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When did Marxism emerge
19th century
By Hobson and Lenin
Theorising marxism after WW1
What did marxism emerge from?
Industrialisation
Capitalism
What was the concern around COVID vaccines
Priority of developed countries
Unequal distribution
Deepened inequality and health gap
Vaccineās exposed what about the international system in health governance?
competition over cooperation
When is the historical origin of Marxism?
1857 - worldwide bank crisis
How many banks collapsed in 1857?
1,400 in America
What were the new factors at work during this crisis?
Global interconnected systemĀ
Market
Uneven development
InequalitiesĀ
What was criticised about Marx and Engels
That their theory had a āgeopolitical deficiencyā
= a gap in how geography, state power & IR affected capitalismĀ
ā> they saw capitalism as linearĀ
What was Marxism a response to?
Adam Smith and Cobdenās commercial liberalism
How was Marxism applied to IR
By theorising imperialismĀ (Hobson, Hilferding, Lenin)
Who emerged in the inter war period
Gramsci
What did Gramsci create
The Critical Theory = how Marxism could explain international theories
Hegemony
Where are these theorists categorised?
Dependency TheoryĀ
What is the Dependency Theory
That the global capitalist system is unequal
The poor are poor because the rich exploit them
What are the 3 core assumptions of Marxism?
Historical materialismĀ
Social classes
Internal Capitalist System
Why is historical materialism important?
the history of the production processĀ
modes and relations of production shape politicsĀ
changes are a reflection of the economic developmentĀ
Why are social classes important
Social classes are the main actors
States are executing agents of capitalist elites
Transnational actors
Economic factors shape IR
Why is the global capitalist system important
Hierarchal international system
Influence on the structure of the global system
By-product of imperialism
Global distribution of means of productions drives state behaviour
Opportunities for some states, constraints for others
What divide happened to Marxism after WW2
Divided into 2 branches:
Builds on Gramscian notion of hegemony
Focuses on world system theory = perception of the global economic system being organised by core, periphery, semi-periphery
From Imperialism to dependency. What were Marxists the first theorists of?
Globalisation
Provide an example of a theorist who linked capitalism with imperialism
Rhode -Ā āthe scramble for Africaā - benefited from colonialismĀ
According to Hobson, globalising capitalism and imperial power happened because of:
Overproduction (industries)
Oversavings (elites & capitalists)
Underconsumption (powers)
What was the solution to the issue caused by globalising capitalism and imperial power
Expansion
New markets & wage competition
Development of financial capital
State intervenes to support bourgeoise
According to Lenin, imperialism is the highest form of_____?
Capitalism
What relation did Lenin find between capitalism and imperialism?
Increasing capitalist accumulation led to colonial expansion
What result did increasing capitalist expansion have?
further expanded the west monopoly of the industrial-financial capital
What happens when imperialist states rise?
ālaw of uneven developmentā
inter-imperialistic rivalry source of conflict (WW1)
What is the origin of the Latin America Dependency School?
Marxism and Leninās global unequal theory
What does the Latin American Dependency School discuss
How development of the periphery depends on the Core
= core has global markets that exploit the Periphery for cheap labour, natural resourcesā¦
Who created the World System Theory?
Wallerstein
What is the World System Theory
IR takes place within a world capitalist system since the 16th century
What did Wallerstein do?
Transnational division of labour into core, semi-periphery and periphery
What does the location of states determine?
Their relations and foreign policies
What does the World System Theory outline about the relationship between the core and the periphery
The core exploits the peripheryĀ
What is Gramscianism
A theory by Gramsci that builds on Marxian traditions
What did Gramsci focus on?
Why states accept the unequal system and the failure of workers revolutionsĀ
What did Gramsci reject
Economic determinism of Marxism (core, semi periphery, periphery)
What did Gramsci give a greater emphasis to?
Subjectivity
Culture
Ideology
ā> constructivism?
What was his main contribution to Marxism?
a new theory of hegemony
What type of power is a hegemon
a more subtle form of political power
rests on consent of the working class, not just coercion
Who used Gramsciās concept of hegemony and to understand what?
Cox
understand emergence ofĀ āWorld Orderā
What is meant by āWorld Orderā
That neorealism and neoliberalism reinforce the status quo
What are some ruling hegemonic ideas
Washington Consensus
NeoliberalismĀ
How is the global system rigged?
states are supposed to make up the international system
but IOās play a large role in maintaining stable politics & economic relations between independent statesĀ
= belonging to IOās curbs the power of members, especially weaker states
=Ā international economic order rests on deep inequality & on the infringement of sovereignty of the weak
What types of interferences are found in in domestic affairs?
external interferences
What happens after the provision of funds
increasingly tight conditions placed on domestic policy
What does cross-country business interests ensure?
secure property rights
low taxation
independence of central banks across borders
How is Marxism perceived today?
As though it is fading after US hegemonic ideas have expanded globallyĀ
How is US global activism explained?
it is the ācoreā of the core in global structure
How has the US favoured its interests
pushed capitalist world order
through strategic ideologies of economic security (access to resources, freedom of navigationā¦)
How are transnational actors relevant?
global business class
transnational defence-industrial class
transnational civil societyĀ
What is happening to inequalities as a result
they keep growing
What are 2 limitations of Marxism in IR?
Economic determinism?
Ignoring important factors
What is economic determinism?
Is the political sphere always shaped by economic forces?
Are classes the main actors in IR
Reductionist view of the state
What is meant byĀ āignoring key factorsā?
Politics & ideology
Nationalism (vs. transnationalism)
Resilience of the state as a major actor in IR
Military power