Schools of Political Economy Marxism, Liberalism and Mercantilism

The international political economy deals with economics and politics, in the world matters. It seeks to understand the driving forces of the economy and the key actors in the world economy. Gilpin (265) asserts that politics largely determine economic activities. This paper looks at three schools of political economy; Marxism, liberalism and mercantilism, while identifying their similarities and differences.Advertising We will write a custom essay sample on Schools of Political Economy: Marxism, Liberalism and Mercantilism specifically for you for only $16.05 $11/page Learn More Marxists and Liberals on Politics and Economics Marxists assert that the world economy is characterized by competition. They believe in capitalism, and argue that economic relations are determined by class struggle between capitalists (oppressors) and the working class (oppressed). The capitalists own means of production, and are rich. Capitalists embark on increasing their prof its by exploiting the working class, who in turn enhance their struggle in the competition (Gilpin 270). They use their wealth to set the standards of the political economy. Eventually, the non-capitalists submit to their order. Liberals believe in existence of a free market. Their emphasis is on free trade and movement of capital, which allow flow of investment. In this class of economy, countries are able to exploit natural resources and benefit from specialization. The economy is enhanced by availability of currencies that can be freely exchanged as well as open markets. Marxists and liberals assume that the state is a significant instrument in the world economy. It exists to resolve conflicts that occur in the world economy. They oppose the managerial conception of a state. The two also agree that a free market is advantageous, as long as there is an invisible hand (policies) to control the market. Marxists, Mercantilists and Liberals The mercantilists believe in a competitive e conomy whereby there are many actors in the market. The strong states are able to survive in competitive markets, whereas the weak ones are pushed out of the competitive markets. According to the mercantilists, it is a scenario of â€Å"survival for the fittest.† The states with the most power are the ones that set the rules as well as limits to the economy. This is done through ways such as alliances and hegemony. In this competition; states endeavor to maximize their wealth, as well as independence. This is achieved through the creation of self-sufficiency in key industries, and protecting trade through tariffs and quota systems. There is minimal order in such an economy, and it is upon the governments to enhance smooth operations in the markets (Gilpin 275). They should come up with strong economic policies to enhance these operations. It is worth noting that corruption and ignorance lead to poor economic policies. Marxists and mercantilists agree that the world economy is competitive.Advertising Looking for essay on political sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More They also look at the aim of this competition as a desire to have profits. Furthermore, there are groups which benefit more than others, in this competition. However, liberals do not look at the economy as a competition realm. They look at it as a free arena whereby everyone can participate in the economy. Principle Actors of Political Economy The principal actors in the mercantilist school are the states. They compete to eliminate others and the strong states survive in this competition. In the Marxism, the core actors are the classes (capitalists and workers) as well as the social groups (Gilpin 280). Governments and economic actors are the key elements in the economy, according to liberalism. The governments provide favorable policies for free trade. Marxists and mercantilist theorists believe that competition is significant fo r a robust world economy. On the contrary, liberal theorists view free trade as the best characteristics of international economic interactions. In essence, there are various actors in the political economy and different schools of thought in the world economy. A country should follow a school that best suits its economy so as to survive in the competitive global arena. Works Cited Gilpin, Robert. Global Political Economy: Understanding the International Economic Order. Princeton: Princeton University Press, 2011.Print. This essay on Schools of Political Economy: Marxism, Liberalism and Mercantilism was written and submitted by user M0rl0cks to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Essay Sample Music- The Key to Creating the Perfect Songs For Films

Essay Sample Music- The Key to Creating the Perfect Songs For FilmsMusic and movie composition is one of the most complicated parts of film making, it is also very special to hear a song performed by a top artist in a film. Music is used as an instrument or a backdrop for the character in the film, which gives it a huge impact. The audience of the film tends to be more interested in a song, especially when it has been performed by a renowned musician.When it comes to Film Music Essay Sample, you can take your pick from any of the hundreds of outstanding composers who are admired all over the world. You might not like everything that they did, but if you like them, you will have a hard time saying no. This is one reason why composing a song for a film can be such a difficult task. But the composer has to come up with something unique that will not only portray the personality of the character of the film, but also highlight the mood of the film.There are many composers in the Film Com posers Association who have become known in Essay Sample from Hollywood, they have a very good reputation and are quite well known around the world. The main role of a composer is to make sure that the right song is chosen for the film. While composing a song for a film, you have to look for inspiration from the music of the previous films. Most often a song is selected just based on the title. This is where the importance of researching and matching music with the genre of the film begins.The Essay Sample is composed to be recorded and is often chosen as the music for a particular film. In order to get the music correctly, the director usually conducts a review session where he gets to hear the sample and gets a feel of what the final track should sound like. These sessions could last for hours, but there is no doubt that a great deal of input goes into choosing the right song. You may not like the song, but a composer knows how to avoid the kind of criticism that might arise becau se of some improper choices.It would help a lot if you chose the right song for the film. It has to be catchy and in sync with the theme of the film. But it is also important to note that the title of the song should make sense and also give a hint about the kind of mood that the song should create.It is essential that you understand that the more time you spend in conducting your research, the better your essay sample will turn out. Doing research yourself could be expensive, so why not take help from experts. There are many online courses that offer the written course to provide you with a list of top music essay samples. These can be bought or downloaded and can be learned on your own, even if you do not know much about music.There are also many music essay samples available in books and video and on the internet. These are very helpful for composing a song, but you still need to check that the song is actually written by a famous composer. Not every composer is going to provide you with the kind of essay sample that you really need. So it is important to do your research first and pick the best track that has all the right elements to produce a song that will have the desired impact.As mentioned earlier, when composing the music for a film, you can get the essay sample by searching from one of the essay sample websites, which are usually filled with hundreds of excellent samples. You can also browse through music essays of past great films. Keep in mind that not all the samples are created equal and that can make a difference between a masterpiece and just another dud.