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Karl Marx's three volume Capital: A Critique of Political Economy is widely regarded as one of the greatest written critiques of capitalism. [citation needed]Criticism of capitalism typically ranges from expressing disagreement with particular aspects or outcomes of capitalism to rejecting the principles of the capitalist system in its entirety. [1]
Proponents of the temporal single system interpretation (TSSI) of Marx's value theory, like Kliman, claim that the supposed inconsistencies are actually the result of misinterpretation and argue that when Marx's theory is understood as "temporal" and "single-system", the alleged internal inconsistencies disappear. In a recent survey of the ...
Reification (Marxism) – Treatment of social attributes as real, in Marxist theory; Forms of capital in Marxism: Constant capital — Capital invested in the means of production. Variable capital — Capital invested in labour power. Fictitious capital – Marxist Doctrine; Monopoly Capital; Key figures: Robert Kurz; Moishe Postone; Roman ...
[29] [24] Heinrich argues that Marx's theory of fetishism constitutes a theory of social domination that applies not just to commodities, but to capital and to "social relations in bourgeois society" as well. [4] [24] Heinrich also rejects the significance of the tendency of the rate of profit to fall in Marx's theory of crisis.
Another, more common move has been to dilute the explanatory claims of Marx's social theory and emphasise the "relative autonomyworking-class agenda" of aspects of social and economic life not directly related to Marx's central narrative of interaction between the development of the "forces of production" and the succession of "modes of ...
Classical Marxism is the body of economic, philosophical, and sociological theories expounded by Karl Marx and Friedrich Engels in their works, as contrasted with orthodox Marxism, Marxism–Leninism, and autonomist Marxism which emerged after their deaths. [1]
In Das Kapital (1867), Marx proposes that the motivating force of capitalism is in the exploitation of labor, whose unpaid work is the ultimate source of surplus value.The owner of the means of production is able to claim the right to this surplus value because they are legally protected by the ruling regime through property rights and the legally established distribution of shares which are ...
Part One of Fundamentals covers materialist and idealist philosophy, the use of dialectics within materialist philosophy and its opposition to metaphysics, and develops a theory of knowledge, truth, necessity, and human freedom.