An examination of the perspectives of realism, liberalism and Marxism on the international political economy.
Written in 2009; 2,877 words; 7 sources; MLA; $ 85.95
Paper Summary:
This paper discusses today's international political economy. It compares the rival political philosophies of the modern world - realism, liberalism and Marxism. It discusses the differences in their outlook on current conditions and possible or desirable directions. The paper then discusses whether a new order is forming and if it can be considered truly global, democratic and free market.
From the Paper:
"Globalization appears inevitably to be replacing the old system of independent nation states. On an economic level, this means that relations that once appeared to concern only those who resided in a particular place and under a certain jurisdiction, now affect countless others in locations across the planet. Theorists of different backgrounds have wrestled with the dynamics of creating and maintaining a workable world order. Much of the Westphalian system came out of old fashioned, hard-nosed Realist thinking. States, like people, operated for their own selfish interests. Karl Marx and his followers changed this emphasis by drawing attention to the plight of the vast numbers of dispossessed. They reasoned that the continued oppression of the masses through the economic exploitation of the few, would lead inevitably to class warfare. This class warfare, writ large, appears to be with us now on the global stage. Terrorists and other discontents threaten the traditional hegemony of the West and its capitalist free market system."
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