Burmese Way to Socialism
Burmese Way to Socialism, Political ideology in Myanmar
The Burmese Way to Socialism refers to the economic and political ideology that was prominent in Myanmar from 1962 to 1988.
It was first introduced by the Burma Socialist Programme Party (BSPP) under the leadership of General Ne Win.
This ideology combined Marxist-Leninist principles with Buddhist and nationalist ideas, aiming to create a unique Burmese socialist society.
The policy led to the nationalization of the economy and isolation of the country from international trade.
Despite its initial popularity, the Burmese Way to Socialism eventually led to economic collapse and widespread poverty.
Inception: 1962
Capital city: Yangon
Source: Wikimedia