World revolution is a concept.
 In the 1980s and 1990s there was a return to right-wing, economically conservative ideologies (spearheaded, among other examples, by Thatcherism in the United Kingdom and Reaganomics in the United States) and free-market reforms in China and in Vietnam
Student and worker revolts across the world in the 1960s and early 1970s, coupled with the Chinese Cultural Revolution, the establishment of the New Left together with the Civil Rights Movement, the militancy of the Black Panther Party and similar armed/insurrectionary "Liberation Front" groups, and even a bit of a resurgence in the labor movement for a time once again made it seem to some as though world revolution was not only possible, but imminent; thus, there arose a common expression, "The East is Red, and the West is Ready"

