Chinese Model of Development Globalization and the Revival of History

Authors

  • Subrat Kumar Ratha Department of Politics and International Studies, Pondicherry University, Puducherry, India

Keywords:

Cold war, Globalization, Capitalism, Political communism, Economic openness

Abstract

The ideological antagonism between the east and west resulted the catastrophic situation in the horizon of world politics during the cold war. The sobriety of the war was to counter each other capabilities and to establish a final form of idea that could be adhered by all the nations of this world. After the end of the cold war, all the capitalist nations were considered that the cold war was the benchmark of liberal democracy which had given a way to the end of history. The process of globalization has emerged as a wave of development, however, the values of capitalism are also being promoted through the process of westernization and democratic conversion. Paradoxically, china came as a dominant actor in the world politics and also gave a new interpretation of globalization under the light of her political communism, economic openness and social justice. Liberal democracy, due to interventionist policy of US, is facing a severe crisis in terms of identity politics and political decay. Chinese model of development would be an acceptable dream which can be accomplished through internal stability and external expansion. China has falsified the perception of the post-cold war and made a conducive environment for both development and globalization.

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Published

25-04-2021

Issue

Section

Articles

How to Cite

[1]
S. K. Ratha, “Chinese Model of Development Globalization and the Revival of History”, IJRAMT, vol. 2, no. 4, pp. 118–122, Apr. 2021, Accessed: Dec. 27, 2024. [Online]. Available: https://journals.ijramt.com/index.php/ijramt/article/view/661