in the society based on need. A communist society would entail the absence of private property and social classes, and ultimately money and the state (or nation state).
Sovereign stateA sovereign state is a state that has the highest authority over a territory. International law defines sovereign states as having a permanent population, defined territory, a government not under another, and the capacity to interact with other sovereign states. It is also commonly understood that a sovereign state is independent. According to the declarative theory of statehood, a sovereign state can exist without being recognised by other sovereign states.
Economic ideologyAn economic ideology is a set of views forming the basis of an ideology on how the economy should run. It differentiates itself from economic theory in being normative rather than just explanatory in its approach, whereas the aim of economic theories is to create accurate explanatory models to describe how an economy currently functions. However, the two are closely interrelated, as underlying economic ideology influences the methodology and theory employed in analysis.
Kim Il SungKim Il Sung (ˈkɪm_ˈɪlˈsʌŋ,_-ˈsʊŋ; , kimils͈ʌŋ; 15 April 1912 – 8 July 1994) was a Korean politician and the founder of North Korea. He ruled the country from the country's establishment in 1948 until his death in 1994. Afterwards, he was declared its eternal president. His birth name was Kim Song Ju (). He held the posts of the Premier from 1948 to 1972 and President from 1972 to 1994. He was the leader of the Workers' Party of Korea (WPK) from 1949 to 1994 (titled as Chairman from 1949 to 1966 and as General Secretary after 1966).
Police stateA police state describes a state whose government institutions exercise an extreme level of control over civil society and liberties. There is typically little or no distinction between the law and the exercise of political power by the executive, and the deployment of internal security and police forces play a heightened role in governance. A police state is a characteristic of authoritarian, totalitarian or illiberal regimes (contrary to a liberal democratic regime).
