Political Philosophies

Capitalism needs an upgrade – UPSC GS1

Context: COVID Vaccine IPR debate Why Capitalism is least concerned about Humanity? Focused on profit:  Capitalists insist that private producers of vaccines must make profits because that is their compensation for investing in research and production. They believe that they are not morally compelled to serve the poor at a loss. For the poor, governments …

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Policy of Containment – UPSC GS1

After the World War 2, the strategy of the West towards Soviet block crystallized as a “Policy of Containment”. Critically analyse. (200 Words) Policy of Containment was a United States policy to prevent the spread of communism abroad. After reaching an agreement at Yalta, USSR, established governments which owe allegiance to Russian in Poland, Hungary, Rumania, Bulgaria, …

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Communism – UPSC GS1

Why communism lost its sheen? Adaptation by capitalism to counter communism. In its efforts to ward of communism, capitalistic forces offered: DecolonisationUniversal adult suffrage i.e. democracyMore employment and thus economic wellbeing of citizens Emergence of USA as an unquestionable world leader after Hiroshima and Nagasaki Communism basic philosophy was to revolutionise people and overthrow governments. …

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Colonisation – UPSC GS1

Colonialism means the practice of acquiring colonies by conquest (or other means) and making them dependent. The country which is subjugated by a metropolitan capitalist country is described as a colony, and what happens in a colony is colonialism. In other words, Colonialism =the total system of imperialist domination of a pre-capitalist country. Occupation / direct rule over …

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Capitalism – UPSC GS1

Industrial Capitalism : The system of society that came into being as a result of industrial revolution may be termed as industrial capitalism.   Capitalism expands material well-being by replacing existing technologies, products and business methods with superior substitutes. Though this initially disrupts established industries and communities, it is the main engine of economic progress. …

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