I&#x27;m glad you understand the difference. As you can see from my link, some people are confused about what socialism is.<p>You need a special personal connection to the insider elites to run major companies in most of the Middle East. The decisions about economic initiatives and major industry are made by a small politbureau, though it isn&#x27;t called that. A privileged class controls vast wealth and power over the lives of subjects for personal pleasure, though it may or may not be in their own personal names, just like under Communism.