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      Specter of Globalization: Marx, Gramsci and Disjointed Time

      research-article
      World Review of Political Economy
      Pluto Journals
      Competition, globalization, hegemony, Pax Americana, periodization, value theory
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            Abstract

            This paper aims to combine a critique of political economy with that of transnational polity in a unified theoretical foundation. It begins by (1) exploring the development of capitalism into stages, (2) showing that this should necessarily lead to globalization, and (3) validating that in the epoch of globalization no hierarchical interstate (hegemonic or not) political order may stand a chance for survival. These highly abstract theoretical queries, on the one hand, follow Karl Marx's critique of capitalism, and on the other hand obtain further theoretical and historical concretization in Antonio gramsci's hegemony, before their realization at observable levels via the rise and fall of the postwar Pax Americana (1945–1979). Marx's “conquest of mode of production” and gramsci's hegemony set the context for a synthetic approach to the rise and fall of American power. Finally, the force of globalization is the arbiter of time, despite the declining power syndrome, in this disjointed polity.

            Content

            Author and article information

            Journal
            10.2307/j50005553
            worlrevipoliecon
            World Review of Political Economy
            Pluto Journals
            2042-891X
            2042-8928
            1 December 2019
            : 10
            : 4 ( doiID: 10.13169/worlrevipoliecon.10.issue-4 )
            : 484-518
            Article
            worlrevipoliecon.10.4.0484
            10.13169/worlrevipoliecon.10.4.0484
            118f9e23-12ef-4863-a8aa-9bdc3ee8768f
            © 2019 World Association for Political Economy

            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

            History
            Custom metadata
            eng

            Political economics
            Competition,value theory,Pax Americana,hegemony,periodization,globalization

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