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Marxist economist Paul Sweezy rejects Böhm-Bawerk's view that the theory of value must be abandoned. However, he considers Karl Marx and the Close of His System to be the best statement of the argument that the fact that the law of value is not directly controlling in capitalist production requires the rejection of the theory of value. [4]
Karl Marx and the Close of His System is a book published in 1896 by the Austrian economist Eugen von Bohm-Bawerk, which represented one of the earliest detailed critiques of Marxism. Criticism of Marxism (also known as Anti-Marxism) has come from various political ideologies, campaigns and academic disciplines.
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The Critique of the Gotha Programme (German: Kritik des Gothaer Programms) is a document based on a letter by Karl Marx written in early May 1875 to the Social Democratic Workers' Party of Germany (SDAP), with whom Marx and Friedrich Engels were in close association.
In contrast, the TSSI is "temporal" or non-simultaneous, holding that prices (and values) of inputs and outputs in Marx's theory need not be (and generally are not) equal. Second, according to the Bortkiewiczian interpretation of Marx's value theory, values and prices constitute two distinct and independent "systems".
The second theme is the criticism of Marx’s definition of the substance of value as social labour (abstract labour). The third theme is the neo-Ricardian critique of Marx, which claims to make Marx’s theory of the form of value redundant. The fourth theme is the Chartalist criticism of Marx’s theory of the money-form of value.
Open Marxism is a collection of critical and heterodox Marxist schools of thought which critique state socialism [1] and party politics, stressing the need for openness to praxis and history through an anti-positivist method grounded in the "practical reflexivity" of Karl Marx's own concepts. [2]
Marxist literary criticism is a theory of literary criticism based on the historical materialism developed by philosopher and economist Karl Marx.Marxist critics argue that even art and literature themselves form social institutions and have specific ideological functions, based on the background and ideology of their authors.