Monday, August 10, 2026 01:57 PM

MCC and the US doctrine

By Nirmal P. Acharya

The recent release of Epstein’s trial documents in the US has shocked the world with the extent of corruption in the upper echelons of American society. On the other hand, documents released by the Central Committee of the Communist Party of China have also clarified that there is serious corruption in Chinese society, and more than 1.6 million Party officials have been investigated for criminal responsibility for corruption in the past decade. The Communist Party has called for a “self-revolution” within its ranks and stressed that it will always blow the whistle on the fight against corruption.

Who will win the Great Game of the Century between China and the US? One important point to consider is to see who can curb corruption more effectively. To put it bluntly, the dispute between China and the US is actually a dispute over systems. Which is better, the socialist system represented by China or the capitalist system represented by the US?

In the early 1990s, the Soviet Union collapsed. This seemed to declare the failure of the world socialist movement, and for a moment, the US became a beacon for the world.

But I still remember that after the collapse of the Soviet Union, the socialist movement in Nepal went against the world trend at that time and set off a climax, and a Marxist socialist party seized power. Under the historical conditions at that time, the achievement of the socialist party in Nepal was a miracle. There are so many wonderful characters and stories!

The political and social upheaval that followed, however, is unspeakable. But the visible fact is that a political force that can lead Nepal to prosperity has so far failed to emerge, and the question of whether Nepal should follow a socialist or capitalist path remains unanswered.

However, the decision to accept the terms of the MCC after a long struggle shows that our ruling party expects more from American ideas and institutions. It could be argued that the socialist party currently in power in Nepal is already a revisionist party. 

The views expressed in this article are the author’s own and do not necessarily reflect People’s Review’s editorial stance.

 

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