During the Cold War, Europe was split between communist countries and non-communist countries. The strife was caused by the differences in the underlying values in capitalism and communism. During this time, the United States and the Soviet Union also had opposing ideologies. Despite the differing ideologies of capitalism and communism, both have affected the political, cultural, and economic development of Third World countries.
Capitalism is “a way of organizing an economy so that the things that are used to make and transport products (such as land, oil, factories, ships, etc.) are owned by individual people and companies rather than by the government” (Merriam-Webster). Capitalists believe in economic freedom, competition, and personal responsibility. Capitalist key thinker was Adam Smith (1723-1790), a Scottish philosopher and economist. Smith is credited with creating the majority of key principles in capitalism, such as raising workers’ wages so they too can become consumers. “This great increase of quality of work which, in consequence of the division of labor, the same number of people are capable of performing, is owing to the three different circumstances..,” (Smith, 1). This quote explains the increase of dexterity in individual workmen, the saving of time that is usually lost between the passing of work, and the invention of greater numbers of machines contributing to decrease labor and individual work among men. Capitalism is the strongest economic system, and it is used throughout the world. Capitalism takes on a survival of the fittest approach, only the strongest in business will survive. “…from which so many advantages are derived is not originally the effect of any human wisdom…tho...
... middle of paper ...
...1904. Library of Economics and Liberty. 5 May 2014.
"World History for Us All." World History for Us All. San Diego State University, n.d. Web. 03 May 2014.
"Curiosity." Curiosity. N.p., n.d. Web. 05 May 2014.
"Five Capitalist Democracies & How They Do It." PBS. PBS, n.d. Web. 05 May 2014.
Layton, Julia. ""Real Capitalism: The Idea"" HowStuffWorks. N.p., n.d. Web. 05 May 2014.
Ritzer, George. "Karl Marx." Sociological Theory. New York: McGraw-Hill, 1992. N. pag. Print.
Rosenberg, Matt. "Communist Countries - A List of Current Communist Countries." About.com Geography. N.p., n.d. Web. 05 May 2014.
"Russia Government." Infoplease. Infoplease, n.d. Web. 05 May 2014.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Rise and fall of ‘communism’ in Russia Communism is defined as "a system of political and economic organization in which property is owned by the community and all citizens share in the enjoyment of the common wealth, more or less according to their need." In 1917 the rise of power in the Marxist-inspired Bolsheviks in Russia along with the consolidation of power by Vladimir Lenin and Joseph Stalin, the word communism came to mean a totalitarian system controlled by a single political party. This came to justify that the means of production is controlled and the wealth is distributed with the goal of producing a classless or possibly a stateless society.... [tags: Soviet Union, Communism, Cold War, Russia]
1553 words (4.4 pages)
- The Soviets and United States were forced to be allies during the war because of how much military force the Soviets were sending to the war. The United States had to play with the Soviets rules. The Soviets had a different vision for Europe after the war and also the United States. The negotiations of boundaries of post-war Europe contribute to escalating in the Cold War. It was a battle of two superpowers. United States and Soviet Union had several differences from the military, political, and ideological differences.... [tags: World War II, Cold War, Communism, United States]
1082 words (3.1 pages)
- The Cold war, although now considered a costly, long, tedious conflict, had great implications and repercussions for the world today. It was heated standoff, between the two lone superpowers after the war, and started a nuclear arms race, space race, proxy wars, and political unrest between the two. The biggest attributing factor to this cold war was the clash of ideologies, Capitalism vs. Communism, whose core beliefs conflicted with each other. The question to ask though is what brought this conflict to an end, was it because America won.... [tags: Cold War, World War II, United States]
1145 words (3.3 pages)
- Communism and Capitalism were the two opposing ideologies during the cold war, the two main powerhouses at the time The Soviet Union and The United States of America would fight for their beliefs not on their own lands, but in other countries. The Cold War negatively affected Korea and Vietnam on a cultural, economic, environmental and social basis. The USSR and The United States governments only cared about the ideologies these countries held rather than the people living with the decisions these two powerhouse made in order for their own gain.... [tags: Cold War, Vietnam War, World War II, Korean War]
1206 words (3.4 pages)
- It is true that the United States of America came out the victor at the end of the fabled Cold War. Communism was largely collapsed, due to the efforts of America ever since the end of World War II. The Soviet Union and its ideals were shaken up but not stomped out entirely. The Soviet Union still remained a nation of power and great influence around the world (until it’s demise in 1991), especially in the eyes of the smaller countries that were war-torn. America won the war through strategic and sometimes honor-less attacks on communism in governments around the world.... [tags: Cold War, World War II, United States]
1130 words (3.2 pages)
- Andrew Bronner, HISTORY 1002 PAPER ON COMMUNISM, FALL 2016 When looking at cold war propaganda used in America there are some distanced themes that should be looked at and analyzed. The first theme to analyze is what about communism is American propaganda saying and what places had the majority of this propaganda. Also what Should concern Americans about communism and what are they willing to do to about it. American propaganda was mainly used to create a scare of the American people.... [tags: Cold War, Korean War, Vietnam War, Communism]
1306 words (3.7 pages)
- The conflict in ideologies between capitalism and communism resulted in one of the greatest conflicts of the twentieth century. The belief that freedom and democracy would die under communist rule caused the United States to start a conflict that would last for decades. The decisions made by the United States in W.W.II caused tensions to rise between the U. S. and the Soviet Union. Fear of Communism in capitalist nations, caused the United states government to use propaganda to raise Cold War anxieties.... [tags: Cold War, World War II, Soviet Union, Communism]
1718 words (4.9 pages)
- Communism was the ideology followed by the Soviet Union. Originally founded by Karl Marx, it said that everything should be owned by the government and then divided up equally among the people who would then all work for it. For the communist party in Russia, their political system was always in danger. From the start of the Russian Revolution there have been dangers to communism. Before World War II most of the western nations ignored Russia simply because it was a communist state and the western nations actually supported Hitler because they believed that Germany would provided a buffer against Communism.... [tags: Soviet Union, USA]
546 words (1.6 pages)
- What is it about communism that makes many people scurry and cringe. In America, the mere word might as well be banned from the dictionary. The only time it is used is when talking about new aggressive movements by totalitarian communist countries. American’s tolerance level for communism is zero to none. Is communism so horrific that the thought of some forms being successful is out of the question. In society today, capitalism is the leading economic system. When compared to other systems, few meet its standards of living.... [tags: Capitalism vs Communism]
2608 words (7.5 pages)
- During the cold war, the United States engaged in many aggressive policies both at home and abroad, in which to fight communism and the spread of communist ideas. Faced with a new challenge and new global responsibilities the U.S. needed to retain what it had fought so strongly for in World War II. It needed to contain the communist ideas pouring from the Soviet Union while preventing communist influence at home, without triggering World War III. With the policies of containment, McCarthyism, and brinkmanship, the United States hoped to effectively stop the spread of communism and their newest threat, the Soviet Union.... [tags: Cold War Essays]
876 words (2.5 pages)