The paper reviews 'The Communist Manifesto' by Marx and Engels discussing their ideas about class struggle, the features of the proletariat and bourgeoisie, their attitudes to the means of production, etc.
The paper examines the criticism of Communist regimes by the French thinker Raymond Aron who argued that ideas could not justify the crimes committed by governments. Aron's defence of western democracies against the lofty claims of socialism are discussed in relation to the policy of Charles De Gaulle in France.
The paper examines the causes and consequences of crises under capitalism reviewing Karl Marx's theory, and indicating the features of the capitalist mode of production, living labour, competition, accumulation of profit, etc. Economists' opinions on the crises of overproduction are reviewed drawing examples from the history of the UK and the present situation with the Northern Rock crisis.
The paper looks at the theory and realty of political economy defining the concept of democratization and examining the economic and political development of Georgia and Azerbaijan after the fall of Soviet Union. The features of the transition towards new socio-economic structures are described evaluating the level of freedom and prosperity in each country.
The paper reports on the debate around the transition from modern to post-modern society reviewing the ideas of Zygmunt Bauman about 'postmodernism', the current state of society, the transformation of social control and personal identity, the concept of 'liquid modernity', etc.
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