Discussion on Past, Present and Future of Socialistic Ideology

You will prepare and submit a term paper on Past, Present and Future of Socialistic Ideology. Your paper should be a minimum of 1250 words in length. Initially seen as the antithesis to capitalism and capitalist modes of production, socialism today represents a variety of ideas that blend modern capitalism and socialist ideas about redistribution and the role of the state in economic affairs. Seeking to explore the history of socialism and thereby analyze its future in international affairs, this essay will chart the history of socialism through an in-depth analysis of the U.S.S.R. and China. Each country represents socialism in practice and will be used to discuss this important political theory.
Early socialists such as Karl Marx advocated the proletarian revolution and mass mobilization to correct the social inequality perpetuated by capitalism. Marxist thought inspired socialists around the globe including Fidel Castro in Cuba, Mao in China and Lenin in the Soviet Union. According, to the Soviet Union, Vladimir Lenin established an authoritarian political system, which grew out of mass discontent associated with the First World War. The October Revolution of 1917 – also known as the Bolshevik Revolution – had an enormous impact on Europe’s social, political and economic landscape and accordingly “produced by far the most formidable organized revolutionary movement in modern history” (Hobsbawm 1994, pp. 55). The Bolsheviks, led by Vladimir Ilyich Lenin, viewed themselves as the shepherds of a new international communist order in necessary conflict with the old order, embodied by bourgeois liberal capitalism. A centrist planning economy necessitated activist governmental intervention in all aspects of the state’s social and economic growth. Additionally, an important component of this state’s ability to mobilize was the 600,000 member-strong, centralized and highly disciplined Communist Party.&nbsp.
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