This study took ancient and modem Olympics into account for a historical review of the Olympic game. It has come to following Conclusions in consequence of analystic study focused on the Oly-mpicism and current realistic issues revealed through Olympic games and realism. First, The Olympic game is believed to contribute in build-up world peace, mutual understanding and promotion of amicable relationship between countries around the world. There fore, when the Olympicsim with reference to the Educational Philosophy oriented from Pierre Coubertin becomes well understood and comes into practice by the world countries. The Olympicism will be understood that it will a big role in Keeping with world peace and promotion of International Friendship universely. Second, In recent, the Olympicism is becoming contaminated by the international realism throughout the world, How ever, growing anxiety is coming into existence to protect it from being politically conta-ininated. On this context, countries have been called to attention to work out current issues as well as to recognize the reality of problems on the basis of mutual understanding Therefore. Olympic Games are believed to play a role for rendering its service to prosperity of man kind thru efforts in keeping harmony with it’s ideal and realistic balance.