Assertion (A): The emergence of economic globalism does not imply the decline of socialist ideology. Reason (R): The ideology of Socialism believes in universalism and globalism. In the context of the above two statements, which one of the following is correct?

- Assertion (A): Economic globalism involves increasing economic interconnectedness (trade, finance, production) across national borders. While often associated with capitalism, socialist ideology, which advocates for social ownership, economic equality, and state intervention, does not necessarily become obsolete or decline purely because of economic globalism. Socialist principles can be advocated or implemented within national economies participating in the global system, or socialist critiques of global capitalism can emerge. Thus, A is true. - Reason (R): The core tenets of socialism, particularly its historical Marxist roots, include internationalism and a focus on the global solidarity of the working class ("Workers of the world, unite!"). This perspective inherently embraces universalism and a form of global outlook, albeit one focused on class struggle and a global transformation towards socialism. Thus, R is true. - R is a correct explanation of A because socialism's inherent universalist and globalist perspective means that economic globalism is not fundamentally alien or contradictory to the ideology itself. While economic globalism as practiced might often be driven by capitalist logic, the socialist ideology, with its global aspirations and internationalist principles (R), can still be relevant and does not automatically decline (A) in the face of increased global economic integration.