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In the Marxist view, such an arrangement will be made possible by the abundance of goods and services that a developed communist system will be capable to produce; the idea is that, with the full development of socialism and unfettered productive forces, there will be enough to satisfy everyone's needs. [4] [5]
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]
This is an accepted version of this page This is the latest accepted revision, reviewed on 3 February 2025. Economic and sociopolitical worldview For the political ideology commonly associated with states governed by communist parties, see Marxism–Leninism. Karl Marx, after whom Marxism is named. Friedrich Engels, who co-developed Marxism. Marxism is a political philosophy and method of ...
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.
Rentier capitalism is a concept in Marxist and heterodox economics to refer to rent-seeking and exploitation by companies in capitalist systems. [1] [2] [3] The term was developed by Austrian social geographer Hans Bobek [4] describing an economic system that was widespread in antiquity and still widespread in the Middle East, where productive investments are largely lacking and the highest ...
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 ...
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]
Marx critiques the capitalist mode of production, highlighting its inherent contradictions and tendency toward crises. He predicts that these contradictions will eventually lead to the overthrow of capitalism by the proletariat, paving the way for a classless, communist society. The work is foundational for Marxist theory and socialist movements.