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The significance of neo-Marxism and Marxism, as theories shaping world development, has been subjected to a great deal of debates, particularly after the end of the Cold War. However, the emergence of numerous problems in many countries around the world, especially those associated with vagaries of neo-liberalism and capitalism, the application of these theories in international politics has become eminent in the modern times (Doyle, 1986). Notably, there exist a struggle between the “old world” and the “new world” i.e. the developing and developed states. In an attempt to explain this scenario and reasons for occurrence of associated events, insights contributed by neo-Marxists have been utilized. Neo-Marxists believe that economics is the driving force behind international politics or relations. This contradicts with the views of liberalists who stated that security determines international politics. The economic conditions prevailing in undeveloped and developing countries have forced them to depend on rich industrialized countries. In turn, this has opened room for industrialised states to exploit the poor countries through integrated capitalist policies. Neo-Marxists have attempted to analyse present global economic conditions using Marxists ideas. Between 1960s and 1970s, proponents of neo-Marxism examined and demonstrated the negative impact of capitalist policies on development in the “old world.” They have also shown how these policies have contributed to increased inequality between developed and developing countries. It is the purpose of this essay paper to analyse the significance of neo-Marxism theories on international politics
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