Marxist Theory of International Political Economy - Essay Example

Marx developed his theory based on the existing economic, social and political scenario through a series of economic manuscripts in the 1850s.... In the age of globalization, the world changed its systems in social interaction, economic developments, lifestyle, administrative system, and international relations....

The abandonment of the Marxian approach in postcolonial scholarship has usually been counteracted by the spontaneous rejection of the whole discipline of postcolonial theory by Marxist scholars.... Name Name of Professor Relevance of Marxism in Postcolonial Scholarship Introduction There have been very few direct, thorough discourses between postcolonial scholars and Marxists....

?? The marxist theory accurately explained globalization as a phenomenon wherein the world comes together in order to create a system that is conducive to profit making and wealth accumulation.... The position is that nation-states are rendered helpless as globalization forces wrest control of the social, economic and political spheres.... It established how the economic organization of society defines and control the political and social system (Neack 2003, p21)....

This paper discusses the relationship between Marxism and the financial crisis in respect to the Chinese economy.... I will also analyze some view points about Marxism and the global financial crisis, as relates to the Chinese economy.... It seems there is a transition of beliefs about the effects of Marxism on the Chinese economy.... They believe that the evolvement of capitalism in a state-controlled economy, under the supervision of the Communist Party will have great results....

One outstanding characteristic of Marxism is its elevation of economic relationships above other social relationships such as political and ideological.... Orthodox Marxism was the overriding philosophy during the second international, up to First World War and thereafter.... The paper "Differences between Western Marxism and Orthodox Marxism" highlights that Western Marxism theory took issue with the reductive character of Orthodox Marxism theory, which interpreted social life as nothing more than economic interests....

The nature of international politics determines the level of a country's economic growth.... The Marxist theorists focus on the exploitive nature of international relations among countries in different economic levels.... The neo-Marxists explore the benefits of international relations in the society that promotes equality among nations in the world.... The integration of economic factors in concept of international politics is essential in promoting international relations ...

This coursework "marxist theory of Recording Art History" focuses on Marxist art history theory.... With the end of communism in Soviet Union and the prevalence of capitalism especially in America and Europe, this political perspective of Marxism has continued to grow weak.... In fact, some scholars have argued that the political ideology of Marxism becomes obsolete in the modern world.... However, taking this narrow perspective limits a broader understanding of the implications of the Marxism theory....

"Who am I now to believe, political economy or ethics?... It stems from the very nature of estrangement that each sphere applies to me a different and opposite yardstick – ethics one and political economy another; for each is a specific estrangement of man and focuses attention on a particular field of estranged essential activity, and each stands in an estranged relation to the other.... Here, paucity does not necessarily preclude quality but rather it should be noted that few marxist theory does not offer a clear approach to international relations....