Is capitalism a positive or negative force in International Relations?

Type :

Presentation

Pages :

5 pages

Format :

.pdf

Published date :

07/20/2006

Category :

Political science

Sub category :

International relations

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Summary :

Introduction
Definition of capitalism
Supporters of capitalist ideology
1. Defending the capacity to enhance progress and development
2. Tthe implantation of industries in third world countries
Marx and his criticism of capitalism
1. Third world countries forced into entering the global economy
2. Benifits of the neo-liberal project and its capitalistic aims
The spread of capitalism throughout the globe and the immiseration of the third world
1. Being trapped in a position of dependency
Anti systemic movements of counter globalization
Conclusion
Bibliography

Abstract

In 1995, the 200 most powerful multi-national corporations controlled approximately one third of the world GNP The turnover of these companies sometimes exceeds the GNP of some countries: one example is General Motors which with a turnover of 132 billion dollars surpasses the GNP of Indonesia. Confronted with the power of these companies, one must acknowledge their importance in international relations, in the context of a capitalist world economy. capitalism is "an economic system in which all or most of the means of production and distribution are privately owned and operated in a relatively competitive environment through the investment of capital to produce profits" . Since the collapse of communism following the fall of the Berlin wall in 1989, capitalism has become the hegemonic ideal and the dominant economic trend. Criticism of this ideology however, has not ceased, considering that nearly half the world's population (2.8 billion people) live on less than US$2 per day. This raises the question of whether capitalism is a positive force in international relations and what are its consequences for both developed and third world countries.