New approach to marketing theory could revolutionize global business strategies.
The article discusses the progress and challenges in creating a general theory of marketing. It focuses on understanding this theory in Russia and reviews works by Western scholars in the field. The article suggests using a deductive approach with tools from Marxist political economy and analytical knowledge from exact sciences to develop the theory further. The author proposes an emphatically-communicative model for building the general theory of marketing, which can help organize different marketing theories and studies in the field.