The Twentieth-Century World and Future Prospects

Twentieth Century World and the Future Prospect

Marxism , Fascism , and the American `New Deal

The pre World War I Europe was characterized by capitalistic trends of spawning industrialization , colonization on the one hand , and the emergence of liberalism , collectivism , and Darwinian socialism on the other . It was also the age when democratic and republic governance models had come in direct conflict with the traditional monarchic models followed by many nation states in Europe . The lopsided social and economic development across major European powers and the emerging theories of equality and equitability

demanded an alternate economic and social model than one already prevalent . This demand was met by the theories of revamped social and economic structure proposed by Karl Marx , who proposed a collectivist social , which was free of any class or status distinction

Marxist theory of communism was aimed to chiefly solve the problem of labor in capitalist society , where the efforts of millions of workers benefitted only a handful of people situated at the upper echelons of the social structure . Marxism led to the Bolshevik revolution in Russian in 1918 , which saw establishment of world 's first communist state in form of USSR . The new communist nation was based on the principle of in theory , held as much privilege as the next one

Almost at the same time , a major change was taking place in Germany . Its defeat in the First World War had led to rise of...