Fidel Castro’s Legacy (Draft)

The Green Factor, Getting Real & Bold

Today Cubans recall Fidel Castro, on the 4th anniversary of their leader’s death. This process changed history in this country and marked him as a man who dedicated his life to the fight for workers, the poor, blacks, Indians, and women’s rights. This is not a review of his approaches, but an assertion that indeed he became a fighter for those groups.

Castro with his son Fidelito

Fidel Castro, hated by many and loved by others, is one of the most important political figures of the twenty centuries. His legacy is mainly damaged by the embargo imposed by John F. Kennedy. Kennedy, a catholic, came to power when Fidel was fighting the corruption, prostitution, and poverty in the farm-side suffocating Cuba at the time; social and economic problems exist in all Catholic countries of the world. It is not a secret that Italians owned Cuban casinos and a colossal prostitution rink.
His legacy is suffering, by the lack of the current government to control prostitution organized again by Italians, but now widely supported by former Soviet Union mafias and tycoons.

Fidel Castro came to power with the help of the so-called Protestants on the Left, who kept behind the scenes supporting his government. An example the Pastors for Peace. Protestants on the left, many of whom oversaw the army at the time, stopped Kennedy from sending marines to destroy Fidel. The Green Link supports Protestants’ on the Left values.

Fidel’s plan before 1959 was perfect. He wanted to remain as the Revolution Icon and the honorary Commander in Chief, while having free elections every four years. Nevertheless, Russia took over the Island. Therefore, The Green Link considers that understanding how Russia took over the Cuban Revolution is trivial for current politicians’ career; like Marco Antonio Rubio, whom we will support for president in 2024.

Castro’s 1960 Forced Smile

We want to emphasize the importance of protecting people’s sovereign liberty and the security of our leaders, no matter their size. One mistake can result in altering a nation’s history. In Cuba, we see the plight of Fidel Castro, a graduate of the Catholic Jesuit Academy, “Colegio de Belen,” located in Havana. Fidel was also a member of the Cuban Orthodox Party in his political beginnings. He then became associated with the Marxist-Leninist doctrines and promoted them widely, something resulted as well from Che Guevara already working for Russia, when they met in Mexico.

Fidel’s face meeting Che Guevara

Our Odeslink team was fortunate to speak with one of Fidel’s earliest bodyguards and others who asked that they would be quoted anonymously (One repeated this four different times). These individuals recalled Castro’s and his followers fighting corruption. Many of them were present during Fulgencio Batista’s reign. They fought against the dire poverty that was endured by the Cuban peasants. Castro initially desired to establish a modern democracy based on Jose Marti’s Principles and place values set forth by his Jesuit teachings. Early in his campaign, one event occurred, a bomb with the lettering “Made in the USA” was found near Fidel’s war camp. It never exploded but shaped Fidel’s anti-American sentiment deepening going forward. The people that placed the bomb never were identified. Later, in 1960, Fidel visited the United Nations in New York City. While there, he stayed in the Teresa Hotel about the city called Harlem. The Cuban security made a great mistake by allowing the Soviet Union Prime Minister, Nikita Khrushchev, to meet Fidel in a private room with only a single translator. Fidel’s bodyguard told us that the Cuban leader looked profoundly serious with almost tears in his eyes after the meeting. He said to them,” neither Kennedy nor Khrushchev wants to give us options.” “The world is run by two assholes, then in 1961, Fidel declared the Cuban Revolution took the course of the Leninist-Marxist. Kennedy was considered a failure. Khrushchev was removed from office as the Prime Minister of the Soviet Union while still alive.

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The Russian Sword a Neo-Fascism Sentiment


How can Cuba’s government explain that Russia is the sixth wealthiest country globally, and Cuba is one of the poorest? The embargo’s imminent harm is that Cuba cannot take advantage of selling and buying in the United States on credit. Think Tankers has predicted that Cuba will be receiving around 10 million Tourists from the United States per year as soon as the diplomatic and economic relations are established.

Coming soon to The Green Link

Workers rights for dignified living standards


Green politics, or ecopolitics, is a political ideology that fosters an ecologically sustainable society rooted in environmentalism, nonviolence, social justice, and grassroots social democracy. It began taking shape in the western world in the 1970s; since then, Green parties have developed and established themselves in many countries worldwide and have achieved some electoral success. In the United States, this movement has been slowly shaping the Democratic Party values.

When we talk about the earth’s environment, we are talking about the atmosphere, forests, plants, animals, water, and ecosystem. Everything from the roots of trees underground to the air we breathe is part of the environment, and each part’s health affects the health of the whole. There are a lot of threats to the environment. These include climate change caused by greenhouse gasses, air and water pollution, deforestation, and more. As a result of so many environmental severe threats, the earth is changing. Melting glaciers destroy habitat in the Arctic; plants and animals are becoming extinct at a staggering rate. It’s easy to look at that list and feel small and insignificant. After all, the earth has over 7 billion people. However, we have been failing to recognize that people are at the center of the planet. We must first protect the people for the people to protect the environment. We believe the first sentence in this paragraph must be changed to; when we talk about the earth’s climate, we first talk about people’s health.

After long hours of work and facing severe traumatic events, can front-line workers think about the environment? The answer is not. We need to make sure the green movement starts with people. A taxi driver, today on my way home, complained that his mom worked for 23 years without vacations. She is also part of the environment, and stress and working tiredness can harm her badly.

The United States passed many environmental legislation pieces in the 1970s, such as the Clean Water Act, the Clean Air Act, the Endangered Species Act, and the National Environmental Policy Act. These remain as the foundations for current environmental standards.

In the United Kingdom, To tackle unemployment, all employees are entitled to reasonable notice before dismissal after a qualifying period of a month. After two years, they can only be dismissed for a fair reason and are entitled to a redundancy payment if their job was no longer economically necessary. If an enterprise is bought or outsourced, the Transfer of Undertakings (Protection of Employment) Regulations 2006 requires that employees’ terms cannot be worsened without good economic, technical, or organizational reasons. The purpose of these rights is to ensure people have dignified living standards, whether they have relative bargaining power to get good terms and conditions in their contract.

In the United States, most workers are employed at will, meaning they can be fire without any reason. Employers are free to adopt at-will employment policies, and most of them have done it. Here employees without a written employment contract generally can be fired for a good cause, wrong cause, or no cause at all; judicial exceptions to the rule seek to prevent wrongful terminations. We hope that as we protect the environment with many needed acts, the United States will pass the Protection of Employment Act.

The Green Link

5 Holiday Gift Ideas That Declare Living Large the New Normal


Of all the things we have learned about ourselves during this year of disruption, one stands out: A pandemic is no time to be adventurous. Whenever routines change—and simply leaving the house requires an anxiety-provoking negotiation of risk tolerance—people will retreat as quickly as possible to the most convenient, relaxing option available. Comfort food is all the rage. Athleisure is doing better than ever. Hygge is huge. So, in honor of this most un-chill year, here’s a holiday gift guide that highlights 88 of the most over-the-top ways to maximize the cozy zone of everyone on your list.

A Tale of Cake Scotch

The latest from Highlands whisky staple Glenmorangie is initially matured in bourbon casks, and then finished inTokaji dessert wine barrels, which layers sweet, honeyed notes over the brand’s smooth, fruity character. It’s an ideal treat after (or during) the last course. $102

Ganache Blue Box

Made from complexly flavored Criollo cacao beans, each piece of this rich chocolate ganache is topped with whimsical designs. Its holiday vibe extends to a gift-ready package wrapped in brown ribbon. $72 for 25 pieces

Watch Me Clock

Gaetano Pesce’s surreal design is emblematic of 2020 time. Handmade from resin in red and orange, it’s overlaid with fanciful numbers. $300

Royal Oak Offshore Watch

A sportier version of the classic is also available in a standard or green dial. $45,900

Skin Caviar Luxe Sleep Mask

One of the highest-rated masks to leave on while they sleep for overnight firming and hydrating. $390

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Learn about the factors that influence your credit score


Originally published by Jpmorganchase

For many people, credit scores can be intimidating and confusing, involving complex numbers and difficult calculations. The thing is, they’re also important: credit scores can have a major impact on your finances—especially down the road, when you’re applying for a credit card, car loan, or mortgage.

With that in mind, here are the basics of your credit score: what it is, how it’s calculated, and—most important—a few tips for improving it!

What is a credit score?

Simply put, a credit score is a measure of your credit worthiness, or reliability as a borrower. Lenders look at your score to see how likely you are to repay money that you borrow. They also use your score to better understand the state of your finances, including your payment history, the length of your credit history, how much credit you are using, your total debt and other factors.

Who determines your credit score?

VantageScore and Fair Isaac Corporation (FICO) are the two major scoring systems that financial institutions use to measure your credit worthiness. FICO uses five categories to calculate its scores, while VantageScore uses six. Using these various categories, explains money expert Farnoosh Torabi, credit scoring systems can help your financial institution get a better picture of your overall credit situation. “They can capture all the different ways that people are using credit and are still being credit worthy and credit responsible,” Torabi says.

For VantageScore, the result of these six categories is a three-digit number that represents your credit worthiness. Anything above a score of 720 is considered “good” or “exceptional.” Scores below 720 fall into “fair” or “bad” range.

Your credit score is really valuable because it captures your credit worthiness, which can go a very long way in achieving your life goals.

What makes up your credit score?

Payment history

The first—and most important—factor in your credit score is payment history. Aim to pay all bills on or before their due date and pay down your debts consistently over time. A late or missed payment on your loans or credit card bills can stay on your credit report for up to seven years.

“An easy way to set yourself up for success is to consider setting up auto-reminders or auto-payments with your financial institution,” notes Pam Codispoti, Head of Chase Consumer Branch Banking. “They’re especially helpful for balancing life’s many demands.”

Age and type of credit

Not all credit is created equal: having different types of accounts—like auto or student loans, credit cards, and home mortgages—can work in your favor. Having accounts that have been open for a long time can also help. In fact, VantageScore(Opens Overlay) ranks the age and diversity of your credit as the second-most-important factor in calculating your score.

With that in mind, it may be worthwhile to keep your old accounts open, even if you aren’t using them. Their age could improve your score.

Percentage of credit used

The amount of credit you use—also known as your credit utilization—is another very important factor in calculating your credit. Remember: just because your credit card has a $10,000 limit doesn’t mean you should use all of it. VantageScore recommends keeping your balances under 30 percent of your total credit limit.

Total balances and debt

Paying off your debt can be a long, expensive process—especially if you booked that once-in-a-lifetime vacation on your card—but the sooner you do it, the better your credit score.

According to financial website Credit Karma(Opens Overlay), lenders and financial institutions prefer to see lower balances on your credit accounts because it suggests you’ll pay off your loan quickly. Your total balances may not be as crucial as your payment history, but putting some extra money toward your debt each month will improve your profile.

Recent credit applications

It may seem easy and harmless to apply for a new travel credit card, auto loan, and home mortgage in one fell swoop, but it can actually hinder your overall credit score. Before approving a new card, loan, or other account, lenders look at past and current behavior to predict future financial performance. This is called a hard inquiry, and can lower your credit score by a few points. Opening up several accounts at once can trigger several hard inquiries, leading to a more significant drop in your credit score. It also can signal to a lender that you may be taking on too much credit debt, which could be difficult for you to service in a timely manner.

While VantageScore celebrates having different types of credit, spreading out your applications for new accounts could help your score.

Available credit

While available credit may not be the most important factor on the list, using only the credit you need will be in your overall score’s favor. In fact, a recent report by VantageScore(Opens Overlay) found that prime consumers keep an average of $20,000- $22,000 worth of available credit that they do not use.

The Green Link

Biden promised a ‘railroad revolution’ that could see faster trains and a return to Amtrak’s nostalgic past


Having used Amtrak to commute between Washington, DC and his home in Delaware for decades during his time as a US senator, the frequent rider earned the nickname “Amtrak Joe,” as the New York Times reported. He even chartered an Amtrak train during his successful 2020 presidential campaign for a whistle-stop tour through the Rust Belt.

In 2016, one of his last acts as vice president was helping secure funding for Amtrak through a $2.45 billion loan for the Northeast Corridor, the name for Amtrak’s line between Boston and Washington along which numerous major cities lie, the Associated Press reported. The loan was the largest ever in the Department of Transportation’s history with most of it going towards new Acela Express trains capable of traveling 186 miles per hour.

Come January 20, Biden will once again have the opportunity to help and improve the struggling rail system that’s reported losses since its inception. On his campaign website, improving the country’s railroads are a priority under Biden’s clean energy initiatives where the president-elect advocates for a “second great railroad revolution.”

The US currently falls behind most advanced nations in rail connectivity and usage, as well as in the development of high-speed rail. Most of the country’s rail usage is in the Northeast Corridor, Amtrak’s only profitable sector, while long-distance trains have suffered service cuts in recent years.

One of Amtrak’s most pressing issues is repairing a 10-mile stretch of track between Newark and New York City, including the construction of two new tunnels under the Hudson River into New York’s Penn Station. Known as the Gateway Program, the project is a three-way initiative between Amtrak, New York, and New Jersey with an estimated cost in the neighborhood of $13 billion.

The federal government under the Obama administration had planned to split the cost with the states until President Donald Trump backed out of the deal in 2017, Crain’s New York Business reported, rejecting it as a local issue. It was just one of many tiffs between the federal government and New York during the Trump administration with the president and governor openly attacking each other on various occasions.

Trump had later approved $766 million in funds for one of the program’s goals, building a new bridge to carry tracks over the Hackensack River located entirely in New Jersey, Politico reported. The tunnel portion remained untouched until Trump expressed interest in funding the program in May as part of an infrastructure-focused pandemic stimulus package that did not come to fruition.

Completion of the tunnel project would take around seven to eight years from its start, Cuomo said in a video to Trump imploring him to fund the project.

A Biden presidency might see the federal government’s backing of the project restored to pre-Trump levels. Construction of the tunnels would reduce delays not only for Amtrak passengers traveling through the region but also for thousands of New Jersey Transit passengers that commute to and from New York City daily.

Biden campaign website promises plans to expand America’s rail network to make it the “cleanest, safest, and fastest rail system in the world.”

High-speed rail has long been overdue in the US as European and Asian nations have all seemingly perfected the system. Only one Amtrak line has high-speed capabilities, the Acela Express between Boston and Washington, and even then, the trainsets are restricted to well below its maximum speeds on certain stretches of the line.

The task of expanding high-speed rail has been taken up by private companies and state agencies in Florida, California, and Nevada that will connect some major cities with new lines. Connecting nearby city pairs via rail would take travelers off planes for shorter hops, just as the Acela Express has done in the Northeast Corridor by attracting travelers away from the airline shuttles.

But that would require new trackage, additional trainsets, and the ability to compete with the airlines. Amtrak upped its competitiveness when it launched non-stop Acela Express services between New York and Washington in 2019, offering a two-hour and 35-minute journey directly into the hearts of both cities.

Biden already has a track record here as his work to secure funding for Amtrak in 2016 will see faster trains join the line. The Alstom-built trains are currently in testing and scheduled to arrive in 2021, though it could be longer, as Business Insider’s Mary Meisenzahl reported in January.

Under CEO Richard Anderson, the former Delta Air Lines chief executive, Amtrak began cutting amenities on long-distance routes. The least profitable in the Amtrak system, these lines mainly served a small segment of the population that preferred train travel over air travel or wanted to experience the novelty of a long train journey.

Profitable routes such as the Northeast Corridor financially prop up these routes that political pressure prevents from being cut, according to the New York Times. Anderson did away with dining cars on some long-distance lines in 2019 as part of cost-cutting measures to help stem the losses on the routes, the Washington Post reported, in favor of an airline-style pre-packaged offering.

The coronavirus pandemic further impacted these trains as service was cut to three-times-weekly on most lines. As the New York Times reported, the temporary cuts may provide Amtrak with a way to permanently sever the unprofitable lines.

Increased funding to Amtrak under a Biden administration could result in long-distance trains being restored to their former glory, white tablecloths and all.

Read the original article on Business Insider

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Dalai Lama Calls For Climate Change Action In New Book, Suggests ‘Buddha Would Be Green’


In a new book scheduled for release next week, the Dalai Lama stresses the importance of the world coming together to tackle climate change and suggests that “Buddha would be green.

“Our Only Home: A Climate Appeal To The World,” co-authored by German journalist Franz Alt, has the Dalai Lama speculating that Buddha would “certainly be connected to the campaign to protect the environment,” according to The Independent.

“I am now 84 years old and have lived through many of the upheavals of the 20th century: the destruction and suffering brought by war, as well as unprecedented damage to the natural environment,” reads a passage cited by the publication. “Over-exploitation of our natural resources results from ignorance and greed, and a lack of respect for life on Earth. Saving the world from the climate crisis is our common responsibility.”

Speaking with the U.K.’s Channel 4 News about the book’s message, the Dalai Lama stressed that the United Nations needed to take a more active role in encouraging nations to work together to tackle environmental challenges.

“We need the concept of oneness of 7 billion human beings,” he said. “There is too much emphasis of ‘my nation, their nation,’ and ‘my religion, their religion;’ that really causes all these problems.”

“I would like to join the Green Party,” he said. “Their ideas are very good.”

The spiritual leader also briefly spoke about COVID-19, mentioning that accepting the inevitability of the human life cycle and regularly reciting mantras has helped him cope with the thought of the coronavirus pandemic.

“If there’s a way to overcome, no need to worry,” he said, citing an Indian scholar. “If there is no way to overcome, then [it’s] no use, too much worry.”

An obscure declaration called “ascertainment.”


The course of President-elect Joe Biden’s transition to power is dependent in part on an obscure declaration called “ascertainment.”

Some details on that process:


The formal presidential transition doesn’t begin until the administrator of the federal General Services Administration ascertains the “apparent successful candidate” in the general election. Neither the Presidential Transition Act nor federal regulations specify how that determination should be made. That decision green lights the entire federal government’s moves toward preparing for a handover of power.


The agency has not said why the decision to recognize Joe Biden as the president-elect has not been made. A GSA spokesperson said in a statement Monday: “An ascertainment has not yet been made. GSA and its Administrator will continue to abide by, and fulfill, all requirements under the law and adhere to prior precedent established by the Clinton Administration in 2000.”

GSA is an executive branch agency. Its administrator, Emily Murphy, is a Trump appointee, but the ascertainment decision is supposed to be apolitical. The White House did not say whether there have been conversations on the matter between officials there and at GSA.


The determination clears the way for millions of federal dollars to flow to Biden’s transition team and opens the doors of the federal government to hundreds of Biden staffers, so they can begin assessing agency operations ahead of Inauguration Day on Jan. 20. A delay in recognizing Biden as the next president could slow federal resources to assist the Biden-Harris team in filling about 4,000 political appointments across the government — including critical national security and health postings.


Slowing the pace of the transition could hamstring a new administration right out of the gate. The Trump administration, experts say, never fully recovered from the slow pace of hiring from its mismanaged 2016 transition after Trump tossed aside carefully prepared plans the day after his victory.


In 2000, the GSA determination was delayed until after the Florida recount fight was settled on Dec. 13. At the time, the administrator relied on an assessment from one of the drafters of the 1963 Presidential Transition Act that “in a close contest, the Administrator simply would not make the decision.”

That 2000 recount involved just a few hundred votes in one state that would have determined which candidate reached 270 electoral votes. Biden’s leads across Wisconsin, Pennsylvania and Michigan, which pushed him over the threshold to win the White House, are far more substantial — and greater than Trump’s leads in the same states in 2016.

Source:  Associated Press

The Green Link

A Wind of Change, Going West


A Wind of Change, Going West

I know many Cuban Americans will despise me after publishing this article. But I must continue what I started in 1990 while being an engineering student in Russia (former the Soviet Union). I arrived at the Soviet Union on August 13, 1986 (Fidel’s Birthday), in the Feodor Chaliapin boat. At that time, I was indeed a faithful young communist and loyal to Fidel and his revolution. But, after three years of being indoctrinated by Russian professors, we developed an urgent need of reconstructing the Cuban Revolution into a Social Democratic society, while keeping Fidel as the symbol of what our martyrs fought for.

I joined the Cuban Russian Union, becoming its Director in Kazakhstan. I recruited many members, who agreed not to promote the destruction of the Revolution but just promote a Wind for Change. I got permanent residency in Kazakhstan and legally departed Cuba. But Eltsin betrayed us and Russians as well, and corruptive communist mafias took over Russia. I applauded with all my heart, the attempt of communist hardliners to remove the corruption that started when Eltsin took over Russia and dismantled the Soviet Union. Russian corruptive mafias won, and they are running Russia today. In 1992 and to protect my physical and mental integrity I was given political refugee and traveled to the United States. The first time I traveled outside of America, I did it with a United Nations Blue Passport. I was interviewed many times by local newspapers and the Voice of America, where I explained the purpose of my generation’s fight, reconstructing socialism.

In the United States and given my lefty ideals I joined the Democratic Party. I met leaders on the left: Torricelli, Bill Richardson, Sharon Bulangahi, and many others. I became an active member of Adelante an organization fighting for Latino’s rights. But, in 2005, after being layoff by Jamie Dimon and one of his personal assistants, I joined Columbia University and started working for a Soviet supervisor and it was horrible. I had 10 car accidents in 5 months after 14 years of clean driving. I will cover in detail in future articles the difference between American Anglo-Saxons supervisors and the Soviet ones. Wrongly, I believed that she was a Democrat and became an active Republican.

But where I am heading with this article. I am still a faithful to Fidel’s fight in 1959, but not to Russia neither to Communism. I am loyal 100% to the United States. About a year ago, I visited Cuba and presented myself there as an independent journalist. I interviewed hundreds of Cubans some of whom asked to stay in anonymity. I bought the first two Bohemian magazines in January 1959. I concluded that Fidel and the 26th of July movement fought no for Communism but to eliminate or eradicate Prostitution, Corruption, and Farmers Poverty. While studying at Havana University, Fidel got a letter which I have a copy of it in my possession, asking him to abandon the University and his ambitions to become a leader, otherwise, they could kill him. On that Weekend, Fidel went to an apartment his father owned on the Beach and made a promise to his country, to destroy corruption and prostitution, and to protect the working class.

However, In Mexico and before returning to Cuba he met Che Guevara, who was a criminal and who was already working with the Russians. It was Che Guevara who killed without any remorse Cubans who did not sympathize with the Revolution, given he was not killing his brothers. I am pointing you here to an article, I wrote on how Russia took our Revolution, The makings of a communist-cuba. As well I am writing a book about the consequences of Eltsin’ s betrayal of a generation’s dream, “Reconstructing Socialism”. The book’s title, “The Bolsheviks” Later, Fidel realized that Che Guevara was a liability for the Revolution, because of his extremist believes and asked him to abandon Cuba.

Today and sadly, there is prostitution, corruption, and the cities are flourishing with their paladars while farmers are not. While visiting I declared, as I said that I was an independent journalist, but also a Human Rights fighter. I was called by the police, who interviewed me for two hours and nicely they asked me to change the name of Human Rights Fighter, as this in Cuba has a negative connotation to something else. We agree that Liberty Fighter was better.

As soon as the pandemic is over, I will be traveling to Cuba this time as an independent journalist and as a liberty fighter. I am promising my country that I will be using The Green Link, magazine to fight corruption and prostitution, and to convince Cuba that our best future is to convince the United Kingdom for Cuba to become a member of the Commonwealth while embracing a Green Social Democratic Society.

The Green Link

Social Democracy vs. Socialism a Brief Explanation


What are the concepts of Social Democracy?

Social democracy is the idea that the state needs to provide security and equality of opportunity for its people and should actively reorder society in a way that is conducive to such developments, but that such changes should be brought about gradually, legitimated by a democratically elected majority. In short, Social democracy is a government system that has similar values to socialism, but within a capitalist framework. Now, A Social Democratic government has the main priority of protecting workers’ human rights while creating an atmosphere where the private and public enterprise prospers.

In the last two decades, Social Democracies have been advocating and embracing green conservationism, economic and social interventions to promote social justice within the framework of liberal-democratic institutions and a capitalist-oriented mixed economy.

The main countries that have embraced social democracy are the Nordic countries, United Kingdom and Germany. The United Nations published in 2018 a global report ranking of the happiest countries in the world. The top five, in order, were (1) Finland, (2) Norway, (3) Denmark, (4) Iceland, and (5) Switzerland, all with a Social Democracy Economy.

Example of a Social Democracy Political Parties with strong influence in their countries

The Labour Party of United Kingdom

The Labour Party is a center-left political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists, and trade unionists.

Social Democratic Party of Germany

The Social Democratic Party of Germany is a social-democratic political party in Germany. Led by Saskia Esken and Norbert Walter-Borjans since 2019, the party is one of the two major contemporary political parties in Germany along with the Christian Democratic Union.


What is the Concept of Socialism?

Socialism is a range of economic and social systems characterized by social ownership of the means of production and workers’ self-management as well as the political theories and movements associated with them. Social ownership can be public, collective, or cooperative ownership or citizen ownership of equity. There are many varieties of socialism and there is no single definition encapsulating all of them, with social ownership being the common element shared by its various forms. Only in the last 15 years, Socialist countries have embraced the private sector on a small scale as the government controls all economic aspects.

Example of Socialist Countries

The Republic of Cuba and Korea are some of the world’s last remaining socialist countries following the Marxist–Leninist ideology.

Source: Wikipedia, Microsoft Research

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