Well after the Great Depression and Brenton Woods establishment, the global governing bodies saw the benefits of socialist policies acting as a safety net against growing wealth inequalities. There has been no true communist regime since the fall of the Warsaw Republic in Germany. The regimes of today are now socialist, if not possessing the nature of fascism or authoritarian despotism. Dictators are elected by legitimate or illegitimate means outliving their political terms. Institutions around the world have adopted a constitutional democracy, a way of governing that has the characteristics of both socialism and capitalism. Nations states belonging to the United Nations body have political sustainability in mind, in accordance to the (MDG) Millennium Development Goal’s. But in my opinion, the end goal is for a global democratic governance, where sovereign states and representative democracies meet in a global body to discuss economic trade, human rights, and development. Yes, sovereign nation states are traversing the path to build representative democracies. No, not every country is acting according to their own state constitutions.
Some countries have outdated constitutions that needs amendment, allowing for personal democratic freedoms. Each and every country has a form of constitutional democracy and act according to their own constitutions, but not every government follow through on constitutional rights. For example, the communist and capitalist republic of China ignores human rights issues and promotes state censorship, but it also host local provincial elections to elect government officials to the (CCP) Chinese Communist Party. There is not one country in this world that does not have some form of constitutional democracy and form of capitalism and form of socialism. For example, Russia and some socialist Latin American countries have a constitutional democracy that hosts their own elections, or appoint officials based on popular support.
It is not good to promote the growth of American style democratic institutions all over the world. Some countries should develop without western imperialist influences, like the Arab world. And, most political scientists questions whether Islam is compatible with democracy. However, if it weren’t for those imperialist influences, certain countries would not have advanced and undergone development. For example, imperialist Russia and the Latin American countries wouldn’t have industrialized without western influence. America is nearly 300 years in the making, a young country having experienced its own constitutional democracy, and having undergone the American Civil War, and the Civil Rights movement. The United States had their social movements to promote greater democratic freedoms within their own society among certain classes and groups of people. However, most countries did not have that luxury like the United Sates unique history and are still torn apart by violence and civil conflict.
The United States painted a false narrative of spreading democracy. The West would not have gained superiority over the rest of the world…if it were not for Western-led capitalism promoting and spreading freedom and democracy. Capitalism and democratic development goes hand-in-hand, and it is parasitic to developing countries, thus widening the startling contrast between the wealthy and the poor. Nations that have a huge income inequality gap between the “haves” and “have not’s” need a balance, an equilibrium between two opposing systems of socialism and capitalism, not an inverted pyramid and the apparent class struggles that results from it. Society cannot govern itself with the dissolution of the state, except that limited governance and the freedom of economic choice in a free market society is what can govern it. It is easier to enumerate the failings of systems rather than to frame a successful alternative to capitalism.
The reason why capitalism seems to be ebbing, as outlined by the economist Joseph Schumpeter ages ago, the market requires failure in order to maintain the most efficient distribution of resources. If you can’t cut it with the resources you have, some one else should have a shot. But the inevitable trend occurs, like monopoly and cartel behavior on the part of corporate businesses with vested interest associated with them (unions, industry groups, political parties) that creates a situation where unsustainable practices become hard wired into the system (economic crises, real estate bubbles, debt financed consumption) and rather then adapting for changing situations, governments and businesses cling to unstable practices with a false sense of permanence and order. Capitalism needs a degree of disorder to work, and yet layers upon layers of market socialism have attempted to put order to the markets and in doing so have created a flaw where by only systematic collapse can bring about change within markets. For example, the US 2007–2009 financial crisis, the Arab Spring, and the Eurozone crisis are evident results of this ebbing flow of capitalism.
Finding a better system to constitutional democracy won’t make society any better, but getting the system to change the way it behaves would be a wise course of action. For democracy to be truly instilled in the population in developing countries, there must be social movements that promotes and ensures greater civil rights. Instead of only having a regime change, America can teach the world how to build global democracies, and that is how a true democracy is practiced and lived standing by its constitution (checks and balances, separation of powers, separation of religion and state).
We can create a world that eschews war and societal conflict over cultural differences, and it is possible under a capitalist system with social protection against abuses within the system. What sets the United States apart from the rest of the world is its democracy. America is a melting pot — a mix of cultures — where people from the rest of the world comes to the United States to share innovative ideas and pursue a dream of success and freedom from oppression — to create a new way of life. The United States can lead the rest of the world in building global democratic governance open to trade, human rights, and development.