Advanced International Journal for Research

E-ISSN: 3048-7641   •   Impact Factor: 9.11

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 1 (January-February 2026) Submit your research before last 3 days of February to publish your research paper in the issue of January-February.
Submit Research Paper Join as a Reviewer

Plagiarism is checked by the leading plagiarism checker TurnItIn

Call for Paper

Volume 7 Issue 1
January-February 2026

Submit your research paper

Indexing Partners
Academia Advanced Sciences Index Bielefeld Academic Search Engine CiteSeer DRJI Google Scholar Independent Search Engine & Directory Network ISI (International Scientific Indexing) Issuu Mendeley Research Networks
RefSeek ResearcherId - Thomson Reuters ResearchGate Scirus Scribd Semantic Scholar UTeM - Universiti Teknikal Malaysia Melaka Wiki for Call for Papers WorldCat Zenodo

Understanding the Crisis of Global Capitalism: Analysis of Manipur Experience

Author(s) Laishram Sheityabhama Devi, Dr. E. Girani Singh
Country India
Abstract The crisis of global capitalism is a multifaceted phenomenon encompassing economic, political, social, ideological, ecological, and military dimensions. In the present era, the world faces an ongoing and intensifying global crisis rooted in the structural contradictions of the capitalist system. Capitalism sustains itself through an endless process of expansion, which inevitably generates recurring crises of overproduction periods when goods are produced in quantities that cannot be sold due to the limited purchasing power of the majority, a dynamic closely linked to the processes of imperialism. The fundamental cause of these crises lies in the basic contradiction of capitalism, the social character of production versus the private appropriation of material wealth. This contradiction drives the general crisis of the world capitalist system. Despite escalating instability, contemporary society remains distant from revolutionary transformation due to the underdevelopment of the subjective and organizational conditions necessary for systemic change. The relevance of this study lies in the increasing global political instability and the intensifying rivalry and confrontation embedded within international economic processes. The current phase of capitalism is marked by structural crises, financial volatility, and systemic inequalities. Moreover, capitalism’s core features such as, private ownership, market-driven economies, profit orientation, global trade networks, industrial revolutions, capitalist-colonial legacies, financial expansion etc. have simultaneously generated economic progress while deepening inequality, exploitation, and ecological degradation. This paper adopts a comprehensive and critical approach to examine contemporary trends and contradictions within global capitalism. It argues that capitalism is not a monolithic system but exists in multiple forms shaped by historical and regional contexts. The analysis highlights the chaotic and unplanned nature of the world economy, characterized by imbalances and disorder stemming from the spontaneous operation of economic laws rooted in private-property-based commodity production. Furthermore, the paper explores how global capitalism has influenced Manipur, particularly through the lens of identity politics, shaping structural inequalities, ethnic divisions, and capitalist-colonial legacies that perpetuate cycles of violence. Similar patterns can be observed in other global contexts such as China–Taiwan, Russia–Ukraine, Israel–Palestine, North Korea–South Korea etc. In this framework, capitalism represents the broader structural perspective, whereas identity politics emerges as a narrower, myopic view within the larger crisis of global capitalism. The Manipur conflict is thus interpreted both as a symptom of this broader crisis and as a manifestation of identity-based politics under global capitalism.
Keywords Global Capitalism, Economic Crisis, Overproduction, Private Property.
Field Sociology
Published In Volume 7, Issue 1, January-February 2026
Published On 2026-01-10
DOI https://doi.org/10.63363/aijfr.2026.v07i01.2712
Short DOI https://doi.org/hbk6xf
View / Download PDF File

Share this



E-ISSN 3048-7641
CrossRef

CrossRef DOI is assigned to each research paper published in our journal.

AIJFR DOI prefix is
10.63363/aijfr

Downloads
Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 7 Isu 1Cover Page Vol 6 Isu 6Cover Page Vol 6 Isu 5

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA Open Access

About AIJFR
Fees & Payment
Current Issue
Publication Archive 		Submit Research Paper
Track Submission Status
Publication Guidelines
Publication Ethics
Peer Review & Plagiarism 		Join as a Reviewer
Editors & Reviewers
Reviewer Referral Program
Get Reviewer Membership Certi. 		Website/Journal Policies
Usage Policy
Content Policies
Privacy Policy
Contact Us +91-9898-79-39-59 editor@aijfr.com