ABSTRACT
This chapter focuses on political economy and offers definitions of Marxist terminology. In contrast, Marxists might relate theory not to ideal types but to real situations, and they would combine theory with practice in a process called praxis, Marxists would see changes in society as the consequence of a dialectical and historical interplay of social forces in relation to production. The chapter discusses the following aspects of theory: Concepts, Generalizations, propositions, and hypotheses, Types and levels, Approaches, and Models and paradigms. These are aspects of theory and inquiry generally understood by the investigator of comparative politics. Comparative politics tends to combine qualitative and quantitative techniques of research. Michael Harrington in his Twilight of Capitalism observed that there are many Marxisms, believing that Marx interpreted things in different ways throughout an illustrative and prolific career of writing about the contradictions of capitalism.
