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Each year, Australia Day ushers in the political calendar. And each year, the polity is more divided. A lot of people seem to feel left out of the party. And it isn

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The term First World originally refers to the capitalist, industrialized countries, within the Western European and United States' sphere of influence, (e.g. member

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World War I The breakdown of capitalism World Socialist

Elections in Europe and the US don’t (one needn’t look further than Australia for an example of The Economics Student Society of Australia. MENU

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See some examples of socialism to understand how this works. socialism is the transitional period between capitalism and communism.

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