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Marxian economics, or the Marxian school of economics, is a heterodox school of political economic thought. Its foundations can be traced back to Karl Marx's critique of political economy. However, unlike critics of political economy, Marxian economists tend to accept the concept of the economy prima facie.
Marx's "base determines superstructure" axiom, however, requires qualification: the base is the whole of productive relationships, not only a given economic element, e.g. the working class; historically, the superstructure varies and develops unevenly in society's different activities; for example, art, politics, economics, etc.
Although Marx and Engels wrote very little on socialism and neglected to provide any details on how it might be organized, [7] numerous social scientists and neoclassical economists have used Marx's theory as a basis for developing their own models of socialist economic systems. The Marxist view of socialism served as a point of reference ...
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).
Karl Marx's class theory derives from a range of philosophical schools of thought including left Hegelianism, Scottish Empiricism, and Anglo-French political-economics.. Marx's view of class originated from a series of personal interests relating to social alienation and human struggle, whereby the formation of class structure relates to acute historical consciousn
The immediate post-war period produced little that was Marxist by these criteria, with perhaps the sole exception of Paul Mattick's essays which defended the orthodox theoretical Marxism, particularly on the issue of Marx's theory of crisis, against revisionists such as Paul Sweezy. Mattick's essay "Technology and the Mixed Economy" (1966) was ...
Marxist cultural analysis is a form of cultural analysis and anti-capitalist cultural critique, which assumes the theory of cultural hegemony and from this specifically targets those aspects of culture that are profit driven and mass-produced under capitalism.
Marxism and Keynesianism is a method of understanding and comparing the works of influential economists John Maynard Keynes and Karl Marx.Both men's works has fostered respective schools of economic thought (Marxian economics and Keynesian economics) that have had significant influence in various academic circles as well as in influencing government policy of various states.