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and policies. Literature Review: Socialism according to Marxian system who is the founders of this theory is Socialism, a set of relations of production that will follow capitalism, contains some vestiges of capitalism. Countries have been competing in finding the best economic and political combination that brings their countries into the power they need to lead the world. Karl Marx distinguished two forms of capital as constant and variable capital, according to him constant capital referred to non reproductive capital, constant capital refers to the capital value that does not undergo any changes in its value in the production process example machinery and. Pure communism is very difficult to achieve since it relies are human beings working completely together. Communism is generally more clearly defined since it was the system created by Karl Marx.
New images and ways of thinking about the self and society permeated the media, from literature to the motion pictures. Also when the market has all these businesses coming in and out, system corruption do not take place as there arent any specific people controlling everything to their benefits, therefore corruption will least occur in a capitalistic system. The means of production are socially-owned with the surplus value produced accruing to either all of society (in Public-ownership models) or to all the employee-members of the enterprise (in Cooperative-ownership models). To the contrary, the Guomindang, many of whose leaders were openly supportive of and supported by the Soviet Union (and some, such as Chiang Kai-shek, studied in the Soviet Union was generally described as nationalist and socialist. Government can change the rules of conduct and/or business practices through regulation or ease of regulations. This way of thinking not only caused tensions between Soviet intellectuals and political leaders and their Chinese counterparts but also caused some rather serious squabbling among Communist Party of China (CPC) leaders, with some taking the internationalist line and others arguing in favor of the. Socialism has faced a lot of criticism, and the main point is that, although there are no monopolistic powers exploiting the people and everyone is treated equally, but the government or the state that is controlling everything becomes the exploiting power.