Socialism and the Rule of Law

The defining characteristic of socialist states is not the lack of democracy, but their lack of law. So long as china does not introduce a meaningful reform of the law, creating an independent judiciary and a truly free legal profession all property rights in that country are contingent on the will of the communist party. China scores higher than the usa on order and security alone, but also that sweden is some way ahead of the united states. In 20 16, private companies receive just 11 % of new loans, while more than 80 % flowed to s o es.