Compare and contrast the Ideas of Liberalism and Marxism in Global Political Economy.
Introduction
The study of cooperation and conflicts between different nation states has been termed as the International Relations; the main purpose of IR had always been on the issues pertaining to peace and war in the region. Recently, in the twenty-first century, there has been a conscious shift from these issues to take into consideration the issues related to wealth and poverty; the issue of who is gaining wealth in the international system has been known as the International Political Economy. ‘Political economy’ was the term used for referring to the study of the general conditions under which the ...