Since the cold war era is over, a new approach to fit the globalization is necessary when the world is getting smaller via internet and integrated economy. Basically, there are 3 mains idelogy that continue to rule the world which are Democratic, Communism and Islamic.

As we can observe, Democracy is largely divided into many different aspect that cater to each country culture and style. Nonetheless, democracy is well practiced with the structure and framework though the contents may vary across countries. EU, Singapore, Japan, Taiwan and US have fostered and adopted democracy but each has their difference due to local context. This is exactly the behaviour of how the world economy has been transformed. Globalization is the catalyst or in short, the framework or the foundation of open economy but adjustment is necessary to accomodate to local needs. As a result, marketing must be localized.

Democracy is often abused and manipulated by politicians to achieve their own goal rather than nations. As such, democracy has become a tool for power and influence. The most pathetic state is Taiwan where their democracy is in a mess.

Communism is often too strict and the main objective is focus on country rather than individual. Team cohesion is critical to communism and the ideology is focus on equality. The cons would be slow GDP and economic growth. However, the recent communism has changed drastically especially on economy such as China. This is a good change but require further recognition. As China has become the main economy hub of Asia, communist party in China needs to change their mindset and focus on economy with capitalist style of economy. A stable government will attract investors and grow the economy. As a result, a strong government regardless of any party is critical to the success of a country.

Since the reunification of Taiwan and China is inevitable, I would like to propose a transformation of communism to free the market, economy and protect intellectual property as well as investment.

I strongly believe that 20 years down the road, communism in China will transform and part of the democracy will be adopted fromTaiwan during the reunification. As such, a new approach is necessary and we may call it as commucracy. Election will be done at the states or provinces but the military power and country affairs must be managed by central government.

China is no longer communist. They have slowly been progressing over the last 20 years or so, and they were never communist to begin with, they were a "Socialist" state. But I wouldn't even call them that anymore. They are definately becoming pro capitalist, and soon will emerge into a democracy.