Why Has Asian Socialism Failed?

There was a time not so long ago, at the end of the Second World War, when people expected the whole world to go Socialist. Throughout the world there seemed to be an inevitable trend toward a more egalitarian society. When a Socialist Government in Britain, shortly after it assumed office in 1945, decided to liquidate its empire in Asia, there were hopes that the future would mean a more just and equal world where governments of Socialist leanings varying from progressive liberal, Social Democrat or democratic Socialist, to Communist, would soon take charge of the destinies of mankind in nearly all countries of the world.

Today, two decades later, we have a much more sober realization that automatic progress toward an equal and j...