The history of the world has witnessed a number of phenomenal upsurges and revolutions based on economic, political, social and scientific objectives. Many of these revolutions were weaved by the military strikes and bloodshed of civilians, while others focused on the enlightenment and intellectual uplifting of masses. Revolutions like enlightenment and industrial revolutions were spread on almost a century whereas the French revolution and upheaval in France lasted a decade and the Russian revolution and rise of communism in Russia was expanded on a period of 5 years. However, the influence of these historically significant events of the world was not limited to single point and time, it continually influenced …show more content…
The four major economic theories put forward in this period were Capitalism, Anarchism, Socialism and Communism. These theories differed in their perspective of an ideal society and also advocated different methods of attaining an ideal society. When we look at the cold war era, starting after the World War II, the basic reason for hostility of America and USSR at each other was embedded in their pursuit of different …show more content…
By then, USSR with its communist reign of Joseph Stalin was intensifying its efforts to institute what Karl Marx believed to be an ideal society. Russian Stalin government contacted the communist party leaders throughout the world and called meeting. One of the example of this is the Communist Information Bureau, the Cominform which was established to reinforce the Yugoslavian victory of Communist Josip Broz Tito. In these meetings, Russian government under the rule of Stalin wanted the European governments aligned with USSR to impose the laws in their home countries that are levied by Stalin in Russia.
So, overall what were initiated in the industrial revolution of 19th century as the economic theories, matured themselves as the two opposing powers in the bipolar world of 20th century. China in the Cold War was also a communist economy, but it was an independent economy outside the Russian influence, but United States remained suspicious of its involvement in the expansion of Communist agenda. The struggle to rise between capitalism and communism was spread over a century and was ended with the fall of