Analysis of information sources in references of the Wikipedia article "ลัทธิบะอษ์" in Thai language version.
In practice, the economic doctrine of the Ba’th eschewed private enterprise and called for a state directed economy, much like the USSR. According to the basic documents of the party: the national wealth is the property of the state; the traditional distribution (i.e. the holding of most arable land by absentee landowners who leaded the land out to the peasants) is unjust and therefore it must be corrected; farming land should be allocated according to the capability to husband it; factories will be cooperative; trade will be controlled by the state.
In practice, the economic doctrine of the Ba’th eschewed private enterprise and called for a state directed economy, much like the USSR. According to the basic documents of the party: the national wealth is the property of the state; the traditional distribution (i.e. the holding of most arable land by absentee landowners who leaded the land out to the peasants) is unjust and therefore it must be corrected; farming land should be allocated according to the capability to husband it; factories will be cooperative; trade will be controlled by the state.