Search results
Results from the WOW.Com Content Network
Marxist writers such as Cyrus Bina have extended the concept of rents to oil rents. [19] Marx's insights about the theory of ground rent and surplus-profits (extra surplus-value) influence the theory of real capitalist competition created by Anwar M. Shaikh to complete and update what Marx set out to do. [20]
Dialectical materialism is a materialist theory based upon the writings of Karl Marx and Friedrich Engels that has found widespread applications in a variety of philosophical disciplines ranging from philosophy of history to philosophy of science.
Marx based his theory of history on the necessity of labor to ensure physical survival. In The German Ideology , Marx wrote that the first historical act was the production of means to satisfy material needs and that labor is a "fundamental condition of all history, which today, as thousands of years ago, must daily and hourly be fulfilled ...
In Marxist theory and Marxian economics, the immiseration thesis, also referred to as emiseration thesis, is derived from Karl Marx's analysis of economic development in capitalism, implying that the nature of capitalist production stabilizes real wages, reducing wage growth relative to total value creation in the economy. Even if real wages ...
Marxist philosophy or Marxist theory are works in philosophy that are strongly influenced by Karl Marx's materialist approach to theory, or works written by Marxists.Marxist philosophy may be broadly divided into Western Marxism, which drew from various sources, and the official philosophy in the Soviet Union, which enforced a rigid reading of what Marx called dialectical materialism, in ...
In Marxist theory, anarchy of production is a characteristic feature of all commodity production based on private property, which is the primary mode of production in the capitalist market economy. [1]
Marxism remains a powerful theory in some unexpected and relatively obscure places and is not always properly labeled as "Marxism". For example, many Mexican and some American archaeologists still employ a Marxist model to explain the Classic Maya collapse [101] (c. 900 A.D.) – without mentioning Marxism by name.
In the classic Marxist definition (pure communism), a communist economy refers to a system that has achieved a superabundance of goods and services due to an increase in technological capability and advances in the productive forces and therefore has transcended socialism such as a post-scarcity economy. This is a hypothetical stage of social ...