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Unformatted text preview: • One notable Marxist approach to international relations theory is Immanuel Wallerstein's World-system theory which can be traced back to the ideas expressed by Lenin in Imperialism: The Highest Stage of capitalism. World-system theory argues that globalized capitalism has created a core of modern industrialized countries which exploit a periphery of exploited "Third World" countries. These ideas were developed by the Latin American Dependency School . "Neo-Marxist" or "New Marxist" approaches have return to the writings of Karl Marx for their inspiration. Key "New Marxists" include Justin Rosenberg and Benno Teschke . Marxist approaches have enjoyed a renaissance since the collapse of communism in Eastern Europe. • Criticisms of Marxists approaches to international relations theory include the narrow focus on material and economic aspects of life....
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This note was uploaded on 11/09/2010 for the course FINC 2012 taught by Professor Andrew during the Three '10 term at University of Sydney.
- Three '10