Political Economy and Globalization

Abstract: A 15 page paper discussing the economic philosophies and political consequences of economists such as Kant, Smith, Hayek, Marx, Polanyi and Keynes in terms of globalization. There is intense irony in the differences in situations between more laissez faire-leaning economies and those adhering closely to Marxian views of collectivism. Though Marx claimed to favor the working class, the all-controlling state essentially prevents anyone from breaking free of the working class. Where Smith's self-interest is able to operate freely, individuals are better able to collectively improve economic conditions for the entire society. Bibliography lists 13 sources.

Filename: KSglobPhilo.rtf

Pages: 15

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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