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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. Marxian economics comprises several ...
Marxism. In Marxist theory and Marxian economics, the immiseration thesis, also referred to as emiseration thesis, is derived from Karl Marx 's analysis of economic development in capitalism, implying that the nature of capitalist production stabilizes real wages, reducing wage growth relative to total value creation in the economy.
Stephen Alvin Resnick (/ ˈrɛznɪk /; October 24, 1938 – January 2, 2013) was an American Marxist economist. [2] He was well known for his work (much of it written together with Richard D. Wolff) on Marxian economics, economic methodology, and class analysis. His work, along with that of Wolff, is especially associated with a post ...
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] The core concepts of classical Marxism include alienation, base and superstructure ...
Marxist schools of thought. Marxism is a method of socioeconomic analysis that originates in the works of 19th century German philosophers Karl Marx and Friedrich Engels. Marxism analyzes and critiques the development of class society and especially of capitalism as well as the role of class struggles in systemic, economic, social and political ...
The law of the value of commodities (German: Wertgesetz der Waren), [1] known simply as the law of value, is a central concept in Karl Marx's critique of political economy first expounded in his polemic The Poverty of Philosophy (1847) against Pierre-Joseph Proudhon with reference to David Ricardo's economics.
0333058003. An Essay on Marxian Economics[1] is an analytical essay written by in 1942 by economist Joan Robinson. The essay deals with the orthodox teachings of capital accumulation, the essential demand crisis and real wages by comparing it to Karl Marx's Das Kapital. It is a wide-ranging critique on Marx and Orthodox economics while also ...
Marxism. Various Marxist authors have focused on Marx's method of analysis and presentation (historical materialist and logically dialectical) as key factors both in understanding the range and incisiveness of Karl Marx 's writing in general, his critique of political economy, as well as Grundrisse and Das Kapital in particular.