You will prepare and submit a term paper on Past, Present and Future of Socialistic Ideology. Your paper should be a minimum of 1250 words in length. Initially seen as the antithesis to capitalism and capitalist modes of production, socialism today represents a variety of ideas that blend modern capitalism and socialist ideas about redistribution and the role of the state in economic affairs. Seeking to explore the history of socialism and thereby analyze its future in international affairs, this essay will chart the history of socialism through an in-depth analysis of the U.S.S.R. and China. Each country represents socialism in practice and will be used to discuss this important political theory.

Early socialists such as Karl Marx advocated the proletarian revolution and mass mobilization to correct the social inequality perpetuated by capitalism. Marxist thought inspired socialists around the globe including Fidel Castro in Cuba, Mao in China and Lenin in the Soviet Union. According, to the Soviet Union, Vladimir Lenin established an authoritarian political system, which grew out of mass discontent associated with the First World War. The October Revolution of 1917 – also known as the Bolshevik Revolution – had an enormous impact on Europe’s social, political and economic landscape and accordingly “produced by far the most formidable organized revolutionary movement in modern history” (Hobsbawm 1994, pp. 55). The Bolsheviks, led by Vladimir Ilyich Lenin, viewed themselves as the shepherds of a new international communist order in necessary conflict with the old order, embodied by bourgeois liberal capitalism. A centrist planning economy necessitated activist governmental intervention in all aspects of the state’s social and economic growth. Additionally, an important component of this state’s ability to mobilize was the 600,000 member-strong, centralized and highly disciplined Communist Party.&nbsp.

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Create a 6 pages page paper that discusses the world trade organization, money corruption and money laundering. Aizenman and Noy argue that corruption affects trade flows negatively. To this end, they identify that money laundering is used as a vehicle for overriding money laundering barriers across international boundaries. Also, “most public statements about the evils of corruption include a reference to the distortion of international competition and trade flows4. This shows emphatically that illegalities have an impact on competition and it affects the way trade is conducted in so many ways.

In illustrating this further, Wraight states that trade and investments are limited by “dizzying taxes, outlandish regulations, administrative inertia, the legal system, the labor code, monopolies, corruption, and fraud”5. Clearly, these are the textbook examples of corruptions and illegalities that are relevant to international trade and international business. Although, some of them are inherent in nature and cannot be routed out easily, others are of an external nature and can be dealt with through laws, monitoring, evaluation and other controls.

In this research, the aim is to examine and analyze the tools and mechanisms used by the World Trade Organization to deal with trade corruption. It will involve an examination of the relationship that exists between the WTO and illegalities in trade. In doing this, the paper will undertake a critical analysis of the various interventions used by the WTO and how effective or ineffective these mechanisms turn out to be in practice.&nbsp.

International trade has taken a different turn over the past twenty years. It can be identified that three main things have played a major role in the changing terrain: globalization, deregulation and financial secrecy services.