16.1k views
3 votes
The phrase "communism with a capitalist facelift" refers to economic reforms attempted by

2 Answers

3 votes

Final answer:

The phrase "communism with a capitalist facelift" refers to economic reforms attempted by governments that had been controlled by Communist dictators or authoritarian leaderships before 1991. These reforms shifted countries from central planning to open markets, inviting private capitalism and western corporate businesses.

Step-by-step explanation:

The phrase "communism with a capitalist facelift" refers to economic reforms attempted by governments that had been controlled by Communist dictators or authoritarian leaderships before 1991. With these reforms, countries shifted from central planning to open markets, inviting private capitalism and western corporate businesses. This phrase represents a combination of communistic ideals and capitalist economic practices.

User Bazzargh
by
8.3k points
3 votes
Hungarian leader Janos Kadar.

The "New Economic Mechanism" was the official name of his policy, begun in 1968, which was sometimes called "Goulash Communism" because of its mixture of communist and free market principles.

Kadar came to power in Hungary in 1956 and remained General Secretary of the Communist Workers Party in Hungary until 1988.
User Barry Colebank Jr
by
8.2k points