English UK In an attempt to offer a better explanation to international political economy, observers in international relations have made use of diverse theories and perspectives. Among the most notable theories include Liberalism and Marxism. The two theories differ with regard to varying factors and components that impact on global integration. Liberalism is based under the idea that giving people maximum freedom and liberty would help eliminate authoritarian political regimes, achieve higher levels of democracies, reduce civil wars and civil unrests and as result achieve global peace and prosperity.
Government There have been many ways man has lead man throughout history. Some chaotic and involved a lot of blood. Others have lead society into greatness and peace.
One form of government is liberalism which comes from the word of freedom, liberty. There are two types of liberalism, classical and modern liberalism. Classical liberalism contains roots from Jock Locke of the seventeenth century and Adam Smith of the eighteenth century.
Modern liberalism had been tinkered and modified by theorists like Jane Adams and T. Socialists view was meeting basic needs of the entire society, thus the name socialism.
Two types of socialism include Marxism-Leninism and social democracy. There are key differences between classical and the new defined modern liberalism. In classical liberalism, the people are more important than the state.
People have their own rights and the sole purpose of government is to protect and enforce that. Individuals are capable of making their own decisions which makes them capable of autonomy. One of the big differences is the outlook on economy. Economic inequality is great, it encourages those at the bottom of the economy to work harder which is the fuel of our economy.
That encourages immigrants with nothing to get to the top of the economy. Classical liberalism also encourages the economic freedom to freely sell services. Modern liberalism looks at economics from a social point of view.
There should be welfare to help those with lower incomes, that way there is more equality in the social workforce. Their views on government are that it should be involved with individuals and social life to prevent people from denying freedom to others.
Modern liberalism looks at liberty from a broader view. It seeks out ways to hone human potentials and contribute to the society. Instead of fitting the needs of individuals, it fits the needs of the society as a whole.
There are two views of socialism, Marxism-Leninism and social democracy. Marxism-Leninism is about having a centralized vanguard party and that there is no need to be ran through a peaceful and lawful political participation.
As for social democracy, socialism is run through a peaceful and lawful political participation. Democracy and socialism in this view run very consistently with each other. Government promotes economic equality no more or less than it promotes political equality.
Marxism-Leninism does not run political equality the same as social democracy. Their development of capitalism is influenced by imperialism.Most textbooks on international relations (IR) characterize liberalism as one of the main theoretical schools of the IR field—typically alongside realism and perhaps some other less mainstream approaches like international society, Marxism, constructivism, or feminism.
Published: Mon, 5 Dec Liberalism is a philosophical, political and economic theory, and ideology that emanates from the position that individual freedoms are .
View Essay - Liberalism vs. Marxism essay from PS at University of Oregon. Question 2 Nick Hinman PS Fall 07 th The political economic theory presented by 50%(2). Liberalism is bent towards political economy while Marxism is more concerned with economics and maximization of profits.
Liberalism believes in equal rights and individual liberty as Marxism supports the ideology of differentiation of social class and struggle to achieve higher order social class. Compare and contrast the ideas of Liberalism and Marxism in Global Political Economy In this essay, I am going to compare and contrast the ideas of Liberalism and Marxism.
Using references from online resources and gathering research from books in relation to both subject areas, I will aim to distinguish and explain the key elements and values.
Marxism And Economic Liberalism A Comparison Politics Essay. Print Reference Liberalism and Marxism are among those political philosophies that have become popular in some countries as the principal forms of political principles.
If you are the original writer of this essay and no longer wish to have the essay published on the UK Essays.