MARXISM AND THE

THEORY OF
DEPENDENCY
Dependency theory
• Dependency theory is the notion that resources flow from a
"periphery" of poor and underdeveloped states to a "core" of
wealthy states, enriching the latter at the expense of the former.
It is a central contention of dependency theory that poor states
are impoverished and rich ones enriched by the way poor states
are integrated into the " world system ".
Three issues of Depency
• internal markets of the poorer countries were not large enough
to support the economies of scale used by the richer countries to
keep their prices low. The second issue concerned the
• political will of the poorer countries as to whether a
transformation from being primary products producers was
possible or desirable.
• The final issue revolved around the extent to which the poorer
countries actually had control of their primary products,
particularly in the area of selling those products abroad. But
they have no clue they had.
• Marxists theorists viewed the persistent poverty as a
consequence of capitalist exploitation. And a new body of
thought, called the world systems approach, argued that the
poverty was a direct consequence of the evolution of the
international political economy into a fairly rigid division of
labor which favored the rich and penalized the poor.
Karl Heinrich Marx
Karl Marx 5 May 1818 - 14 March 1883
• German philosopher, economist, historian, sociologist, political
theorist, journalist and socialist revolutionary.

• His best-known titles are the pamphlet The Communist

Manifesto and the three-volume Das Kapital

• Marx's political and philosophical thought had enormous

influence on subsequent intellectual, economic and political
history.
Marxism
• What Is Marxism?
• Marxism is a social, political, and economic philosophy named
after Karl Marx, which examines the effect of capitalism on
labor, productivity, and economic development and argues for a
worker revolution to overturn capitalism in favor of
communism. Marxism posits that the struggle between social
classes, specifically between the bourgeoisie, or capitalists, and
the proletariat, or workers, defines economic relations in a
capitalist economy and will inevitably lead to revolutionary
communism.
Communism
• Communism
Is a philosophical, social, political and economic ideology
and movement whose ultimate goal is the establishment of
a communist society, namely a socioeconomic order structured
upon the ideas of common ownership of the means of
production and the absence of social classes, money and
the state.
Marxist/Communist nations
• Soviet Union (USSR) 1922 to 1991
• Yugoslavia 1945 to 1992
• People's Republic of China 1949 to present day
• Republic of Cuba 1965 to present day
• Lao People's Democratic Republic 1949 to present day
• Socialist Republic of Vietnam 1976 to present day
• Democratic People's Republic of Korea 1948 to present day
Downfall of Marxists nations &
There is no perfect government in
between these two
• Own explanation
Application to the Philippines
• Own explanation