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In Marx's theory, however, [23] land rents do not simply reflect a property income gained from the ownership of an asset, but are a real element of surplus value and consequently of the value product, insofar as those rents are a flow of earnings which must be paid out of the new value created by the current production of primary products on ...
The socialist mode of production, also known as socialism or communism, [a] is a specific historical phase of economic development and its corresponding set of social relations that emerge from capitalism in the schema of historical materialism within Marxist theory. The Marxist definition of socialism is that of production for use-value (i.e ...
Marxist aesthetics is a theory of aesthetics based on or derived from the theories of Karl Marx. It involves a dialectical and materialist , or dialectical materialist , approach to the application of Marxism to the cultural sphere, specifically areas related to taste, such as art and beauty, among others.
Uneven and combined development, unequal and combined development, or uneven development is a concept in Marxian political economy [1] intended to describe dynamics of human history involving the interaction of capitalist laws of motion and starting world market conditions whose national units are highly heterogeneous.
In the Marxist theory of historical materialism, a mode of production (German: Produktionsweise, "the way of producing") is a specific combination of the: . Productive forces: these include human labour power and means of production (tools, machinery, factory buildings, infrastructure, technical knowledge, raw materials, plants, animals, exploitable land).
Marx never provided a complete definition of the capitalist mode of production as a short summary, although in his manuscripts he sometimes attempted one. In a sense, it is Marx's three-volume work Capital (1867–1894; sometimes known by its German title, Das Kapital), as a whole that provides his "definition" of the capitalist mode of ...
To this modern private property corresponds the modern State, which, purchased gradually by the owners of property by means of taxation, has fallen entirely into their hands through the national debt, and its existence has become wholly dependent on the commercial credit which the owners of property, the bourgeois, extend to it, as reflected in ...
Private property in the means of production is the central element of capitalism criticized by socialists. In Marxist literature, private property refers to a social relationship in which the property owner takes possession of anything that another person or group produces with that property and capitalism depends on private property. [19]