Search results
Results From The WOW.Com Content Network
In Marxist theory, societies consist of two parts: the base (or substructure) and superstructure. The base refers to the mode of production which includes the forces and relations of production (e.g. employer–employee work conditions, the technical division of labour , and property relations) into which people enter to produce the necessities ...
Marx regarded the TRPF as a general tendency in the development of the capitalist mode of production. Marx maintained that it was only a tendency, and that there are also "counteracting factors" operating which had to be studied as well. The counteracting factors were factors that would normally raise the rate of profit.
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 ...
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 statistical and historical evidence about the Kondratiev waves of capitalist development from the 1830s onwards is certainly favourable to Marx's theory of the rising organic composition of capital. [4] It is difficult to find industries where the secular historical trend is one of an increase in the share of wages in the total capital ...
So did Louis Althusser, who later defined Marxism and psychoanalysis as "conflictual sciences", [45] stating that political factions and revisionism are inherent to Marxist theory and political praxis, because dialectical materialism is the philosophic product of class struggle:
The Mises theory of money and calculation conflicts directly with Marxist labour theory of value. Marxist theory allows for the possibility that labour content can serve as a common means of valuing capital goods, a position now out of favour with economists following the success of the theory of marginal utility.
The work for which Cohen is best known, Karl Marx's Theory of History helped to establish analytical Marxism and was awarded the Isaac Deutscher memorial prize. [4] [5] Cohen's interpretation of Marx runs counter to most forms of twentieth-century Marxism, [6] and has been criticised as a form of technological determinism. [3] [6] [7]