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The social market economy (SOME; German: soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, [1] is a socioeconomic model combining a free-market capitalist economic system alongside social policies and enough regulation to establish both fair competition within the market and generally a welfare state.
The two-stage theory, or stagism, is a Marxist–Leninist political theory which argues that underdeveloped countries such as Tsarist Russia must first pass through a stage of capitalism via a bourgeois revolution before moving to a socialist stage. [1] Stagism was applied to countries worldwide that had not passed through the capitalist stage.
An individual retirement account [1] (IRA) in the United States is a form of pension [2] provided by many financial institutions that provides tax advantages for retirement savings. It is a trust that holds investment assets purchased with a taxpayer's earned income for the taxpayer's eventual benefit in old age.
Lawmakers say surviving spouses of public workers were at a disadvantage to access these benefits. Senator Ossoff says this bipartisan bill could restore social security benefits for more than ...
American millennials say they would rather live in a socialist or communist country than a capitalist democracy. That’s according to a new survey from the Victims of Communism Memorial Foundation.
A traditional IRA is an individual retirement arrangement (IRA), established in the United States by the Employee Retirement Income Security Act of 1974 (ERISA) (Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18). Normal IRAs also existed before ERISA.
The average middle-class American's retirement savings Middle-class Americans have a median retirement savings of $22,380 to $80,000, according to Federal Reserve data gathered by The Motley Fool.
Some Trotskyist groups such as Socialist Action, while having some disagreements with the Cuban leadership, consider Cuba a healthy workers' state. Others, such as the Freedom Socialist Party, say that the People's Republic of China has gone too far on the road of capitalist restoration to be considered a deformed workers' state. [citation needed]