Marxism Of The Cold War And The Triumph Of Capitalism

Marxism has found great appeal as a political thought for several class-based revolution and have been the theoretical basis for the policies and politics of several regimes across the world. However, most governments and rulers have interpreted the political writings of Marx in their own way and consequently; several of the policies of these so-called Marxist states are often dramatically different and conflicting from the basis of Marxism. Since the end of the Cold War and the triumph of capitalism, it became commonplace to assume that the ideas of Marx could be safely consigned to the dustbin of history. They needed an alternative to capitalism after the failed experiment of the Soviet Union, and after two decades of this, there appears to be a renaissance. Marx theories were seen excessively concerned with the role of economics in determining all aspects of social and political relations, as well as excessively pessimistic, offering few means of genuine escape from the capitalist system. The basic tenet of Marxism is that the world is divided not into politically determined nations but into economically determined by classes. Consequently, politics does not supersede economics, but rather economics trumps politics. The various Marxist theories of international relations agree that the international state system was constructed by capitalists and therefore serves the interests of wealthy states and corporations, which seek to protect and expand their wealth. TheShow MoreRelatedKarl Marx And Its Impact On Society1306 Words   |  6 Pagesone of Capitalism. Under this economic and political system, there is a private ownership of production and consumption, as well as a free market for goods and services. 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