A Marxist understanding of the ills of capitalism is applicable to 21st
Motivated by surpluses, capitalism become global in its endeavour of outsourcing
production and capital labour substitution. As a result, the capitalist core established an
exploitative relationship with the developing and under-developed third world countries.
In order to protect their interests and to keep the antagonistic feelings below the
threshold, the bourgeoisie elite utilized every tool available to strengthen their control
over the resources, maintained their hegemony and absorb counter-hegemonic ideas.
The article is an attempt to understand the Marxist interpretation of capitalism and
debate in its relevance to 21st
-century international politics. With the help of the Iraq
war, the article concludes that Marxism and Marxist inspired theoretical interpretation
is the best lens to explain the operation of capitalism at the world stage.
1-Saima Gul Lecturer,Department of International Relations,University of Peshawar, KP, Pakistan.2-Syed Sabir Muhammad PhD. Scholar, Department of International Relations,University of Peshawar, KP, Pakistan.3-Ahmad Ali Lecturer, Political Sciences, Higher Education Department,Khyber Pakhtunkhwa, Pakistan.
Marxism, Capitalism, Outsourcing, Surpluses, Mode of production, Hegemony