Political Science POLS-Y 219 Lecture Notes - Lecture 10: Structural Adjustment, Conditionality

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Marxist-inspired theory (radical or structural: collapse of the soviet union, skepticism, problems. Feared capitalism ability to adjust and respond to problems. Revolution: capital system is riven with danger, contradictions, marxist theory is more relevant today then it was then (argument) The central activity in any society has always economic production. Questions have to be asked in the context of economics/production. No analysis of international relations is possible without reference to capitalism. Marxist believe capitalism is inherently riven with problems, contradictions, instability and the crisis keeping getting bigger. Capitalism destined for collapse: marxist theory believes that other theories do not talk about and think about capitalism which marxist theory has a main focus on it, capitalism has fundamental qualities, one capitalist will kill another capitalist. -marx. Appreciated capitalism fundamental and created wealth, but it is fundamentally riven with contradictions and instabilities: 3rd level-structure of the entire system.

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