Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
Hostname: page-component-848d4c4894-ndmmz Total loading time: 0 Render date: 2024-05-06T07:55:59.662Z Has data issue: false hasContentIssue false

16 - Globalization

Published online by Cambridge University Press:  29 May 2020

By
Seongjin Jeong
Edited by
Marcello Musto
Marcello Musto
Affiliation:
York University, Toronto
Get access

Summary

Despite its retreat after the economic crisis of 2008, there is no denying that globalization continues to be one of the central tendencies of capitalism’s law of motion. Indeed, exactly 150 years ago, Marx recognized the phenomenon now understood as globalization as the world market (Weltmarkt), although he did not use the former term, because it was coined about a century after his death. However, what Marx meant by ‘intercourse with foreign nations … the expeditions of adventurers, colonization … the extension of markets into a world market … a new phase of historical development’1 in The German Ideology, co-authored with Friedrick Engels (1820–95), was nothing else than today’s globalization. They rephrased the same thing in Manifesto of the Communist Party

Type
Chapter
Information
The Marx Revival
Key Concepts and New Critical Interpretations
 , pp. 285 - 301
Publisher: Cambridge University Press
Print publication year: 2020

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Bonefeld, Werner (2000), ‘The Spectre of Globalization: On the Form and Content of the World Market’, in: Bonefeld, W. and Psychopedi, K. (eds), The Politics of Change: Globalization, Ideology and Critique, Basingstoke: Palgrave, pp. 31–68.Google Scholar
Callinicos, Alex (2009), Imperialism and Global Political Economy, Cambridge: Polity.Google Scholar
Carchedi, Guglielmo (1991), Frontiers of Political Economy, London: Verso.Google Scholar
Desai, Radhika (2014), ‘Marx and Engels’ Geopolitical Economy’, in: Kumar, A. and Chatterjee, B. (eds), Marxism: With and Beyond Marx, New York: Routledge, pp. 71–91.Google Scholar
Friedman, Thomas (2005), The World Is Flat: A Brief History of the Twenty-first Century, New York: Farrar, Straus and Giroux.Google Scholar
Grossmann, Henryk (1992), The Law of Accumulation and Breakdown of the Capitalist System, London: Pluto Press.Google Scholar
Hardt, Michael, and Negri, Antonio (2000), Empire, Cambridge, MA: Harvard University Press.Google Scholar
Jeong, Seongjin (2014), ‘Marx’s Crisis Theory as a Theory of World Market Crisis’, in: Beitrage zur Marx-Engels-Forschung Neue Folge 2013, Hamburg: Argument, pp. 37–77.Google Scholar
Jessop, Bob (2010), ‘World Market, World State, World Society: Marxian Insights and Scientific Realist Interrogations’, in: Joseph, J. and Wight, C. (eds), Scientific Realism and International Relations, New York: Palgrave, pp. 186–202.Google Scholar
Kozlov, Genrikh A. (ed.) (1977), Political Economy: Capitalism, Moscow: Progress Publishers.Google Scholar
Marx, Karl (1975), ‘Draft of an Article on Friedrich List’s Book Das Nationale System Der Politischen Oekonomie’, MECW, vol. 4, pp. 265–93.Google Scholar
Marx, Karl (1976a), Capital, volume I, London: Penguin.Google Scholar
Marx, Karl (1976b), ‘Speech of Dr. Marx on Protection, Free Trade, and the Working Classes’, MECW, vol. 6, pp. 287–90.Google Scholar
Marx, Karl (1976c), ‘Speech on the Question of Free Trade delivered to the Democratic Association of Brussels at Its Public Meeting of January 9, 1848’, MECW, vol. 6, pp. 450–65.Google Scholar
Marx, Karl (1978), Capital, volume II, London: Penguin.Google Scholar
Marx, Karl (1979a), ‘The British Rule in India’, MECW, vol. 12, pp. 125–33.Google Scholar
Marx, Karl (1979b), ‘The Future Results of British Rule in India’, MECW, vol. 12, pp. 217–22.Google Scholar
Marx, Karl (1981), Capital, volume III, London: Penguin.Google Scholar
Marx, Karl (1983a), Letters 1852–55, MECW, vol. 39.Google Scholar
Marx, Karl (1983b), Letters 1856–59, MECW, vol. 40.Google Scholar
Marx, Karl (1985), ‘Outline of a Report on the Irish Question Delivered to the German Workers’ Educational Society in London on December 16, 1867’, MECW, vol. 21, pp. 194–206.Google Scholar
Marx, Karl (1986), ‘Outlines of the Critique of Political Economy [Grundrisse]. First Instalment’, MECW, vol. 28.Google Scholar
Marx, Karl (1987a), ‘Outlines of the Critique of Political Economy [Grundrisse]. Second Instalment’, MECW, vol. 29, pp. 1–256.Google Scholar
Marx, Karl (1987b), A Contribution to the Critique of Political Economy, MECW, vol. 29, pp. 257–417.Google Scholar
Marx, Karl (1989a), Critique of the Gotha Programme, MECW, vol. 24, pp. 75–99.Google Scholar
Marx, Karl (1989b), ‘Drafts of the Letter to Vera Zasulich’, MECW, vol. 24, pp. 346–69.Google Scholar
Marx, Karl (1989c), Economic Manuscript of 1861–63, MECW, vol. 32.Google Scholar
Marx, Karl (1991), Economic Manuscript of 1861–63, MECW, vol. 33.Google Scholar
Marx, Karl, and Engels, Frederich (1976a), The German Ideology, MECW, vol. 5.Google Scholar
Marx, Karl, and Engels, Frederich (1976b), Manifesto of the Communist Party, MECW, vol. 6, pp. 477–519.Google Scholar
Marx, Karl, and Engels, Frederich (1978), ‘Review: May to October 1850’, MECW, vol. 10, pp. 490–532.Google Scholar
Mohri, Kenzo (1979), ‘Marx and “Underdevelopment”’, Monthly Review, 30 (11): 32–42.Google Scholar
Musto, Marcello (2014), ‘Introduction’, in: Musto, M. (ed.), Workers Unite! The International 150 Years Later, New York: Bloomsbury Publishing, pp. 1–68.Google Scholar
Muthu, Sankar (2008), ‘Adam Smith’s Critique of International Trading Companies: Theorizing “Globalization” in the Age of Enlightenment’, Political Theory, 362: 185–212.CrossRefGoogle Scholar
Panitch, Leo, and Gindin, Sam (2012), The Making of Global Capitalism: The Political Economy of American Empire, London: Verso.Google Scholar
Pradella, Lucia (2017), ‘Marx and the Global South: Connecting History and Value Theory’, Sociology, 51: 146–61.Google Scholar
Robinson, William (2017), ‘Debate on the New Global Capitalism: Transnational Capitalist Class, Transnational State Apparatus, and Global Crisis’, International Critical Thought, 72: 171–89.Google Scholar
Sekine, Thomas (1980), ‘An Essay on Uno’s Dialectic of Capital’, in: Uno, K (ed.), Principles of Political Economy: Theory of a Purely Capitalist Society, Sussex: Harvester Press, pp. 127–68.Google Scholar
Stiglitz, Joseph E. (2007), Making Globalization Work, New York: W. W. Norton.Google Scholar
The Economist (2018), ‘Reconsidering Marx: Second Time, Farce’, 427 (9090): 79–80.Google Scholar
Trotsky, Leon (1977), The History of the Russian Revolution, London: Pluto Press.Google Scholar
Young, Paul (2009), Globalization and the Great Exhibition: The Victorian New World Order, New York: Palgrave.Google Scholar

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×