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Unformatted text preview: Marx argues that a mode of production disappears only when all of the possibilities of its further development have been exhausted Paper 2 Marx and Globalization Globalization Breakdown of traditional political borders Global communication Spread of ideas, goods, services, economies Marx on Globalization Good thing Common standard of development Specifically: labor, supply chains Common Class More difficult to unite from different cultures Capital searches for new markets Problem: Markets are limited, eventually you run out This causes companies to have life spans Eventually, the market collapses Marxs Mistakes Specialization in supply chain Misunderstood relationship between capital and government Governments step in to do a lot of the work for capital Mistaken about class identification and wishes of proletariat Failed to anticipate the lack of solidarity between workers...
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- Fall '08