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Notes on the main analytical insufficiencies of the Marxist theoretical tradition for the comprehension of the contemporary global economy

Journal of Economic and Social Thought

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Title Notes on the main analytical insufficiencies of the Marxist theoretical tradition for the comprehension of the contemporary global economy
 
Creator VLADOS, Charis;

Department of Economics, Democritus University of Thrace, Komotini, Greece

 

 
 
Subject Marxism; Neomarxism; Marxist adjustments; Marxism and globalization; Criticism on Marxism.
B14; B24; B51.
 
Description Abstract. This article aims to analyze how the Marxist and neomarxist approaches demonstrate a relative difficulty in understanding and interpreting the dynamics of the modern world economy (globalization). We attempt in particular to explore the interpretive capabilities and shortcomings in the approach of globalization that stem from Marx’s thought and his followers. We present, in particular, the theoretical contribution of Marx in the study of the internationalized capitalism of his era, the interpretation by Lenin based on the concept of imperialism, the subsequent developments and adjustments in the Marxist analysis of the internationalized developmental phenomenon, as well as some contemporary interpretations that link Marxism and neomarxism with globalization.Keywords. Marxism, Neomarxism, Marxist adjustments, Marxism and Globalization, Criticism on Marxism.JEL. B14, B24, B51.
 
Publisher Journal of Economic and Social Thought
Journal of Economic and Social Thought
 
Contributor —
 
Date 2019-10-12
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEST/article/view/1942
10.1453/jest.v6i3.1942
 
Source Journal of Economic and Social Thought; Vol 6, No 3 (2019): September; 132-155
Journal of Economic and Social Thought; Vol 6, No 3 (2019): September; 132-155
2149-0422
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEST/article/view/1942/1932
 
Rights Copyright (c) 2019 Journal of Economic and Social Thought
http://creativecommons.org/licenses/by-nc/4.0