By Dr. Ileana Johnson Paugh —— Bio and Archives--September 24, 2011
Transitioning from a communist/socialist controlled economy to a mixture of capitalism and European socialism was not painless for the former communist country of Romania. After the bloody revolution of December 1989, the country embarked on a series of difficult economic changes and adaptations that culminated in its admission into the European Union on January 1, 2007.
Jumping from the communist party’s inadequate and random five-year economic plans that bore no resemblance to the needs and wants of society to a market system based on supply and demand was quite difficult. Between 1948 and 1989, Romania had a state-controlled economy built around heavy industry. The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
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