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  2. Theory of the productive forces - Wikipedia

    en.wikipedia.org/wiki/Theory_of_the_productive...

    The theory of the productive forces, sometimes referred to as productive force determinism, is a variation of historical materialism and Marxism that places primary emphasis on technical advances as the basis for advances and changes in the social structure and culture of a given civilization. The relative strength assigned to the role of ...

  3. Productive forces - Wikipedia

    en.wikipedia.org/wiki/Productive_forces

    Productive forces, productive powers, or forces of production (German: Produktivkräfte) is a central idea in Marxism and historical materialism.. In Karl Marx and Friedrich Engels' own critique of political economy, it refers to the combination of the means of labor (tools, machinery, land, infrastructure, and so on) with human labour power.

  4. Tendency of the rate of profit to fall - Wikipedia

    en.wikipedia.org/wiki/Tendency_of_the_rate_of...

    Marx argued that, instead, the tendency of the rate of profit to fall is "an expression peculiar to the capitalist mode of production of the progressive development of the social productivity of labor". [40] Marx never denied that profits could contingently fall for all kinds of reasons, [40] but he thought there was also a structural reason ...

  5. Marxism - Wikipedia

    en.wikipedia.org/wiki/Marxism

    This is an accepted version of this page This is the latest accepted revision, reviewed on 23 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 ...

  6. Mode of production - Wikipedia

    en.wikipedia.org/wiki/Mode_of_production

    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).

  7. Organic composition of capital - Wikipedia

    en.wikipedia.org/wiki/Organic_composition_of_capital

    But this represents only a tendency, Marx argues, because the fall of the rate of profit can be offset by counteracting influences. The main ones include: buying constant capital inputs at a lower cost. an increase in the rate of exploitation and productivity of labour power (including the intensity of work).

  8. Monopoly Capital - Wikipedia

    en.wikipedia.org/wiki/Monopoly_Capital

    The composition of the surplus shows how it uses that freedom: how much it invests in expanding its productive capacity, how much it consumes in various forms, how much it wastes and in what ways.” [3] Although some scholars viewed the introduction of this concept as a break with the Marxist approach to value, later publications by Baran and ...

  9. Socialist mode of production - Wikipedia

    en.wikipedia.org/wiki/Socialist_mode_of_production

    The Marxist view of socialism served as a point of reference during the socialist calculation debate. Marx himself did not use the term socialism to refer to this development. Instead, Marx called it a communist society that has not yet reached its higher-stage. [8] The term socialism was popularized during the Russian Revolution by Vladimir ...