Step 1: Understanding the Concept:
The Cold War (approx. 1947–1991) was a period of geopolitical tension between the two global superpowers, the United States and the Soviet Union, and their respective allies. This conflict was primarily ideological, centered around two opposing systems of governance and economics.
Step 2: Detailed Explanation:
The two dominant and conflicting political ideologies during the Cold War were:
1. Capitalism/Liberal Democracy: Advocated by the United States and its allies in the Western Bloc. This ideology is characterized by:
- An economic system based on private ownership of the means of production and their operation for profit (capitalism).
- A political system based on representative democracy, individual freedoms, and the rule of law (liberal democracy).
2. Communism/Socialism: Advocated by the Soviet Union and its allies in the Eastern Bloc. This ideology is characterized by:
- An economic system where the means of production are owned and controlled by the state, aiming for a classless society (communism).
- A political system typically involving a single-party state that exercises total control over the government and the economy.
Step 3: Final Answer:
The two main political ideologies during the Cold War were Capitalism (led by the USA) and Communism (led by the USSR).