Perspective Chapter: The Influence of the Cultural and Historical Factor on the Socioeconomic Model of a Single Country
<p id="p1">The entire twentieth century passed in a sharp competition between two socioeconomic systems—capitalism and socialism. The irreconcilability of the two systems was so high that it often led to armed conflicts—Korea, Vietnam, etc. However, already in the twentieth century, the...
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| Format: | Book Chapter |
| Language: | English |
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IntechOpen
2023
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| Online Access: | https://www.intechopen.com/chapters/85879 |
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| Summary: | <p id="p1">The entire twentieth century passed in a sharp competition between two socioeconomic systems—capitalism and socialism. The irreconcilability of the two systems was so high that it often led to armed conflicts—Korea, Vietnam, etc. However, already in the twentieth century, the convergence theory appeared, which foreshadowed the emergence of a certain averaged sociopolitical model that harmoniously combined the basic principles of capitalism and socialism. The theory had serious grounds for its appearance because the specific forms of both—capitalism and socialism—differed considerably from country to country. Moreover, the history of the rise of capitalism in the West bears little resemblance to that in the East. The basis of these, sometimes fundamental differences, are unique national characteristics, mentality, basic values inherent only in a given cultural-historical community. Therefore, today, in the twenty-first century, it is necessary to abandon the opposition between capitalism and socialism and build on the basis of broad people’s democracy such a mobile socioeconomic model that at any given moment most fully meets the natural, human, financial, organizational and cultural possibilities and needs of a particular people, a particular country.</p> |
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| ISBN: | 978-0-85014-048-4 |
| DOI: | 10.5772/intechopen.109888 |