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Create a 7 page essay paper that discusses Marxist Political Economy.The first premises have a fundamental basis in the existence of human beings as the basis of the theory. This premise underlines th
Create a 7 page essay paper that discusses Marxist Political Economy.
The first premises have a fundamental basis in the existence of human beings as the basis of the theory. This premise underlines the importance of understanding how human beings are physically organized and how human beings relate to nature and among themselves in the economic organization of a particular society. Marx posits that as soon as men are born, they distinguish themselves from other animals by engaging in productive activities for subsistence. This production for subsistence heavily relies on the type of means of subsistence that men find available to them at the beginning and have to replicate by reproduction. Marx explains that this activity of production is not abstract, but rather a definite activity that shapes the way of life of men using a particular method of production. As population increases, production will also be increased due to the demand created by this increase in population. Inevitably, people have to relate with one another in order for the production process to be carried on without conflicts and to run smoothly. In this regard, Marx again states that the relations among people are dependent on the nature of production they are engaged in.
At the highest level of relations, it is no longer relations among individuals but includes how nations relate with other nations and the internal relations between citizens. Nation to nation relationships are ordered by the levels of specialization each country has achieved in production leading to division of labour.