Strengthening Understanding of Political Economy, Marxist Perspective and Alternative Economic Concepts among Development Economics Students of Makassar State University

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Makassar, South Sulawesi—Strengthening Understanding of Political Economy from Marxist Perspectives and Alternative Economic Concepts among Development Economics Students of Makassar State University. This research was conducted by Dirmansyah Darwin together with Adi Zulkarnaen, I Made Jyotisa Adi Dwipatna, Muh Fardan Ngoyo, and Hafid Sumarwadji, which was published in  the Formosa Community Service Journal (JPMF) Volume 5 Number 1 of 2026.

Research conducted by Darwin with Adi Zulkarnaen, I Made Jyotisa Adi Dwipatna, Muh Fardan Ngoyo, and Hafid Sumarwadji revealed the importance of expanding students' perspectives on economic theory. They assessed that economic learning that relies too much on conventional approaches is not enough to explain the reality of social inequality that is still strong in Indonesia.

Inequality as the Entrance to Analysis

In the scientific article, it is explained that Indonesia's economic inequality is still significant. The Gini coefficient in 2024 is recorded at 0.388. In fact, the richest 1 percent of the group controls almost 50 percent of the national wealth.

This condition became the basis for a discussion about the relevance of Karl Marx's thought in reading the structure of the modern economy. Marx in Das Kapital (1867) highlights how the capitalist system resulted in the accumulation of capital in a handful of capital owners and widened the social class gap.

Students are invited to see that economic theory is not born neutrally, but is closely related to certain social, political, and historical contexts. The Marxist perspective is positioned as a critical analytical tool for understanding the dominance of large corporations, the inequality of wealth distribution, and power relations in economic policy.

Interactive Seminars and Contextual Discussions

The activity took place in the format of seminars and group discussions. The material discussed includes the concept of social class, exploitation, structural inequality, and the relevance of Marxist theory to the current condition of Indonesia.

Students then discussed concrete phenomena such as the dominance of large capital, state economic policies, and the distribution of national resources. This approach helps students connect theory with real practice.

In addition to the Marxist perspective, the lecturer team also introduced the concept of cooperative economics initiated by Mohammad Hatta. In his idea in 1959, Hatta placed cooperatives as an instrument of economic democracy that emphasizes mutual cooperation, justice, and social solidarity.

Islamic economics is also part of the discussion. The principles of zakat, prohibition of usury, and orientation to the welfare of the ummah are presented as a relevant distributive approach in the context of developing countries such as Indonesia.

Three Key Findings of the Activity

The results of the activity showed a significant increase in student understanding. There are at least three important points that come to the fore:

  1. Students understand that every economic theory has a historical context that determines its relevance.
  2. Marxist analysis is considered still relevant to read inequality and capital dominance in Indonesia.
  3. Cooperative economics and Islamic economics are seen as potential alternatives to more inclusive and socially just development.

The discussion also showed that students began to see economic development not only in terms of growth, but also distribution and social justice.

Driving More Holistic Economic Thinking

The author's team emphasizes that strengthening critical economic thinking is important to produce policy analysts who are more sensitive to the problem of inequality.

In the context of higher education, these findings signal that the economics curriculum needs to provide a wider space for alternative perspectives and political economy. It is not enough for students to understand market mechanisms, but also to be able to read the power relations and social impacts of economic policies.

For policymakers, the cooperative approach can strengthen the local economy and MSMEs. Meanwhile, Islamic economic principles have the potential to support a more redistributive and inclusive fiscal policy.

The lecturer team recommended that similar activities be developed with more concrete case studies on the application of cooperatives and sharia economics in Indonesia, so that students not only understand the concept, but also the implementation strategy.

Broader Context: Inequality and Development Challenges

Economic inequality not only impacts the distribution of wealth, but also on access to education, health, and employment opportunities. By understanding various economic perspectives, students are expected to be able to formulate more comprehensive solutions.

This approach is considered relevant in dealing with increasingly complex global economic dynamics. In the midst of global capital pressures and wealth concentration, cross-perspective understanding is an important capital for future generations of economists.

Author Profile

        Dirmansyah Darwin– Makassar State University.

        Adi Zulkarnaen– Makassar State University.

        I Made Jyotisa Adi Dwipatna– Makassar State University.

        Muh Fardan Ngoyo – Makassar State University.

        Hafid Sumarwadji– Makassar State University.

Research Source

Darwin, D., Zulkarnaen, A., Dwipatna, I. M. J. A., Ngoyo, M. F., & Sumarwadji, H. (2026). Strengthening Understanding of Political Economy from a Marxist Perspective and Alternative Economic Concepts Among Development Economics Students at State University of Makassar.

Journal of Community Service Formosa (JPMF), Vol. 5 No. 1, pp. 81–88.

DOI: https://doi.org/10.55927/jpmf.v5i1.131

Official URL : https://ntlformosapublisher.org/index.php/jpmf


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