Marxism and Economic Theory :: Economy Economic Papers

Marxism and Economic hypothesis clement relationships arouse always been dynamic. Change and adaptabilityhave gone hand in hand with the passage of time for human society.Systems have been developed to regulate, strike and control theresources of this society. The systems are referred to asgovernments and the resources as the populace or inhabitants and forces of production. A government must be dynamic in its nature reflecting the transmit in society. At times these systems have resisted the necessity to adapt with its components (Society) creating a deficit between the system and those it regulates. As the deficits develop, they cause instability, and could lead to revolution.1 Theories have been developed to explain the systemic phenomenon calledrevolution. This paper will discuss threesome modern theories and apply them to the English revolution of 1640. The first theory, developed by Carl Marx (Marxism), will addre ss the economicevolution in English society. This theory will emphasize and explain how the shift from a feudal/ mercantile system to capitalism affected English society. The second, called the Resource Mobilization Theory (RMT) developed by Charles Tilly, will explain how the English organizations (the Crown and the Parliament) effectively obtained, amassed and managed resources. Samuel Huntingtons, Institutional Theory, will argue that the existing government at that time was unable to incorporate the demands and personnel that the socio-economicchanges created. Marxism was formulated in the nineteenth century. Carl Marx and his associate Frederick Engels observed the socio-economic changes that were transpiring in Britain. England was the dominant world powerand had the largest industrialized economy during the 1800s. The development of the factory and the institution of the assembly blood line created a la rge demand for workers.