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At the time of the Cold War, it was generally believed that there was a huge ideological conflict in the world between communism and capitalism, and that one system or the other would have to eventually defeat the other, to become a globally accepted system. This has pretty much happened; there are very few truly communist governments left - perhaps only Vietnam, Cuba, and North Korea qualify. China claims to be "communist with Chinese characteristics" but this does not fool many people. They too have a capitalist economy, although they are still ruled by the same oligarchy inherited from their communist past.

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12y ago

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