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Communism Vs Capitalism Essay

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Before talking about the relations between two of the superpowers of the world at the moment,the concept of communism and capitalism should be discussed. There is no true example of capitalism or communism in the world at the moment, but some countries are more under one than the other.

Capitalism:

Capitalism is when individuals are allowed to own capital, land, etc. Countries that are under capitalism give individuals the right the right to purchase whatever they can afford, for example they can have their own houses, cars, businesses, etc., and all of these without any government interference. The U.S. is an example of a capitalist country. Also Canada, UK, and Sweden.

Communism: Communism on the other hand is when the ownership …show more content…

The United States at this point used these countries to keep military bases and troops which helped them later on when they were involved in the war in Vietnam.

Here President Washington believed that the communist government of China threatened his alliance with these countries that weren't communists. Being China’s neighbors he always was afraid that they’d be able to weaken this alliance in the area. During this period Washington didn’t allow his allies from entering diplomatic relations with China, and had a trade and travel embargo on them.

Rapprochement:

Such a phase started by President Nixon’s visit to China in 1972. He then alongside the Chinese Premier Zhou Enlai signed the Shanghai Communique. It mainly seeked to normalize the relations between the two countries through increasing educational, trade and cultural contacts even though no criteria was mentioned for such relations, but one of the most important deal at that time was the reduction of the U.S. troops from

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