It would be easy to dismiss the Cold War simply as proof that Capitalism was a better theory than Communism. Easy, but not the whole story. In order for Communism to be relegated to the dustbin of history, it first had to be proven that its struggle against Capitalism was unnecessary and thus irrelevant. How did the US and the USSR close the gap in the last quarter of the 20th Century to allow Communism to go out with a whimper and not a bang?
Solution:
As argued by Brower and Sanders (2014), after the end of the Cold War and the collapse of the Soviet Union, communism as a political ideology was consigned to a dustbin of history. McCauley (2015) has stressed that communism was one of the most influential economic theories of all times. Communism is where the state owns the major resources in the society including, but not limited to production education, agriculture, and transportation. The competition between communism and capitalism as played during the Cold War is considered the most defining struggle in the 20th century. Taking this into consideration, the Soviet Union was advocating for the spread of communism across the world particularly in Europe. Nonetheless, when Mikhail Gorbachev was elected, he tried to implement a wide range of…..Please click the Paypal icon below to purchase full solution for only $5