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Socialism and Capitalism: their relation in Globalization

Zhang Ya

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Abstract

Socialism and capitalism will exist together for a long time, even though the globalization has brought about the common civilization of human social systems, as well as promoted their cooperation and coexistence by means of common interests of human beings. This globalization advocated by capital powers offers chances as well as challenges to socialism which should join the trend, develop itself, and improve its own system as an answer to the globalization for its ultimate goal of communism.

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What this paper is about

Socialism and capitalism will exist together for a long time, even though the globalization has brought about the common civilization of human social systems, as well as promoted their cooperation and coexistence by means of common interests of human beings. This globalization advocated by capital powers offers chances as well as challenges to socialism which should join the trend, develop itself, and improve its own system as an answer to the globalization for its ultimate goal of communism.

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Available abstract

Socialism and capitalism will exist together for a long time, even though the globalization has brought about the common civilization of human social systems, as well as promoted their cooperation and coexistence by means of common interests of human beings. This globalization advocated by capital powers offers chances as well as challenges to socialism which should join the trend, develop itself, and improve its own system as an answer to the globalization for its ultimate goal of communism.

Key concepts: Capitalism, Socialism, Globalization, Economic system, State socialism, Civilization, Communism, Capital (architecture)

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