by Francis Menton
[ManhattanContrarian] Even as New York City looks poised to try one more time to make socialism work, multiple countries that have gone down the socialist road are trying instead to turn off. Notable examples include Argentina, where President Xavier Milei’s party just scored a notable victory over the Peronists in legislative elections; and Bolivia where, in the August 2025 first round of the presidential election, after nearly 20 years of explicitly socialist rule under the MAS Party, accompanied by economic stagnation, the MAS candidate for President got just 2% of the vote.
Can we add Vietnam to the list of countries moving away from socialism? A November 1 piece at American Greatness by Stephen Young and Bradley Thayer asserts the thesis that we can. The headline is “Did We Just Win the Vietnam War?” Excerpt:
Half a century after America’s withdrawal, Vietnam has quietly vindicated U.S. sacrifice—abandoning Marxism for nationalism and embracing the very ideals America once defended. . . . While few Americans have noticed, Vietnam’s new General Secretary of the Communist Party, To Lam, has replaced Marxist-Leninism as the Party’s governing ideology with something more authentically Vietnamese: Truong Ton Dan Toc, or “Vietnamese nationalism.”
Young and Thayer cite some serious evidence in support of their thesis. My overall conclusion: Vietnam is making some meaningful strides in the right direction, but still, Young and Thayer are getting ahead of themselves.
Here are the main points that Y&T make in support of their thesis:
More at the link |