International Capitalism - 1455 Words

Globalization may be an overused word, although the new version of international capitalism is still so recent that the actual system on the ground has outrun the scientific and theoretical vocabulary that describes it. As a system, international capitalism is rapidly eliminating geographical and political boundaries, as Marx predicted in the 19th Century. In the global, postmodern economy, branding also involves relentless synergy and tie-ins between various diverse lines of products. Films and cartoons market their images to toy companies, fast-food restaurants and cereal manufacturers, generating billions of dollars of revenue annually, as does the commerce in seeds, genetic materials and even human body parts. Western science and technology have been synonymous with modernization and development in India and other Asian nations, even though this paradigm ignores the historical and cultural that has existed in many civilizations over the centuries. In No Logo, Naomi Klein was highly critical of globalized capitalism and the consolidation of giant corporations and highly standardized brands and chain stores like Wal-Mart, the Gap and Starbucks. All of these companies are not attempting to become that one overarching brand under which we consume, make art, [and] even build our homes (Klein 1999, 2009, p. 130). Even the retail outlets are completely uniform and clone-like, with one Kinkos, Blockbuster or McDonalds looking basically like any of the others. By 1998,Show MoreRelatedHow Relevant Is the Marxist Critique of Capitalism to the Analysis of the Modern International System?2040 Words   |  9 PagesThroughout the past century, the modern international system has been characterized by dominant practices in all of its distinct sectors. In the economic sector, capitalism has been a key economic activity since the 16th century in the form of mercantilism (Encyclopà ¦dia Britannica Online 2014). Since then, capitalism has evolv ed to become the principal economic model in the modern international system in the form of neo-liberal capitalism. For this reason, it has been shaping, and continues to shapeRead MoreMarxisms Tools for Contemporary International Relations Essay1619 Words   |  7 PagesEastern Bloc, the enduring ideological conflict between communism and capitalism was seen to come to an end. The global order has since entered into a neo-liberal capitalist era, with neo-liberal ideologies characterizing the various dimensions of the global order, such as international politics and economics. As the world is homogenizing into neo-liberal capitalist orders, the rich substances of the Marxist school on international relations seem rather distanced. However, this essay will argue theRead MoreKarl Marx And The Communist Manifesto Essay1691 Words   |  7 Pagesof Marxism, its development, critiques, and both the dependency theory and critical theory. Marx closely analysed the economic interactions within the capitalist community, arguing that the unfair wages were being distributed to workers due to capitalism being driven by profit. This is known as the ‘Labour Theory of Value’. This theory illustrates how the rich are becoming richer and the poor and being coming poorer. For example, in 2015, at the top end of the spectrum, 34 million people dominateRead MoreCapitalism : The Highest Stage Of Capitalism1538 Words   |  7 PagesSince Vladimir Lenin was a Marxist and socialist he was opposed to global capitalism, and his book of Imperialism: The Highest Stage of Capitalism points out some of his main arguments regarding the capitalism as a whole. He regarded World War 1 as an imperialist war, caused by pressures that arose from an immediate development of several European empires. The central nations of capitalism participated to expand their exploitative sphere, which led to the conflict of interests and eventually producedRead MoreAnalysis Of The Article Land s End : Capitalist Relations On An Indigenous Frontier ``1558 Words   |  7 PagesIndigenous Frontier†, which was published in 2014; an article in the Journal of Peasant Studies, among other things, entitled â€Å"Food Sovereignty: A Critical Dialogue†, and to give an interesting lecture at the University of Toronto Scarborough entitled â€Å"Capitalism from Above and Below†. The article explores how the Sulawesian people went from producing the food they needed to survive to planting cacao as a cash crop which they sold to survive (Li, 2014). After reading her article and listening to her lectureRead MoreImperialism And Consumerism1365 Words   |  6 Pages Imperialism as a driving force behind the structures of capitalism and consumerism has stood as an extremely powerful tool taken on by many influential economic world powers. The occidentalist concept of importing goods for consumption from less developed peripheral nations, in recent history, has become a concept with heavy influence. This idea of creating a production dichotomy has become foundational to the modern and increasingly connected world and its means of efficient production by trade;Read MoreCapitalism And The Need For Rebellion And Protest1731 Words   |  7 PagesNational University Melodee Stewart HIS 320 Capitalism and the Need For Rebellion and Protest The culture of capitalism emerged from 1450-1930, is defined as, â€Å"culture of capitalism as sets of relations between capitalists, laborers, and consumers, each depending on the other, yet each placing demands on, and often conflicting with, the others† (Robbins). The culture of capitalism is based on the production and sale of commodities. This society and culture function with dedication to the idea thatRead MoreAdam Smith And Karl Marx1674 Words   |  7 Pagesthat produced neoliberalism. In this context, Marx and Marxism are utilized to expose and deconstruct the shortcomings of both liberalism and neoliberalism and their limits in providing solutions to the structural symptoms of liberal and neoliberal capitalism. Adam Smith was key in articulating early Enlightenment liberalism as an alternative to the increasing state powers and their subsequent involvement in regulating not only markets but also individual liberties. For Adam Smith, the free flow ofRead MoreThe Cold War And The International Political Economy1076 Words   |  5 Pages The Cold War and The International Political Economy in the 1970s The article that is going to be reflected in the following paragraphs attempts to describe the connection between the Cold War and the transfigurations of the political economy throughout that time period. In doing so, the article, â€Å"The Cold War and The International Political Economy in the 1970s†, examines various forms of scholarly literature on the topic. Often times, the Cold War and international political economy are disconnectedRead MoreDo Marx s Views On Capitalism Provide Any Insights Into Economic Globalisation Today? Essay1187 Words   |  5 PagesDo Marx s views on capitalism provide any insights into economic globalisation today? Emma Hentschel ID : 216152064  Do Marx s views on capitalism provide any insights into economic globalisation today? Globalization in one of the main driving forces within today s modern world. It is the historical process and transformational development in the global arena, where growth and establishment of global connections in the international community continues to evolve. It is a widely used phrase