Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Marxist Political Economy - Essay Example

Comments (0) Cite this document
The materialist method is a theory developed by Karl Marx to explain how the society and its economy are organized. This essay lucidly examines how Marx explains the impact of the change in material conditions on the organization of a society’s economy…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.5% of users find it useful
Marxist Political Economy
Read TextPreview

Extract of sample "Marxist Political Economy"

Download file to see previous pages The first premises have a fundamental basis in the existence of human beings as the basis of the theory. This premise underlines the importance of understanding how human beings are physically organized and how human beings relate to nature and among themselves in the economic organization of a particular society. Marx posits that as soon as men are born, they distinguish themselves from other animals by engaging in productive activities for subsistence. This production for subsistence heavily relies on the type of means of subsistence that men find available to them at the beginning and have to replicate by reproduction. Marx explains that this activity of production is not abstract, but rather a definite activity that shapes the way of life of men using a particular method of production. As population increases, production will also be increased due to the demand created by this increase in population. Inevitably, people have to relate with one another in order for the production process to be carried on without conflicts and to run smoothly. In this regard, Marx again states that the relations among people are dependent on the nature of production they are engaged in.
At the highest level of relations, it is no longer relations among individuals but includes how nations relate with other nations and the internal relations between citizens. Nation to nation relationships are ordered by the levels of specialization each country has achieved in production leading to division of labour. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Marxist Political Economy Essay Example | Topics and Well Written Essays - 1750 words”, n.d.)
Marxist Political Economy Essay Example | Topics and Well Written Essays - 1750 words. Retrieved from
(Marxist Political Economy Essay Example | Topics and Well Written Essays - 1750 Words)
Marxist Political Economy Essay Example | Topics and Well Written Essays - 1750 Words.
“Marxist Political Economy Essay Example | Topics and Well Written Essays - 1750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Marxist Political Economy

Political Economy of Media

...? Political Economy of Media Does the technological revolution change the basic rules of media economics? The technological advancement in the 21st century has had a positive impact on the media economics. A study carried out in over 200 European cities shows that the economic growth was higher in the cities that embraced technology. The era we are in now is marked by globalization technological revolution and democratization, all these areas in one way or another impact media and communication. McChesney observes that the technological revolution does play a defining role in the media industry. He also looks at the economic and cultural globalization and their relation with the global commercial market...
9 Pages(2250 words)Essay

Subject political science in 1989 some observers claimed that marxism was obsolete. What if any analytical insights can marxist political economy still provi

...Marxist Political Economy Introduction This historical connection f Marxist theory with conflicttheory presents an interesting paradox f a Marxism reared in the womb f theoretical structures to which it was, and is, seemingly largely opposed. Marxist theory has in common with conflict theory an interest in explaining both law and criminal justice but rejects the multi- group conflict image f society and endorses a power- elite model f society, in which social, economic, and political power has been concentrated into the hands f a small ruling class in late-stage capitalism. The history f 'civilized' society, for Marx, has been the...
8 Pages(2000 words)Essay

Political Economy

...What does the 'political economy' approach to the study of the Creative and Cultural Industries involve What are its advantages and disadvantages Introduction The world economy in general and the national economies in particular, in twenty first century, are more or less dominated by post-industrial knowledge-based exchanges. Primary production or manufacturing is becoming decreasingly important sectors of the postmodern economy. The importance of cultural industry is not merely limited to its economic capabilities (which is, of course, relatively strong); but also to the prominent role it has on the making and unmaking of peoples' identities,...
15 Pages(3750 words)Essay

Political Economy

...INTRODUCTION: In this essay, I am going to look at some of the major economic theories and their assumptions especially on the need and role of government action or involvement in the economy. This analysis is based on a review of john Freebairn of the Australian car manufacturing industry. Markets are generally a system of social arrangements that allow people to gain information regarding goods and services. In addition, markets provide a framework where people voluntarily exchange their goods and services for an agreed compensation. ANALYSIS: In analyzing the Australian manufacturing industry, Freebairn uses a combination of the Keynesian and the neoclassical theories to drive his point home. The Keynesian theory,...
2 Pages(500 words)Essay

Is the Marxist critique of capitalism still relevant in the contemporary global political economy

..., New York and Tokyo have emerged as the power centers, courtesy the rapid surge in globalization. These cities are now in a position to control the worldwide economic scenario, much against the aspect of egalitarian economy supported by Marxist thought. (3) Perhaps, the biggest criticism of contemporary Capitalistic economy, from the perspective of Marxist Philosophy is, the state has now been transformed into a transnational one comprised of various powerful economic and political groups. That the same is very much against the principle of economic equality warrants no special mention (3) Emergence of New Kind of Global Capitalism From the point...
4 Pages(1000 words)Essay

Response to liberalism and racial justice

... range of issues, which unreasonably and negatively impact individuals of color (Pilling 59). These strategies are demonstrated by political ideologies in United States especially between Republicans and Democrats. Democrats adopt liberalism strategies through social welfare programs and regulatory frameworks, which aims at addressing the grievances of the lower and middle classes. Republicans aim to dismantle these regulations and programs, and this consistently agitates racial tensions, which are habitually entrenched in class stratification. Works Cited Pilling, Geoff. Marxist Political Economy: Essays in Retrieval: Selected Works of Geoff Pilling. New York: Taylor & Francis, 2012. Print.... Response to Liberalism and Racial Justice A...
1 Pages(250 words)Essay

Political Economy

...and at the same time influencing an increased focused on Environmental pollution. The increase in recession and population growth has had a trickledown effect and things have been getting worse as time has gone by. The primary focus of this thesis will be the effects recession and population growth have on triggering income inequality as well as environmental pollution. Financially, the last decade or so has been a debacle for most countries around the world. The term recession has posed as a pest for most economies and has derailed the massive progress the world was making. Money was being flown out of the economic system that was being injected into it. Supplies were not meeting demands and inflation reached its...
6 Pages(1500 words)Essay

Global Political Economy a Marxist Critique realism is limited to states as the only actors in the international arena. Bibliography: Cabrera, L. G. (2011). Global governance, global government institutional visions for an evolving world system. Albany: State University of New York Press. Dunn, B. (2009). Global political economy a Marxist critique. London: Pluto Press. Franceschet, A. (2009). The ethics of global governance. Boulder, Colo.: Lynne Rienner Publishers. Hurrell, A. (2007). On global order power, values, and the constitution of international society. Oxford: Oxford University Press. Lee, S. (2007). Neo-liberalism, state power and global governance. Dordrecht: Springer. Muldoon, J. P. (2011)....
10 Pages(2500 words)Personal Statement

Political Economy

...Political Economy Nash equilibrium In the first game, player s best response is in UL where he gets 3 pay offs. This is his best response since3>2. At the same instance, player B has his best response of 4 payoffs (4>3 and 3>2). In the second game. At the same point (UL), both players have their best responses. For player 1, 3 payoffs (3>2) while for player 2, 4 payoffs (4>0). Nash equilibrium exists when player 1’s best response is the same as that of player 2. At (UL), both players have their best responses. 2. Condorcet winner and loser Following these election results, candidate A is the Condorcet winner. This is because in the two instances that A is the preferred candidate (ABC and ACB), the...
2 Pages(500 words)Assignment

Political Economy

...Topic: POLITICAL ECONOMY Historically, the United s of America had the responsibility of dictating the rates of tariffs on goods brought to the country. The tariffs played a key role because it was among one of the main contributors of the government revenues. The congresses participated in serious debates in order to harmonize the rates of tariffs as it favored traders from a particular religion. The head of state was also assigned the responsibility of coming up with trade agreements and policies with other trading partners using his political influence. However, there were two landmark legislations that revolutionized the laws that guided trade in the United States of America. In 1930...
5 Pages(1250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Marxist Political Economy for FREE!

Contact Us