Karl Marx and Friedrich Engels developed the theory in the 19th century. View and Download PowerPoint Presentations on Marxian Economics PPT. Theory: Max Weber, Power and ConflictConflict . Marxian view of international politics is identical with its view of politics. Acc to Marx, social stratification divides society into two classes and the unequal distribution of wealth leads to discontent and ultimately to revolution in the society . MARXIST THEORY: An Outline. Marxism is a political and social theory that argues that social change comes about through economic class struggle. Marxism, a body of doctrine developed by Karl Marx and, to a lesser extent, by Friedrich Engels in the mid-19th century. In common with Marx, Max Weber (1864â1920) saw societal relationships as best characterized by conflict. Distribution theory, in economics, the systematic attempt to account for the sharing of the national income among the owners of the factors of productionâland, labour, and capital.Traditionally, economists have studied how the costs of these factors and the size â¦ This is an excerpt from International Relations Theory â an E-IR Foundations beginnerâs textbook.Download your free copy here.. Marxism is both a critical approach that wants to always question the mainstream policy-driven approaches to IR theory and a classical approach via the philosophical and sociological tradition of its namesake, the philosopher Karl Marx (1818â1883). 15.2.2017 On approaching Marxism: a preliminary note. Marx's value theory is often presented as a simple costs of production theory, where we add up labour value-added in the various stages of production to come up with a final value. Marx can be thought of as having offered two sets of ideas, the first of which we can accept if we wish to, without having to accept the second. On development of society Marx argues that the entire history of human societies may be seen as the history of class conflict the conflict between those who work for them the exploiters and the exploited. It originally consisted of three related ideas: a philosophical anthropology, a theory of history, and an economic and political program.There is also Marxism as it has been understood and practiced by the various socialist movements, particularly before 1914. Find PowerPoint Presentations and Slides using the power of XPowerPoint.com, find free presentations research about Marxian Economics PPT Ted Trainer. Winner of the Standing Ovation Award for âBest PowerPoint Templatesâ from Presentations Magazine. They'll give your presentations a professional, memorable appearance - the kind of sophisticated look that today's â¦ World's Best PowerPoint Templates - CrystalGraphics offers more PowerPoint templates than anyone else in the world, with over 4 million to choose from. This chapterâs goal, however, is to highlight the most basic and enduring of Marxâs insights, and to show how they have contributed to the analysis of the Marx presented a dichotomous model of class, he opined that with the development in capitalist system , the middle class will disappear. They differed on three key points, however: First, while Marx saw cultural ideas as molded by the economic system, Weber saw a cultureâs economic system being molded by its ideas. Since Marxâs time, the general matrix of Marxist theory has not remained fixed in doctrinaire rigidity: numerous variants of the basic theory have emerged (Anderson, 1979; Burawoy, 1990). Marx's labor theory of value also provides a detailed account of the struggle between capitalists and workers over the size of the surplus value, with the capitalists trying to extend the length of the working day, speed up the pace of work, etc., while the workers organize to protect themselves. Actually Adam Smith's value theory was one where he tried to assess the 'contribution' of each 'factor of production' to the value of the final product.