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Liberalism Compared with Marxism and Realism

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Liberalism is highly-idealistic in terms of giving importance to morality, and the fact that the margin between the rich and the poor are not decreased this means that Liberalism does not function as it is supposed to because not all participants in commerce regularly engage in fair trade and fair markets. In contrast, Marxism ideologies such as equality among people and of their progress give better assurance that under an ideal governance wealth distribution will be much more equal within the citizens because there is tighter control of the government over trading and markets.

While there is lesser freedom for people living under Marxism, there is a better chance that wealth distribution in this kind of society will be more equal compared to a Liberal society. Lastly, while in Liberalism there is less government control over commerce and trade, this has not been successful for very long. In contrast, Marxism views under Gramscian ideals state that there is better economic and political stability when there is hegemonic leadership because self-centeredness and the lack of responsibility can be controlled better as opposed to simply relying on self-governance as the case in Liberalism.

This is also known as the theory of hegemonic stability, which when used in conjunction with Liberalism can improve cooperation among countries through the supervision of stronger hegemon countries. Liberalism and Neorealism Liberalism focuses more on economics fuelled by the markets and is less-controlled by the government, whereas Neorealism focuses more on nationalistic goals and in obtaining a thriving economy due to the need for stable national security and defense. As such, in terms of leadership and equality, all nations are equal and there is no centralized governance or leadership (also known as anarchy) under the Neorealism school of thought.

Also, in terms of foreign relations Liberalism is much more open for cooperation between nations in market expansion while in Neorealism there is a greater need for self-dependence in driving the economy.

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