Marxism And Economic Theory

This essay Marxism And Economic Theory has a total of 1985 words and 10 pages.

Marxism and Economic Theory

Human relationships have always been dynamic. Change and
adaptability have gone hand in hand with the passage of time for human
society. Systems have been developed to regulate, direct and control
the resources of this society. The systems are referred to as
governments and the resources as the populace or inhabitants and
forces of production. A government must be dynamic in its nature
reflecting the change in society. At times these systems have resisted
the necessity to adapt with its components (Society) creating a
deficit between the system and those it regulates. As the deficits
develop, they cause instability, and could lead to revolution.1
Theories have been developed to explain the systemic
phenomenon called revolution. This paper will discuss three modern
theories and apply them to the English revolution of 1640. The first
theory, developed by Carl Marx (Marxism), will address the economic
evolution in English society. This theory will emphasize and explain
how the shift from a feudal/mercantile system to capitalism affected
English society. The second, called the Resource Mobilization Theory
(RMT) developed by Charles Tilly, will explain how the English
organizations (the Crown and the Parliament) effectively obtained,
amassed and managed resources. Samuel Huntington's, "Institutional
Theory", will argue that the existing government at that time was
unable to incorporate the demands and personnel that the
socio-economic changes created.
Marxism was formulated in the 19th century. Carl Marx and his
associate Frederick Engels observed the socio-economic changes that
were transpiring in Britain. England was the dominant world power and
had the largest industrialized economy during the 1800's. The
development of the factory and the institution of the assembly line
created a large demand for workers. This demand was satiated by
migrating peasant from the rural areas in England and Ireland to
developing urban centers. As these urban centers or cities evolved
using industry as the economic backbone for the population, a large
number of factory workers were accumulated to operate the machinery in
horrid conditions. These workers, which would be termed as the
peasantry under a feudal system, were now the working class or
proletariat. They entered cities with hopes of bettering their lives
and survival. Though revolution never took place in England during
this period

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