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Marxism is a
left-wing Left-wing politics describes the range of political ideologies that support and seek to achieve social equality and egalitarianism, often in opposition to social hierarchy. Left-wing politics typically involve a concern for those in soci ...
to
far-left Far-left politics, also known as the radical left or the extreme left, are politics further to the left on the left–right political spectrum than the standard political left. The term does not have a single definition. Some scholars conside ...
method of
socioeconomic Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes. In general it analyzes how modern societies progress, stagnate, or regress because of their l ...
analysis that uses a
materialist Materialism is a form of philosophical monism which holds matter to be the fundamental substance in nature, and all things, including mental states and consciousness, are results of material interactions. According to philosophical materiali ...
interpretation of historical development, better known as
historical materialism Historical materialism is the term used to describe Karl Marx's theory of history. Marx locates historical change in the rise of class societies and the way humans labor together to make their livelihoods. For Marx and his lifetime collaborat ...
, to understand
class Class or The Class may refer to: Common uses not otherwise categorized * Class (biology), a taxonomic rank * Class (knowledge representation), a collection of individuals or objects * Class (philosophy), an analytical concept used differently ...
relations and
social conflict Social conflict is the struggle for agency or power in society. Social conflict occurs when two or more people oppose each other in social interaction, and each exerts social power with reciprocity in an effort to achieve incompatible goals but ...
and a
dialectic Dialectic ( grc-gre, διαλεκτική, ''dialektikḗ''; related to dialogue; german: Dialektik), also known as the dialectical method, is a discourse between two or more people holding different points of view about a subject but wishing ...
al perspective to view social transformation. It originates from the works of 19th-century German philosophers
Karl Marx Karl Heinrich Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist, critic of political economy, and socialist revolutionary. His best-known titles are the 1848 ...
and
Friedrich Engels Friedrich Engels ( ,"Engels"
'' schools of thought, no single, definitive
Marxist theory Marxist philosophy or Marxist theory are works in philosophy that are strongly influenced by Karl Marx's materialist approach to theory, or works written by Marxists. Marxist philosophy may be broadly divided into Western Marxism, which drew fro ...
exists. In addition to the schools of thought which emphasize or modify elements of
classical Marxism Classical Marxism refers to the economic, philosophical, and sociological theories expounded by Karl Marx and Friedrich Engels as contrasted with later developments in Marxism, especially Marxism–Leninism. Karl Marx Karl Marx (5 May 1818, ...
, various Marxian concepts have been incorporated and adapted into a diverse array of social theories leading to widely varying conclusions. Alongside Marx's critique of political economy, the defining characteristics of Marxism have often been described using the terms dialectical materialism and
historical materialism Historical materialism is the term used to describe Karl Marx's theory of history. Marx locates historical change in the rise of class societies and the way humans labor together to make their livelihoods. For Marx and his lifetime collaborat ...
, though these terms were coined after Marx's death and their tenets have been challenged by some self-described Marxists. Marxism has had a profound impact on global academia, having influenced many fields, including
anthropology Anthropology is the scientific study of humanity, concerned with human behavior, human biology, cultures, societies, and linguistics, in both the present and past, including past human species. Social anthropology studies patterns of be ...
,
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, art theory,
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,
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,
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,
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,
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,
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,
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,
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,
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,
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,
philosophy Philosophy (from , ) is the systematized study of general and fundamental questions, such as those about existence, reason, knowledge, values, mind, and language. Such questions are often posed as problems to be studied or resolved. ...
,
political science Political science is the scientific study of politics. It is a social science dealing with systems of governance and power, and the analysis of political activities, political thought, political behavior, and associated constitutions and ...
,
political economy Political economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour ...
,
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, science studies,
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,
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, and
theatre Theatre or theater is a collaborative form of performing art that uses live performers, usually actors or actresses, to present the experience of a real or imagined event before a live audience in a specific place, often a stage. The perfor ...
.


Overview

Marxism seeks to explain social phenomena within any given society by analysing the material conditions and
economic activities Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyze ...
required to fulfill human material needs. It assumes that the form of economic organisation, or mode of production, influences all other social phenomena, including broader social relations, political institutions, legal systems, cultural systems, aesthetics and ideologies. These social relations and the economic system form a base and superstructure. As forces of production (i.e.
technology Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, scien ...
) improve, existing forms of organising production become obsolete and hinder further progress.
Karl Marx Karl Heinrich Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist, critic of political economy, and socialist revolutionary. His best-known titles are the 1848 ...
wrote: "At a certain stage of development, the material productive forces of society come into conflict with the existing relations of production or—this merely expresses the same thing in legal terms—with the property relations within the framework of which they have operated hitherto. From forms of development of the productive forces these relations turn into their fetters. Then begins an era of
social revolution Social revolutions are sudden changes in the structure and nature of society. These revolutions are usually recognized as having transformed society, economy, culture, philosophy, and technology along with but more than just the political sys ...
." These inefficiencies manifest themselves as social contradictions in society which are, in turn, fought out at the level of
class struggle Class conflict, also referred to as class struggle and class warfare, is the political tension and economic antagonism that exists in society because of socio-economic competition among the social classes or between rich and poor. The form ...
. Under the capitalist mode of production, this struggle materialises between the minority who own the
means of production The means of production is a term which describes land, labor and capital that can be used to produce products (such as goods or services); however, the term can also refer to anything that is used to produce products. It can also be used as a ...
(the
bourgeoisie The bourgeoisie ( , ) is a social class, equivalent to the middle or upper middle class. They are distinguished from, and traditionally contrasted with, the proletariat by their affluence, and their great cultural and financial capital. Th ...
) and the vast majority of the population who produce goods and services (the
proletariat The proletariat (; ) is the social class of wage-earners, those members of a society whose only possession of significant economic value is their labour power (their capacity to work). A member of such a class is a proletarian. Marxist philo ...
). Starting with the conjectural premise that
social change Social change is the alteration of the social order of a society which may include changes in social institutions, social behaviours or social relations. Definition Social change may not refer to the notion of social progress or soci ...
occurs due to the struggle between different classes within society who contradict one another, a Marxist would conclude that
capitalism Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private ...
exploits and oppresses the proletariat; therefore, capitalism will inevitably lead to a proletarian revolution. In a
socialist Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the ...
society,
private property Private property is a legal designation for the ownership of property by non-governmental legal entities. Private property is distinguishable from public property and personal property, which is owned by a state entity, and from collective or ...
—as the means of production—would be replaced by
cooperative A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-contro ...
ownership. A socialist economy would not base production on the creation of private profits but on the criteria of satisfying human needs—that is, production for use.
Friedrich Engels Friedrich Engels ( ,"Engels"
'' Marxian economics 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 ...
and its proponents view capitalism as economically unsustainable and incapable of improving the population's living standards due to its need to compensate for the falling rate of profit by cutting employees' wages and social benefits while pursuing military aggression. The socialist mode of production would succeed
capitalism Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private ...
as humanity's mode of production through
revolution In political science, a revolution (Latin: ''revolutio'', "a turn around") is a fundamental and relatively sudden change in political power and political organization which occurs when the population revolts against the government, typically due ...
by workers. According to Marxian crisis theory, socialism is not an inevitability but an economic necessity.


Etymology

The term ''Marxism'' was popularised by
Karl Kautsky Karl Johann Kautsky (; ; 16 October 1854 – 17 October 1938) was a Czech-Austrian philosopher, journalist, and Marxist theorist. Kautsky was one of the most authoritative promulgators of orthodox Marxism after the death of Friedrich Engels ...
, who considered himself an '' orthodox Marxist'' during the dispute between Marx's orthodox and '' revisionist'' followers. Kautsky's revisionist rival
Eduard Bernstein Eduard Bernstein (; 6 January 1850 – 18 December 1932) was a German social democratic Marxist theorist and politician. A member of the Social Democratic Party of Germany (SPD), Bernstein had held close association to Karl Marx and Friedr ...
also later adopted the term. Engels did not support using ''Marxism'' to describe either Marx's or his views. He claimed that the term was being abusively used as a rhetorical
qualifier In linguistics, a modifier is an optional element in phrase structure or clause structure which ''modifies'' the meaning of another element in the structure. For instance, the adjective "red" acts as a modifier in the noun phrase "red ball", prov ...
by those attempting to cast themselves as genuine followers of Marx while casting others in different terms, such as ''
Lassallians Lassallism is the strategy of the pursuit of socialism through the use of the state. This school of thought developed from German jurist and socialist activist Ferdinand Lassalle. This school of thought diverged from the route to socialism prop ...
''. In 1882, Engels claimed that Marx had criticised self-proclaimed Marxist Paul Lafargue by saying that if Lafargue's views were considered Marxist, then "one thing is certain and that is that I am not a Marxist."


Historical materialism

Marxism uses a
materialist Materialism is a form of philosophical monism which holds matter to be the fundamental substance in nature, and all things, including mental states and consciousness, are results of material interactions. According to philosophical materiali ...
methodology, referred to by Marx and Engels as the materialist conception of history and later better known as historical materialism, to analyse the underlying causes of societal development and change from the perspective of the collective ways in which humans make their living. Marx's account of the theory is in '' The German Ideology'' (1845) and the preface '' A Contribution to the Critique of Political Economy'' (1859). All constituent features of a society (
social class A social class is a grouping of people into a set of hierarchical social categories, the most common being the upper, middle and lower classes. Membership in a social class can for example be dependent on education, wealth, occupation, inc ...
es, political pyramid and ideologies) are assumed to stem from economic activity, forming what is considered the base and superstructure. The base and superstructure metaphor describes the totality of social relations by which humans produce and re-produce their social existence. According to Marx, the "sum total of the forces of production accessible to men determines the condition of society" and forms a society's economic base. The base includes the material forces of production such as the labour,
means of production The means of production is a term which describes land, labor and capital that can be used to produce products (such as goods or services); however, the term can also refer to anything that is used to produce products. It can also be used as a ...
and
relations of production Relations of production (german: Produktionsverhältnisse, links=no) is a concept frequently used by Karl Marx and Friedrich Engels in their theory of historical materialism and in ''Das Kapital''. It is first explicitly used in Marx's publish ...
, i.e. the social and political arrangements that regulate production and distribution. From this base rises a superstructure of legal and political "forms of social consciousness" that derive from the economic base that conditions both the superstructure and the
dominant ideology In Marxist philosophy, the term dominant ideology denotes the attitudes, beliefs, values, and morals shared by the majority of the people in a given society. As a mechanism of social control, the dominant ideology frames how the majority of the ...
of a society. Conflicts between the development of material productive forces and the relations of production provoke
social revolution Social revolutions are sudden changes in the structure and nature of society. These revolutions are usually recognized as having transformed society, economy, culture, philosophy, and technology along with but more than just the political sys ...
s, whereby changes to the economic base lead to the superstructure's social transformation. This relationship is reflexive in that the base initially gives rise to the superstructure and remains the foundation of a form of social organization. Those newly formed social organizations can then act again upon both parts of the base and superstructure so that rather than being static, the relationship is
dialectic Dialectic ( grc-gre, διαλεκτική, ''dialektikḗ''; related to dialogue; german: Dialektik), also known as the dialectical method, is a discourse between two or more people holding different points of view about a subject but wishing ...
, expressed and driven by conflicts and contradictions. Engels clarified: "The history of all hitherto existing society is the history of class struggles. Freeman and slave, patrician and
plebeian In ancient Rome, the plebeians (also called plebs) were the general body of free Roman citizens who were not patricians, as determined by the census, or in other words " commoners". Both classes were hereditary. Etymology The precise origins ...
,
lord Lord is an appellation for a person or deity who has authority, control, or power (social and political), power over others, acting as a master, chief, or ruler. The appellation can also denote certain persons who hold a title of the Peerage ...
and
serf Serfdom was the status of many peasants under feudalism, specifically relating to manorialism, and similar systems. It was a condition of debt bondage and indentured servitude with similarities to and differences from slavery, which developed ...
,
guild A guild ( ) is an association of artisans and merchants who oversee the practice of their craft/trade in a particular area. The earliest types of guild formed as organizations of tradesmen belonging to a professional association. They sometim ...
-master and journeyman, in a word, oppressor and oppressed, stood in constant opposition to one another, carried on uninterrupted, now hidden, now open fight, a fight that each time ended, either in a revolutionary reconstitution of society at large, or in the common ruin of the contending classes." Marx considered recurring class conflicts as the driving force of human history as such conflicts have manifested as distinct transitional stages of development in
Western Europe Western Europe is the western region of Europe. The region's countries and territories vary depending on context. The concept of "the West" appeared in Europe in juxtaposition to "the East" and originally applied to the ancient Mediterranean ...
. Accordingly, Marx designated human history as encompassing four stages of development in relations of production: # Primitive communism: cooperative tribal societies. #
Slave society Slavery and enslavement are both the state and the condition of being a slave—someone forbidden to quit one's service for an enslaver, and who is treated by the enslaver as property. Slavery typically involves slaves being made to perf ...
: development of tribal to
city-state A city-state is an independent sovereign city which serves as the center of political, economic, and cultural life over its contiguous territory. They have existed in many parts of the world since the dawn of history, including cities such as ...
in which
aristocracy Aristocracy (, ) is a form of government that places strength in the hands of a small, privileged ruling class, the aristocrats. The term derives from the el, αριστοκρατία (), meaning 'rule of the best'. At the time of the word' ...
is born. #
Feudalism Feudalism, also known as the feudal system, was the combination of the legal, economic, military, cultural and political customs that flourished in medieval Europe between the 9th and 15th centuries. Broadly defined, it was a way of structu ...
: aristocrats are the
ruling class In sociology, the ruling class of a society is the social class who set and decide the political and economic agenda of society. In Marxist philosophy, the ruling class are the capitalist social class who own the means of production and by ex ...
, while
merchant A merchant is a person who trades in commodities produced by other people, especially one who trades with foreign countries. Historically, a merchant is anyone who is involved in business or trade. Merchants have operated for as long as indust ...
s evolve into the
bourgeoisie The bourgeoisie ( , ) is a social class, equivalent to the middle or upper middle class. They are distinguished from, and traditionally contrasted with, the proletariat by their affluence, and their great cultural and financial capital. Th ...
. #
Capitalism Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private ...
: capitalists are the ruling class who create and employ the
proletariat The proletariat (; ) is the social class of wage-earners, those members of a society whose only possession of significant economic value is their labour power (their capacity to work). A member of such a class is a proletarian. Marxist philo ...
. While historical materialism has been referred to as a materialist theory of history, Marx did not claim to have produced a master key to history and that the materialist conception of history is not "an historico-philosophic theory of the , imposed by fate upon every people, whatever the historic circumstances in which it finds itself." In a letter to the editor of the Russian newspaper paper (1877), he explained that his ideas were based upon a concrete study of the actual conditions in Europe.


Criticism of capitalism

According to the Marxist theoretician and revolutionary socialist
Vladimir Lenin Vladimir Ilyich Ulyanov. ( 1870 – 21 January 1924), better known as Vladimir Lenin,. was a Russian revolutionary, politician, and political theorist. He served as the first and founding head of government of Soviet Russia from 1917 to 1 ...
, "the principal content of Marxism" was "Marx's economic doctrine." Marx demonstrated how the capitalist
bourgeoisie The bourgeoisie ( , ) is a social class, equivalent to the middle or upper middle class. They are distinguished from, and traditionally contrasted with, the proletariat by their affluence, and their great cultural and financial capital. Th ...
and their economists were promoting what he saw as the lie that "the interests of the capitalist and of the worker are ... one and the same." He believed that they did this by purporting the concept that "the fastest possible growth of productive
capital Capital may refer to: Common uses * Capital city, a municipality of primary status ** List of national capital cities * Capital letter, an upper-case letter Economics and social sciences * Capital (economics), the durable produced goods used fo ...
" was best for wealthy capitalists and workers because it provided them with employment. Exploitation is a matter of surplus labour—the amount of labour performed beyond what is received in goods. Exploitation has been a
socioeconomic Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes. In general it analyzes how modern societies progress, stagnate, or regress because of their l ...
feature of every class society and is one of the principal features distinguishing the social classes. The power of one social class to control the
means of production The means of production is a term which describes land, labor and capital that can be used to produce products (such as goods or services); however, the term can also refer to anything that is used to produce products. It can also be used as a ...
enables its exploitation of other classes. Under capitalism, the
labour theory of value The labor theory of value (LTV) is a theory of value that argues that the economic value of a good or service is determined by the total amount of " socially necessary labor" required to produce it. The LTV is usually associated with Marxian ...
is the operative concern, whereby the
value Value or values may refer to: Ethics and social * Value (ethics) wherein said concept may be construed as treating actions themselves as abstract objects, associating value to them ** Values (Western philosophy) expands the notion of value beyo ...
of a
commodity In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. The price of a co ...
equals the socially necessary labour time required to produce it. Under such conditions,
surplus value In Marxian economics, surplus value is the difference between the amount raised through a sale of a product and the amount it cost to the owner of that product to manufacture it: i.e. the amount raised through sale of the product minus the cos ...
—the difference between the value produced and the value received by a labourer—is synonymous with ''surplus labour,'' and capitalist exploitation is thus realised as deriving surplus value from the worker. In pre-capitalist economies, exploitation of the worker was achieved via physical
coercion Coercion () is compelling a party to act in an involuntary manner by the use of threats, including threats to use force against a party. It involves a set of forceful actions which violate the free will of an individual in order to induce a des ...
. Under the capitalist mode of production, those results are more subtly achieved because workers do not own the means of production and must "voluntarily" enter into an exploitative work relationship with a capitalist to earn the necessities of life. The worker's entry into such employment is voluntary because they choose which capitalist to work for. However, the worker must work or starve. Thus exploitation is inevitable, and the voluntary nature of a worker participating in a capitalist society is illusory; it is production, not circulation, that causes exploitation. Marx emphasised that capitalism ''per se'' does not cheat the worker. Alienation (German: ''Entfremdung'') is the estrangement of people from their humanity and a systematic result of capitalism. Under capitalism, the fruits of production belong to employers, who expropriate the surplus created by others and generate alienated labourers. In Marx's view, alienation is an objective characterization of the worker's situation in capitalism—his or her self-awareness of this condition is not prerequisite. In addition to criticism, Marx has also praised some of the results of capitalism stating that it "has created more massive and more colossal productive forces than have all preceding generations together" and that it "has put an end to all feudal, patriarchal arrangements."


Social classes

Marx distinguishes social classes based on two criteria, i.e. ownership of means of production and control over the labour power of others. Following this criterion of class based on property relations, Marx identified the
social stratification Social stratification refers to a society's categorization of its people into groups based on socioeconomic factors like wealth, income, race, education, ethnicity, gender, occupation, social status, or derived power (social and politi ...
of the capitalist mode of production with the following social groups: *
Proletariat The proletariat (; ) is the social class of wage-earners, those members of a society whose only possession of significant economic value is their labour power (their capacity to work). A member of such a class is a proletarian. Marxist philo ...
: " e class of modern
wage labour Wage labour (also wage labor in American English), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomics, socioeconomic relationship between a workforce, worker and an employment, employer in which the w ...
ers who, having no means of production of their own, are reduced to selling their labour power in order to live." The capitalist mode of production establishes the conditions that enable the bourgeoisie to exploit the proletariat as the worker's labour generates a
surplus value In Marxian economics, surplus value is the difference between the amount raised through a sale of a product and the amount it cost to the owner of that product to manufacture it: i.e. the amount raised through sale of the product minus the cos ...
greater than the worker's
wage A wage is payment made by an employer to an employee for work done in a specific period of time. Some examples of wage payments include compensatory payments such as ''minimum wage'', '' prevailing wage'', and ''yearly bonuses,'' and remune ...
. **
Lumpenproletariat In Marxist theory, the ''Lumpenproletariat'' () is the underclass devoid of class consciousness. Karl Marx and Friedrich Engels coined the word in the 1840s and used it to refer to the unthinking lower strata of society exploited by reactionary a ...
: the outcasts of society, such as the criminals, vagabonds, beggars, or prostitutes, without any
political Politics (from , ) is the set of activities that are associated with making decisions in groups, or other forms of power relations among individuals, such as the distribution of resources or status. The branch of social science that studi ...
or class consciousness. Having no interest in national, let alone international, economic affairs, Marx claimed that this specific sub-division of the proletariat would play no part in the eventual social revolution. * Bourgeoisie: those who "own the means of production" and buy labour power from the proletariat, thus exploiting the proletariat. They subdivide as bourgeoisie and the petite bourgeoisie. ** Petite bourgeoisie: those who work and can afford to buy little labour power (i.e. small business owners,
peasant A peasant is a pre-industrial agricultural laborer or a farmer with limited land-ownership, especially one living in the Middle Ages under feudalism and paying rent, tax, fees, or services to a landlord. In Europe, three classes of peasa ...
s,
landlord A landlord is the owner of a house, apartment, condominium, land, or real estate which is rented or leased to an individual or business, who is called a tenant (also a ''lessee'' or ''renter''). When a juristic person is in this position, t ...
s and trade workers). Marxism predicts that the continual reinvention of the means of production eventually would destroy the petite bourgeoisie, degrading them from the
middle class The middle class refers to a class of people in the middle of a social hierarchy, often defined by occupation, income, education, or social status. The term has historically been associated with modernity, capitalism and political debate. C ...
to the proletariat. *
Landlords A landlord is the owner of a house, apartment, condominium, land, or real estate which is rented or leased to an individual or business, who is called a tenant (also a ''lessee'' or ''renter''). When a juristic person is in this position, th ...
: a historically significant social class that retains some wealth and power. * Peasantry and farmers: a scattered class incapable of organizing and effecting
socioeconomic Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes. In general it analyzes how modern societies progress, stagnate, or regress because of their l ...
change, most of whom would enter the proletariat while some would become landlords. Class consciousness denotes the awareness—of itself and the social world—that a social class possesses and its capacity to act rationally in its best interests. Class consciousness is required before a social class can effect a successful revolution and, thus, the dictatorship of the proletariat. Without defining ''
ideology An ideology is a set of beliefs or philosophies attributed to a person or group of persons, especially those held for reasons that are not purely epistemic, in which "practical elements are as prominent as theoretical ones." Formerly applied pri ...
'', Marx used the term to describe the production of images of social reality. According to Engels, "ideology is a process accomplished by the so-called thinker consciously, it is true, but with a false consciousness. The real motive forces impelling him remain unknown to him; otherwise it simply would not be an ideological process. Hence he imagines false or seeming motive forces." Because the ruling class controls the society's means of production, the superstructure of society (i.e. the ruling social ideas) is determined by the best interests of the ruling class. In '' The German Ideology'', Marx says that " e ideas of the ruling class are in every epoch the ruling ideas, i.e. the class which is the ruling material force of society, is, at the same time, its ruling intellectual force." The term ''
political economy Political economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour ...
'' initially referred to the study of the material conditions of economic production in the capitalist system. In Marxism, political economy is the study of the means of production, specifically of capital and how that manifests as economic activity. This new way of thinking was invented because
socialists Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the econ ...
believed that
common ownership Common ownership refers to holding the assets of an organization, enterprise or community indivisibly rather than in the names of the individual members or groups of members as common property. Forms of common ownership exist in every econom ...
of the means of production (i.e. the industries, land, wealth of nature, trade apparatus and wealth of the society) would abolish the exploitative working conditions experienced under capitalism. Through working class revolution, the state (which Marxists saw as a weapon for the subjugation of one class by another) is seized and used to suppress the hitherto ruling class of capitalists and (by implementing a commonly owned, democratically controlled workplace) create the society of
communism Communism (from Latin la, communis, lit=common, universal, label=none) is a far-left sociopolitical, philosophical, and economic ideology and current within the socialist movement whose goal is the establishment of a communist society, ...
which Marxists see as true democracy. An economy based on cooperation on human need and social betterment, rather than competition for profit of many independently acting profit seekers, would also be the end of class society, which Marx saw as the fundamental division of all hitherto existing history. Marx saw work, the effort by humans to transform the environment for their needs, as a fundamental feature of humankind.
Capitalism Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private ...
, in which the product of the worker's labour is taken from them and sold at the market rather than being part of the worker's life, is therefore alienating to the worker. Additionally, the worker is compelled by various means (some nicer than others) to work harder, faster, and longer. While this is happening, the employer is constantly trying to save on labour costs by paying the workers less and figuring out how to use cheaper equipment. This allows the employer to extract the largest amount of work and, therefore, potential wealth from their workers. The fundamental nature of capitalist society is no different from that of a slave society in that one small group of society exploits the larger group. Through
common ownership Common ownership refers to holding the assets of an organization, enterprise or community indivisibly rather than in the names of the individual members or groups of members as common property. Forms of common ownership exist in every econom ...
of the means of production, the
profit motive In economics, the profit motive is the motivation of firms that operate so as to maximize their profits. Mainstream microeconomic theory posits that the ultimate goal of a business is "to make money" - not in the sense of increasing the firm's ...
is eliminated, and the motive of furthering human flourishing is introduced. Because the surplus produced by the workers is the property of the society as a whole, there are no classes of producers and appropriators. Additionally, as the state originates in the bands of retainers hired by the first ruling classes to protect their economic privilege, it will wither away as its conditions of existence have disappeared.Kurian, George Thomas. 2011. "Withering Away of the State." P. 1776 in ''The Encyclopedia of Political Science''. Washington, DC: CQ Press. .


Communism, revolution and socialism

According to ''The Oxford Handbook of Karl Marx'', "Marx used many terms to refer to a post-capitalist society—positive humanism, socialism, Communism, realm of free individuality, free association of producers, etc. He used these terms completely interchangeably. The notion that 'socialism' and 'Communism' are distinct historical stages is alien to his work and only entered the lexicon of Marxism after his death." According to orthodox Marxist theory, overthrowing
capitalism Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private ...
by a socialist revolution in contemporary society is inevitable. While the inevitability of an eventual socialist revolution is a controversial debate among many different Marxist schools of thought, all Marxists believe socialism is a necessity. Marxists argue that a
socialist Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the ...
society is far better for most of the populace than its capitalist counterpart. Prior to the
Russian Revolution The Russian Revolution was a period of political and social revolution that took place in the former Russian Empire which began during the First World War. This period saw Russia abolish its monarchy and adopt a socialist form of government ...
,
Vladimir Lenin Vladimir Ilyich Ulyanov. ( 1870 – 21 January 1924), better known as Vladimir Lenin,. was a Russian revolutionary, politician, and political theorist. He served as the first and founding head of government of Soviet Russia from 1917 to 1 ...
wrote: "The socialization of production is bound to lead to the conversion of the means of production into the property of society. ... This conversion will directly result in an immense increase in productivity of labour, a reduction of working hours, and the replacement of the remnants, the ruins of small-scale, primitive, disunited production by collective and improved labour." The failure of the
1905 Russian Revolution The Russian Revolution of 1905,. also known as the First Russian Revolution,. occurred on 22 January 1905, and was a wave of mass political and social unrest that spread through vast areas of the Russian Empire. The mass unrest was directed again ...
, along with the failure of socialist movements to resist the outbreak of
World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, ...
, led to renewed theoretical effort and valuable contributions from Lenin and
Rosa Luxemburg Rosa Luxemburg (; ; pl, Róża Luksemburg or ; 5 March 1871 – 15 January 1919) was a Polish and naturalised-German revolutionary socialism, revolutionary socialist, Marxism, Marxist philosopher and anti-war movement, anti-war activist. Succ ...
towards an appreciation of Marx's crisis theory and efforts to formulate a theory of imperialism.


Schools of thought


Classical

Classical Marxism denotes the collection of socio-eco-political theories expounded by
Karl Marx Karl Heinrich Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist, critic of political economy, and socialist revolutionary. His best-known titles are the 1848 ...
and
Friedrich Engels Friedrich Engels ( ,"Engels"
'' Ernest Mandel remarked, "Marxism is always open, always critical, always self-critical." Classical Marxism distinguishes ''Marxism'' as broadly perceived from "what Marx believed." In 1883, Marx wrote to his son-in-law Paul Lafargue and French labour leader Jules Guesde—both of whom claimed to represent Marxist principles—accusing them of "revolutionary phrase-mongering" and denying the value of reformist struggle. From Marx's letter derives the paraphrase, "If that is Marxism, then I am not a Marxist." Accusing Guesde and Lafargue of "revolutionary phrase-mongering" and "of denying the value of reformist struggles, Marx made his famous remark that, if their politics represented Marxism, '' ('what is certain is that I myself am not a Marxist')." American Marxist scholar Hal Draper responded: "There are few thinkers in modern history whose thought has been so badly misrepresented, by Marxists and anti-Marxists alike."


Libertarian

Libertarian Marxism emphasizes the anti-authoritarian and
libertarian Libertarianism (from french: libertaire, "libertarian"; from la, libertas, "freedom") is a political philosophy that upholds liberty as a core value. Libertarians seek to maximize autonomy and political freedom, and minimize the state's en ...
aspects of Marxism. Early currents of libertarian Marxism, such as left communism, emerged in opposition to
Marxism–Leninism Marxism–Leninism is a communist ideology which was the main communist movement throughout the 20th century. Developed by the Bolsheviks, it was the state ideology of the Soviet Union, its satellite states in the Eastern Bloc, and vario ...
. Libertarian Marxism is often critical of reformist positions such as those held by social democrats. Libertarian Marxist currents often draw from
Karl Marx Karl Heinrich Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist, critic of political economy, and socialist revolutionary. His best-known titles are the 1848 ...
and
Friedrich Engels Friedrich Engels ( ,"Engels"
'' The Civil War in France "The Civil War in France" (German: "Der Bürgerkrieg in Frankreich") was a pamphlet written by Karl Marx, as an official statement of the General Council of the International on the character and significance of the struggle of the Communards in ...
''; emphasizing the Marxist belief in the ability of the
working class The working class (or labouring class) comprises those engaged in manual-labour occupations or industrial work, who are remunerated via waged or salaried contracts. Working-class occupations (see also " Designation of workers by collar colou ...
to forge its destiny without the need for a vanguard party to mediate or aid its liberation. Along with
anarchism Anarchism is a political philosophy and movement that is skeptical of all justifications for authority and seeks to abolish the institutions it claims maintain unnecessary coercion and hierarchy, typically including, though not neces ...
, libertarian Marxism is one of the main currents of
libertarian socialism Libertarian socialism, also known by various other names, is a left-wing,Diemer, Ulli (1997)"What Is Libertarian Socialism?" The Anarchist Library. Retrieved 4 August 2019. anti-authoritarian, anti-statist and libertarianLong, Roderick T. (2 ...
. Libertarian Marxism includes currents such as
autonomism Autonomism, also known as autonomist Marxism is an anti-capitalist left-wing political and social movement and theory. As a theoretical system, it first emerged in Italy in the 1960s from workerism (). Later, post-Marxist and anarchist tende ...
, council communism, De Leonism, Lettrism, parts of the
New Left The New Left was a broad political movement mainly in the 1960s and 1970s consisting of activists in the Western world who campaigned for a broad range of social issues such as civil and political rights, environmentalism, feminism, gay rights ...
, Situationism, Freudo-Marxism (a form of
psychoanalysis PsychoanalysisFrom Greek: + . is a set of theories and therapeutic techniques"What is psychoanalysis? Of course, one is supposed to answer that it is many things — a theory, a research method, a therapy, a body of knowledge. In what might ...
), Socialisme ou Barbarie and
workerism Workerism is a political theory that emphasizes the importance of or glorifies the working class. Workerism, or , was of particular significance in Italian left-wing politics. As revolutionary praxis Workerism (or ) is a political analysis, w ...
. Libertarian Marxism has often strongly influenced both post-left and
social anarchists Social anarchism is the branch of anarchism that sees individual freedom as interrelated with mutual aid.Suissa, Judith (2001). "Anarchism, Utopias and Philosophy of Education". ''Journal of Philosophy of Education'' 35 (4). pp. 627–646. . S ...
. Notable theorists of libertarian Marxism have included Maurice Brinton, Cornelius Castoriadis,
Guy Debord Guy-Ernest Debord (; ; 28 December 1931 – 30 November 1994) was a French Marxist theorist, philosopher, filmmaker, critic of work, member of the Letterist International, founder of a Letterist faction, and founding member of the Situation ...
, Raya Dunayevskaya, Daniel Guérin, C. L. R. James,
Rosa Luxemburg Rosa Luxemburg (; ; pl, Róża Luksemburg or ; 5 March 1871 – 15 January 1919) was a Polish and naturalised-German revolutionary socialism, revolutionary socialist, Marxism, Marxist philosopher and anti-war movement, anti-war activist. Succ ...
, Antonio Negri,
Anton Pannekoek Antonie “Anton” Pannekoek (; 2 January 1873 – 28 April 1960) was a Dutch astronomer, philosopher, Marxist theorist, and socialist revolutionary. He was one of the main theorists of council communism (Dutch: ''radencommunisme''). Biograp ...
, Fredy Perlman, Ernesto Screpanti,
E. P. Thompson Edward Palmer Thompson (3 February 1924 – 28 August 1993) was an English historian, writer, socialist and peace campaigner. He is best known today for his historical work on the radical movements in the late 18th and early 19th centuries, in ...
, Raoul Vaneigem, and Yanis Varoufakis, the latter claiming that Marx himself was a libertarian Marxist.


Humanist

Marxist humanism was born in 1932 with the publication of Marx's '' Economic and Philosophic Manuscripts of 1844'' and reached a degree of prominence in the 1950s and 1960s. Marxist humanists contend that there is continuity between the early philosophical writings of Marx, in which he develops his
theory of alienation Karl Marx's theory of alienation describes the estrangement (German: ''Entfremdung'') of people from aspects of their human nature (''Gattungswesen'', 'species-essence') as a consequence of the division of labor and living in a society of strat ...
, and the structural description of
capitalist Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private ...
society found in his later works, such as ''
Capital Capital may refer to: Common uses * Capital city, a municipality of primary status ** List of national capital cities * Capital letter, an upper-case letter Economics and social sciences * Capital (economics), the durable produced goods used fo ...
''. They hold that grasping Marx's philosophical foundations is necessary to understand his later works properly. Contrary to the official dialectical materialism of the
Soviet Union The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nationa ...
and interpretations of Marx rooted in the structural Marxism of
Louis Althusser Louis Pierre Althusser (, ; ; 16 October 1918 – 22 October 1990) was a French Marxist philosopher. He was born in Algeria and studied at the École normale supérieure in Paris, where he eventually became Professor of Philosophy. Althusser ...
, Marxist humanists argue that Marx's work was an extension or transcendence of enlightenment
humanism Humanism is a philosophical stance that emphasizes the individual and social potential and agency of human beings. It considers human beings the starting point for serious moral and philosophical inquiry. The meaning of the term "human ...
. Whereas other Marxist philosophies see Marxism as
natural science Natural science is one of the branches of science concerned with the description, understanding and prediction of natural phenomena, based on empirical evidence from observation and experimentation. Mechanisms such as peer review and repeatab ...
, Marxist humanism reaffirms the doctrine that "man is the measure of all things"—that humans are essentially different to the rest of the natural order and should be treated so by Marxist theory.


Academic

According to a 2007 survey of American professors by Neil Gross and Solon Simmons, 17.6% of
social science Social science is one of the branches of science, devoted to the study of societies and the relationships among individuals within those societies. The term was formerly used to refer to the field of sociology, the original "science of s ...
professors and 5.0% of
humanities Humanities are academic disciplines that study aspects of human society and culture. In the Renaissance, the term contrasted with divinity and referred to what is now called classics, the main area of secular study in universities at t ...
professors identify as Marxists, while between 0 and 2% of professors in all other disciplines identify as Marxists.


Archaeology

The theoretical development of
Marxist archaeology Marxist archaeology is an archaeological theory that interprets archaeological information within the framework of Marxism. Although neither Karl Marx nor Friedrich Engels described how archaeology could be understood in a Marxist conception ...
was first developed in the
Soviet Union The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nationa ...
in 1929, when a young archaeologist named Vladislav I. Ravdonikas published a report entitled "For a Soviet history of material culture"; within this work, the very discipline of archaeology as it then stood was criticised as being inherently bourgeois, therefore anti-socialist and so, as a part of the academic reforms instituted in the Soviet Union under the administration of General Secretary
Joseph Stalin Joseph Vissarionovich Stalin (born Ioseb Besarionis dze Jughashvili; – 5 March 1953) was a Georgian revolutionary and Soviet Union, Soviet political leader who led the Soviet Union from 1924 until his death in 1953. He held power as Ge ...
, a great emphasis was placed on the adoption of Marxist archaeology throughout the country. These theoretical developments were subsequently adopted by archaeologists working in capitalist states outside of the Leninist bloc, most notably by the Australian academic
V. Gordon Childe Vere Gordon Childe (14 April 189219 October 1957) was an Australian archaeologist who specialised in the study of European prehistory. He spent most of his life in the United Kingdom, working as an academic for the University of Edinburgh and t ...
, who used Marxist theory in his understandings of the development of human society.


Sociology

Marxist sociology, as the study of
sociology Sociology is a social science that focuses on society, human social behavior, patterns of social relationships, social interaction, and aspects of culture associated with everyday life. It uses various methods of empirical investigation an ...
from a Marxist perspective, is "a form of conflict theory associated with ... Marxism's objective of developing a positive (
empirical Empirical evidence for a proposition is evidence, i.e. what supports or counters this proposition, that is constituted by or accessible to sense experience or experimental procedure. Empirical evidence is of central importance to the sciences and ...
) science of
capitalist Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private ...
society A society is a group of individuals involved in persistent social interaction, or a large social group sharing the same spatial or social territory, typically subject to the same political authority and dominant cultural expectations. Soc ...
as part of the mobilization of a revolutionary
working class The working class (or labouring class) comprises those engaged in manual-labour occupations or industrial work, who are remunerated via waged or salaried contracts. Working-class occupations (see also " Designation of workers by collar colou ...
." The
American Sociological Association The American Sociological Association (ASA) is a non-profit organization dedicated to advancing the discipline and profession of sociology. Founded in December 1905 as the American Sociological Society at Johns Hopkins University by a group of fif ...
has a section dedicated to the issues of Marxist sociology that is "interested in examining how insights from Marxist
methodology In its most common sense, methodology is the study of research methods. However, the term can also refer to the methods themselves or to the philosophical discussion of associated background assumptions. A method is a structured procedure for br ...
and Marxist analysis can help explain the complex dynamics of modern society." Influenced by the thought of
Karl Marx Karl Heinrich Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist, critic of political economy, and socialist revolutionary. His best-known titles are the 1848 ...
, Marxist sociology emerged in the late 19th and early 20th centuries. As well as Marx,
Max Weber Maximilian Karl Emil Weber (; ; 21 April 186414 June 1920) was a German sociologist, historian, jurist and political economist, who is regarded as among the most important theorists of the development of modern Western society. His ideas p ...
and
Émile Durkheim David Émile Durkheim ( or ; 15 April 1858 – 15 November 1917) was a French sociologist. Durkheim formally established the academic discipline of sociology and is commonly cited as one of the principal architects of modern social science, al ...
are considered seminal influences in early sociology. The first Marxist school of sociology was known as
Austro-Marxism Austromarxism (also stylised as Austro-Marxism) was a Marxist theoretical current, led by Victor Adler, Otto Bauer, Karl Renner, Max Adler and Rudolf Hilferding, members of the Social Democratic Workers' Party of Austria in Austria-Hungary an ...
, of which Carl Grünberg and Antonio Labriola were among its most notable members. During the 1940s, the
Western Marxist Western Marxism is a current of Marxist theory that arose from Western and Central Europe in the aftermath of the 1917 October Revolution in Russia and the ascent of Leninism. The term denotes a loose collection of theorists who advanced an int ...
school became accepted within Western academia, subsequently fracturing into several different perspectives, such as the
Frankfurt School The Frankfurt School (german: Frankfurter Schule) is a school of social theory and critical philosophy associated with the Institute for Social Research, at Goethe University Frankfurt in 1929. Founded in the Weimar Republic (1918–1933), dur ...
or critical theory. Due to its former state-supported position, there has been a backlash against Marxist thought in
post-communist Post-communism is the period of political and economic transformation or transition in former communist states located in Eastern Europe and parts of Africa and Asia in which new governments aimed to create free market-oriented capitalist economi ...
states (see
sociology in Poland Sociology in Poland has been developing, as has sociology throughout Europe, since the mid-19th century. Although, due to the Partitions of Poland, that country did not exist as an independent state in the 19th century or until the end of World W ...
). However, it remains dominant in the sociological research sanctioned and supported by communist states (see
sociology in China In the People's Republic of China, the study of sociology has been developing steadily since its reestablishment in 1979 (it had been previously banned by communist authorities as a bourgeois pseudoscience). Chinese sociology has a strong focus o ...
).


Economics

Marxian economics is a school of economic thought tracing its foundations to the critique of classical
political economy Political economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour ...
first expounded upon by
Karl Marx Karl Heinrich Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist, critic of political economy, and socialist revolutionary. His best-known titles are the 1848 ...
and
Friedrich Engels Friedrich Engels ( ,"Engels"
'' Marxian economics concerns itself with the analysis of crisis in
capitalism Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private ...
, the role and distribution of the
surplus product Surplus product (german: Mehrprodukt, links=no) is an economic concept explicitly theorised by Karl Marx in his critique of political economy. Roughly speaking, it is the extra goods produced above the amount needed for a community of workers to ...
and
surplus value In Marxian economics, surplus value is the difference between the amount raised through a sale of a product and the amount it cost to the owner of that product to manufacture it: i.e. the amount raised through sale of the product minus the cos ...
in various types of
economic system An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area. It includes the combination of the various institutions, agencies, entit ...
s, the nature and origin of economic value, the impact of class and class struggle on economic and political processes, and the process of economic evolution. Although the Marxian school is considered heterodox, ideas that have come out of Marxian economics have contributed to mainstream understanding of the global economy. Certain concepts of Marxian economics, especially those related to
capital accumulation Capital accumulation is the dynamic that motivates the pursuit of profit, involving the investment of money or any financial asset with the goal of increasing the initial monetary value of said asset as a financial return whether in the form ...
and the business cycle, such as creative destruction, have been fitted for use in capitalist systems.


Education

Marxist education develops Marx's works and those of the movements he influenced in various ways. In addition to the educational psychology of Lev Vygotsky and the pedagogy of Paulo Freire, Samuel Bowles and Herbert Gintis' ''
Schooling in Capitalist America ''Schooling in Capitalist America: Educational Reform and the Contradictions of Economic Life'' is a 1976 book by economists Samuel Bowles and Herbert Gintis. Widely considered a groundbreaking work in sociology of education, it argues the "cor ...
'' is a study of educational reform in the U.S. and its relationship to the reproduction of capitalism and the possibilities of utilizing its contradictions in the revolutionary movement. The work of Peter McLaren, especially since the turn of the 21st century, has further developed Marxist educational theory by developing revolutionary critical pedagogy, as has the work of Glenn Rikowski, Dave Hill, and Paula Allman. Other Marxists have analyzed the forms and pedagogical processes of capitalist and communist education, such as Tyson E. Lewis, Noah De Lissovoy, Gregory Bourassa, and Derek R. Ford. Curry Malott has developed a Marxist history of education in the U.S., and Marvin Gettleman examined the history of communist education. Sandy Grande has synthesized Marxist educational theory with Indigenous pedagogy, while others like John Holt analyze adult education from a Marxist perspective. Other developments include: * the educational aesthetics of Marxist education * Marxist analyses of the role of fixed capital in capitalist education * the educational psychology of capital * the educational theory of Lenin * the pedagogical function of the Communist Party The latest field of research examines and develops Marxist pedagogy in the postdigital era.


Historiography

Marxist historiography is a school of
historiography Historiography is the study of the methods of historians in developing history as an academic discipline, and by extension is any body of historical work on a particular subject. The historiography of a specific topic covers how historians h ...
influenced by Marxism, the chief tenets of which are the centrality of
social class A social class is a grouping of people into a set of hierarchical social categories, the most common being the upper, middle and lower classes. Membership in a social class can for example be dependent on education, wealth, occupation, inc ...
and
economic An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with th ...
constraints in determining historical outcomes. Marxist historiography has contributed to the history of the
working class The working class (or labouring class) comprises those engaged in manual-labour occupations or industrial work, who are remunerated via waged or salaried contracts. Working-class occupations (see also " Designation of workers by collar colou ...
, oppressed nationalities, and the
methodology In its most common sense, methodology is the study of research methods. However, the term can also refer to the methods themselves or to the philosophical discussion of associated background assumptions. A method is a structured procedure for br ...
of history from below.
Friedrich Engels Friedrich Engels ( ,"Engels"
'' German Peasants' War The German Peasants' War, Great Peasants' War or Great Peasants' Revolt (german: Deutscher Bauernkrieg) was a widespread popular revolt in some German-speaking areas in Central Europe from 1524 to 1525. It failed because of intense oppositi ...
which analysed social warfare in early Protestant Germany regarding emerging capitalist classes. ''The German Peasants' War'' indicates the Marxist interest in history from below and class analysis and attempts a dialectical analysis. Engels' short treatise '' The Condition of the Working Class in England in 1844'' was salient in creating the
socialist Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the ...
impetus in British politics. Marx's most important works on social and political history include '' The Eighteenth Brumaire of Louis Napoleon'', '' The Communist Manifesto'', '' The German Ideology'', and those chapters of ''
Das Kapital ''Das Kapital'', also known as ''Capital: A Critique of Political Economy'' or sometimes simply ''Capital'' (german: Das Kapital. Kritik der politischen Ökonomie, link=no, ; 1867–1883), is a foundational theoretical text in materialist phi ...
'' dealing with the historical emergence of
capitalists Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private pr ...
and
proletarians The proletariat (; ) is the social class of wage-earners, those members of a society whose only possession of significant economic value is their labour power (their capacity to work). A member of such a class is a proletarian. Marxist philos ...
from
pre-industrial Pre-industrial society refers to social attributes and forums of political and cultural organization that were prevalent before the advent of the Industrial Revolution, which occurred from 1750 to 1850. ''Pre-industrial'' refers to a time befor ...
English society. Marxist historiography suffered in the
Soviet Union The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nationa ...
as the government requested overdetermined historical writing. Notable histories include the '' History of the Communist Party of the Soviet Union (Bolsheviks)'', published in the 1930s to justify the nature of Bolshevik party life under
Joseph Stalin Joseph Vissarionovich Stalin (born Ioseb Besarionis dze Jughashvili; – 5 March 1953) was a Georgian revolutionary and Soviet Union, Soviet political leader who led the Soviet Union from 1924 until his death in 1953. He held power as Ge ...
. A circle of historians inside the
Communist Party of Great Britain The Communist Party of Great Britain (CPGB) was the largest communist organisation in Britain and was founded in 1920 through a merger of several smaller Marxist groups. Many miners joined the CPGB in the 1926 general strike. In 1930, the CPGB ...
(CPGB) formed in 1946. While some members of the group, most notably Christopher Hill and
E. P. Thompson Edward Palmer Thompson (3 February 1924 – 28 August 1993) was an English historian, writer, socialist and peace campaigner. He is best known today for his historical work on the radical movements in the late 18th and early 19th centuries, in ...
, left the CPGB after the
1956 Hungarian Revolution The Hungarian Revolution of 1956 (23 October – 10 November 1956; hu, 1956-os forradalom), also known as the Hungarian Uprising, was a countrywide revolution against the government of the Hungarian People's Republic (1949–1989) and the Hung ...
, the common points of British Marxist historiography continued in their works. Thompson's '' The Making of the English Working Class'' is one of the works commonly associated with this group.
Eric Hobsbawm Eric John Ernest Hobsbawm (; 9 June 1917 – 1 October 2012) was a British historian of the rise of industrial capitalism, socialism and nationalism. A life-long Marxist, his socio-political convictions influenced the character of his work. ...
's ''Bandits'' is another example of this group's work. C. L. R. James was also a great pioneer of the 'history from below' approach. Living in Britain when he wrote his most notable work, '' The Black Jacobins'' (1938), he was an anti-Stalinist Marxist and so outside of the CPGB. In India, B. N. Datta and D. D. Kosambi are the founding fathers of Marxist historiography. Today, the senior-most scholars of Marxist historiography are R. S. Sharma,
Irfan Habib Irfan Habib (born August 10, 1931) is an Indian historian of ancient and medieval India, following the methodology of Marxist historiography in his contributions to economic history. He identifies as a Marxist and is well known for his strong ...
, Romila Thapar,
D. N. Jha Dwijendra Narayan Jha (19404 February 2021) was an Indian historian who studied and wrote on ancient and medieval India He was a professor of history at Delhi University and a member of the Indian Council of Historical Research. Some of his boo ...
, and
K. N. Panikkar K. N. Panikkar (born April 26, 1936 in Guruvayoor, Kerala) is an Indian historian, associated with the Marxist school of historiography. K. N. Panikkar has written and edited a number of books, including ''A Concerned Indian’s Guide to Com ...
, most of whom are now over 75 years old.


Literary criticism

Marxist literary criticism is a loose term describing
literary criticism Literary criticism (or literary studies) is the study, evaluation, and interpretation of literature. Modern literary criticism is often influenced by literary theory, which is the philosophical discussion of literature's goals and methods. ...
based on
socialist Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the ...
and
dialectic Dialectic ( grc-gre, διαλεκτική, ''dialektikḗ''; related to dialogue; german: Dialektik), also known as the dialectical method, is a discourse between two or more people holding different points of view about a subject but wishing ...
theories. Marxist criticism views
literary works Literature is any collection of written work, but it is also used more narrowly for writings specifically considered to be an art form, especially prose fiction, drama, and poetry. In recent centuries, the definition has expanded to include ...
as reflections of the social institutions from which they originate. According to Marxists, even literature is a social institution with a specific ideological function based on the background and ideology of the author. Marxist literary critics include Mikhail Bakhtin,
Walter Benjamin Walter Bendix Schönflies Benjamin (; ; 15 July 1892 – 26 September 1940) was a German Jewish philosopher, cultural critic and essayist. An eclectic thinker, combining elements of German idealism, Romanticism, Western Marxism, and Jewish ...
, Terry Eagleton, and Fredric Jameson.


Aesthetics

Marxist aesthetics is a theory of
aesthetics Aesthetics, or esthetics, is a branch of philosophy that deals with the nature of beauty and taste, as well as the philosophy of art (its own area of philosophy that comes out of aesthetics). It examines aesthetic values, often expressed t ...
based on or derived from the theories of
Karl Marx Karl Heinrich Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist, critic of political economy, and socialist revolutionary. His best-known titles are the 1848 ...
. It involves a
dialectical Dialectic ( grc-gre, διαλεκτική, ''dialektikḗ''; related to dialogue; german: Dialektik), also known as the dialectical method, is a discourse between two or more people holding different points of view about a subject but wishing t ...
and
materialist Materialism is a form of philosophical monism which holds matter to be the fundamental substance in nature, and all things, including mental states and consciousness, are results of material interactions. According to philosophical materiali ...
, or
dialectical materialist Dialectical materialism is a philosophy of science, history, and nature developed in Europe and based on the writings of Karl Marx and Friedrich Engels. Marxist dialectics, as a materialist philosophy, emphasizes the importance of real-world co ...
, approach to the application of Marxism to the cultural sphere, specifically areas related to taste, such as art and beauty, among others. Marxists believe that economic and social conditions, and especially the class relations that derive from them affect every aspect of an individual's life, from religious beliefs to legal systems to cultural frameworks. Some notable Marxist aestheticians include
Anatoly Lunacharsky Anatoly Vasilyevich Lunacharsky (russian: Анато́лий Васи́льевич Лунача́рский) (born Anatoly Aleksandrovich Antonov, – 26 December 1933) was a Russian Marxist revolutionary and the first Bolshevik Soviet People ...
, Mikhail Lifshitz,
William Morris William Morris (24 March 1834 – 3 October 1896) was a British textile designer, poet, artist, novelist, architectural conservationist, printer, translator and socialist activist associated with the British Arts and Crafts Movement. He w ...
, Theodor W. Adorno,
Bertolt Brecht Eugen Berthold Friedrich Brecht (10 February 1898 – 14 August 1956), known professionally as Bertolt Brecht, was a German theatre practitioner, playwright, and poet. Coming of age during the Weimar Republic, he had his first successes as a p ...
, Herbert Marcuse,
Walter Benjamin Walter Bendix Schönflies Benjamin (; ; 15 July 1892 – 26 September 1940) was a German Jewish philosopher, cultural critic and essayist. An eclectic thinker, combining elements of German idealism, Romanticism, Western Marxism, and Jewish ...
,
Antonio Gramsci Antonio Francesco Gramsci ( , , ; 22 January 1891 – 27 April 1937) was an Italian Marxist philosopher, journalist, linguist, writer, and politician. He wrote on philosophy, political theory, sociology, history, and linguistics. He was a fo ...
, Georg Lukács, Ernst Fischer,
Louis Althusser Louis Pierre Althusser (, ; ; 16 October 1918 – 22 October 1990) was a French Marxist philosopher. He was born in Algeria and studied at the École normale supérieure in Paris, where he eventually became Professor of Philosophy. Althusser ...
,
Jacques Rancière Jacques Rancière (; born 10 June 1940) is a French philosopher, Professor of Philosophy at European Graduate School in Saas-Fee and Emeritus Professor of Philosophy at the University of Paris VIII: Vincennes—Saint-Denis. After co-authoring ...
, Maurice Merleau-Ponty, and
Raymond Williams Raymond Henry Williams (31 August 1921 – 26 January 1988) was a Welsh socialist writer, academic, novelist and critic influential within the New Left and in wider culture. His writings on politics, culture, the media and literature contrib ...
.


History


Karl Marx and Friedrich Engels

Marx addressed the alienation and exploitation of the working class, the capitalist mode of production and historical materialism. He is famous for analysing history in terms of class struggle, summarised in the initial line introducing '' The Communist Manifesto'' (1848): "The history of all hitherto existing society is the history of class struggles." Together with Marx, Engels co-developed communist theory. Marx and Engels first met in September 1844. Discovering that they had similar views of philosophy and socialism, they collaborated and wrote works such as ''Die heilige Familie'' ('' The Holy Family''). After Marx was deported from France in January 1845, they moved to Belgium, which permitted greater
freedom of expression Freedom of speech is a principle that supports the freedom of an individual or a community to articulate their opinions and ideas without fear of retaliation, censorship, or legal sanction. The right to freedom of expression has been recog ...
than other European countries. In January 1846, they returned to Brussels to establish the Communist Correspondence Committee. In 1847, they began writing ''The Communist Manifesto'' (1848), based on Engels' ''The Principles of Communism''. Six weeks later, they published the 12,000-word pamphlet in February 1848. In March, Belgium expelled them, and they moved to
Cologne Cologne ( ; german: Köln ; ksh, Kölle ) is the largest city of the German western state of North Rhine-Westphalia (NRW) and the fourth-most populous city of Germany with 1.1 million inhabitants in the city proper and 3.6 millio ...
, where they published the ''
Neue Rheinische Zeitung The ''Neue Rheinische Zeitung: Organ der Demokratie'' ("New Rhenish Newspaper: Organ of Democracy") was a German daily newspaper, published by Karl Marx in Cologne between 1 June 1848 and 19 May 1849. It is recognised by historians as one of t ...
'', a politically
radical Radical may refer to: Politics and ideology Politics * Radical politics, the political intent of fundamental societal change *Radicalism (historical), the Radical Movement that began in late 18th century Britain and spread to continental Europe an ...
newspaper. By 1849, they had to leave Cologne for London. The Prussian authorities pressured the British government to expel Marx and Engels, but Prime Minister Lord John Russell refused. After Marx died in 1883, Engels became the editor and translator of Marx's writings. With his '' Origins of the Family, Private Property, and the State'' (1884)—analysing
monogamous Monogamy ( ) is a form of dyadic relationship in which an individual has only one partner during their lifetime. Alternately, only one partner at any one time ( serial monogamy) — as compared to the various forms of non-monogamy (e.g., pol ...
marriage as guaranteeing male social domination of women, a concept analogous, in communist theory, to the capitalist class's economic domination of the working class—Engels made intellectually significant contributions to feminist theory and Marxist feminism.


Russian Revolution and the Soviet Union

With the October Revolution in 1917, the Bolsheviks took power from the Russian Provisional Government. The Bolsheviks established the first socialist state based on the ideas of soviet democracy and Leninism. Their newly formed federal state promised to end Russian involvement in
World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, ...
and establish a revolutionary worker's state. Following the October Revolution, the Soviet government struggled with the White Movement and several independence movements in the Russian Civil War. This period is marked by the establishment of many socialist policies and the development of new socialist ideas, mainly in the form of
Marxism–Leninism Marxism–Leninism is a communist ideology which was the main communist movement throughout the 20th century. Developed by the Bolsheviks, it was the state ideology of the Soviet Union, its satellite states in the Eastern Bloc, and vario ...
. In 1919, the nascent Soviet Government established the Communist Academy and the Marx–Engels–Lenin Institute for doctrinal Marxist study and to publish official ideological and research documents for the Russian Communist Party. With Lenin's death in 1924, there was an internal struggle in the Soviet Communist movement, mainly between
Joseph Stalin Joseph Vissarionovich Stalin (born Ioseb Besarionis dze Jughashvili; – 5 March 1953) was a Georgian revolutionary and Soviet Union, Soviet political leader who led the Soviet Union from 1924 until his death in 1953. He held power as Ge ...
and Leon Trotsky, in the form of the Right Opposition and Left Opposition, respectively. These struggles were based on both sides' different interpretations of Marxist and Leninist theory based on the situation of the
Soviet Union The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nationa ...
at the time.


Chinese Revolution

At the end of the Second Sino-Japanese War and, more widely, World War II, the Chinese Communist Revolution occurred within the context of the Chinese Civil War. The Chinese Communist Party, founded in 1921, conflicted with the Kuomintang over the country's future. Throughout the Civil War, Mao Zedong developed a theory of Marxism for the Chinese historical context. Mao found a large base of support in the peasantry as opposed to the Russian Revolution, which found its primary support in the urban centres of the Russian Empire. Some significant ideas contributed by Mao were the ideas of New Democracy, mass line and people's war. The China, People's Republic of China (PRC) was declared in 1949. The new socialist state was to be founded on the ideas of Marx, Engels, Lenin and Stalin. From Stalin's death until the late 1960s, there was an increasing conflict between China and the Soviet Union. De-Stalinization, which first began under Nikita Khrushchev, and the policy of detente, were seen as revisionist and insufficiently Marxist. This ideological confrontation spilt into a broader global crisis centred around which nation was to lead the international socialist movement. Following Mao's death and the ascendancy of Deng Xiaoping, Maoism and official Marxism in China were reworked. This new model was a newer dynamic form of Marxism–Leninism and Maoism in China. Commonly referred to as socialism with Chinese Characteristics, this new path was centred around Deng's Four Cardinal Principles, which sought to uphold the central role of the Chinese Communist Party and uphold the principle that China was in the primary stage of socialism and that it was still working to build a communist society based on Marxist principles.


Late 20th century

In 1959, the Cuban Revolution led to the victory of Fidel Castro and his July 26 Movement. Although the revolution was not explicitly socialist, upon victory, Castro ascended to the position of prime minister and adopted the Leninist model of socialist development, allying with the Soviet Union. One of the leaders of the revolution, the Argentine Marxist revolutionary Che Guevara, subsequently went on to aid revolutionary socialist movements in Democratic Republic of the Congo, Congo-Kinshasa and Bolivia, eventually being killed by the Bolivian government, possibly on the orders of the Central Intelligence Agency (CIA), although the CIA agent sent to search for Guevara, Felix Rodriguez, expressed a desire to keep him alive as a possible bargaining tool with the Cuban government. He posthumously went on to become an internationally recognised icon. In the People's Republic of China, the Maoist government undertook the Cultural Revolution from 1966 to 1976 to purge Chinese society of capitalist elements and achieve socialism. Upon Mao Zedong's death, his rivals seized political power, and under the leadership of Deng Xiaoping, many of Mao's Cultural Revolution era policies were revised or abandoned, and much of the state sector was privatised. The late 1980s and early 1990s saw the collapse of most of those socialist states that had professed a Marxist–Leninist ideology. In the late 1970s and early 1980s, the emergence of the New Right and neoliberal capitalism as the dominant ideological trends in Western politics championed by United States president Ronald Reagan and British prime minister Margaret Thatcher led the West to take a more aggressive stance towards the Soviet Union and its Leninist allies. Meanwhile, the reformist Mikhael Gorbachev became General Secretary of the Communist Party of the Soviet Union in March 1985 and sought to abandon Leninist development models toward social democracy. Ultimately, Gorbachev's reforms, coupled with rising levels of popular ethnic nationalism, led to the dissolution of the Soviet Union in late 1991 into a series of constituent nations, all of which abandoned Marxist–Leninist models for socialism, with most converting to capitalist economies.


21st century

At the turn of the 21st century, China, Cuba, Laos, North Korea, and Vietnam remained the only officially Marxist–Leninist states remaining, although a Maoist government led by Prachanda was elected into power in Nepal in 2008 following a long guerrilla struggle. The early 21st century also saw the election of socialist governments in several Latin American nations, in what has come to be known as the "pink tide"; dominated by the Venezuelan government of Hugo Chávez; this trend also saw the election of Evo Morales in Bolivia, Rafael Correa in Ecuador, and Daniel Ortega in Nicaragua. Forging political and economic alliances through international organisations like the Bolivarian Alliance for the Americas, these socialist governments allied themselves with Marxist–Leninist Cuba. Although none espoused a Stalinist path directly, most admitted to being significantly influenced by Marxist theory. Venezuelan president Hugo Chávez declared himself a Trotskyist during the swearing-in of his cabinet two days before his inauguration on 10 January 2007. Venezuelan Trotskyist organizations do not regard Chávez as a Trotskyist, with some describing him as a bourgeois nationalist, while others consider him an honest revolutionary leader who made significant mistakes due to him lacking a Marxist analysis. For Italian Marxist Gianni Vattimo and Santiago Zabala in their 2011 book ''Hermeneutic Communism'', "this new weak communism differs substantially from its previous Soviet (and current Chinese) realization, because the South American countries follow democratic electoral procedures and also manage to decentralize the state bureaucratic system through the Bolivarian missions. In sum, if weakened communism is felt as a specter in the West, it is not only because of media distortions but also for the alternative it represents through the same democratic procedures that the West constantly professes to cherish but is hesitant to apply." Chinese Communist Party General Secretary of the Chinese Communist Party, General Secretary Xi Jinping has announced a deepening commitment of the Chinese Communist Party to the ideas of Marx. At an event celebrating the 200th anniversary of Marx's birth, Xi said, "We must win the advantages, win the initiative, and win the future. We must continuously improve the ability to use Marxism to analyse and solve practical problems", adding that Marxism is a "powerful ideological weapon for us to understand the world, grasp the law, seek the truth, and change the world." Xi has further stressed the importance of examining and continuing the tradition of the CPC and embracing its revolutionary past. The fidelity of those varied revolutionaries, leaders and parties to the work of
Karl Marx Karl Heinrich Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist, critic of political economy, and socialist revolutionary. His best-known titles are the 1848 ...
is highly contested and has been rejected by many Marxists and other socialists alike. Socialists in general and socialist writers, including Dimitri Volkogonov, acknowledge that the actions of authoritarian socialist leaders have damaged "the enormous appeal of socialism generated by the October Revolution."


Criticism

Criticism of Marxism has come from various political ideologies and academic disciplines. This includes general criticism about lack of internal consistency, criticisms related to historical materialism, that it is a type of historical determinism, the necessity of suppression of individual rights, issues with the implementation of communism and economic issues such as the distortion or absence of price signals and reduced incentives. In addition, empirical and epistemological problems are frequently identified. Some Marxists have criticised the academic institutionalisation of Marxism for being too shallow and detached from political action. Zimbabwean Trotskyist Alex Callinicos, himself a professional academic, stated: "Its practitioners remind one of Narcissus (mythology), Narcissus, who in the Greek legend fell in love with his own reflection. ... Sometimes it is necessary to devote time to clarifying and developing the concepts that we use, but indeed for Western Marxists this has become an end in itself. The result is a body of writings incomprehensible to all but a tiny minority of highly qualified scholars." Additionally, some intellectual critiques of Marxism contest certain assumptions prevalent in Marx's thought and Marxism after him without rejecting Marxist politics. Other contemporary supporters of Marxism argue that many aspects of Marxist thought are viable but that the corpus is incomplete or outdated regarding certain aspects of economic, political or social theory. They may combine some Marxist concepts with the ideas of other theorists such as
Max Weber Maximilian Karl Emil Weber (; ; 21 April 186414 June 1920) was a German sociologist, historian, jurist and political economist, who is regarded as among the most important theorists of the development of modern Western society. His ideas p ...
—the
Frankfurt School The Frankfurt School (german: Frankfurter Schule) is a school of social theory and critical philosophy associated with the Institute for Social Research, at Goethe University Frankfurt in 1929. Founded in the Weimar Republic (1918–1933), dur ...
is one example.


General

Philosopher and historian of ideas Leszek Kołakowski pointed out that "Marx's theory is incomplete or ambiguous in many places, and could be 'applied' in many contradictory ways without manifestly infringing its principles." Specifically, he considers "the laws of dialectics" as fundamentally erroneous, stating that some are "truisms with no specific Marxist content", others "philosophical dogmas that cannot be proved by scientific means", and some just "nonsense"; he believes that some Marxist laws can be interpreted differently, but that these interpretations still in general fall into one of the two categories of error. Okishio's theorem shows that if capitalists use cost-cutting techniques and real wages do not increase, the rate of profit must rise, which casts doubt on Marx's view that the rate of profit would tend to fall. The allegations of inconsistency have been a large part of Marxian economics and the debates around it since the 1970s. Andrew Kliman argues that this undermines Marx's critiques and the correction of the alleged inconsistencies because internally inconsistent theories cannot be correct by definition.Kliman states that "Marx's value theory would be ''necessarily wrong'' if it were internally inconsistent. Internally inconsistent theories may be appealing, intuitively plausible and even obvious, and consistent with all available empirical evidence—but they cannot be right. It is necessary to reject them or correct them. Thus the alleged proofs of inconsistency trump all other considerations, disqualifying Marx's theory at the starting gate. By doing so, they provide the principal justification for the suppression of this theory as well as the suppression of, and the denial of resources needed to carry out, present-day research based upon it. This greatly inhibits its further development. So does the very charge of inconsistency. What person of intellectual integrity would want to join a research program founded on (what he believes to be) a theory that is internally inconsistent and therefore false?" (Andrew Kliman, ''Reclaiming Marx's "Capital": A Refutation of the Myth of Inconsistency,'' Lanham, MD: Lexington Books, 2007, p. 3, emphasis in original). However, in his book, Kliman presents an interpretation where these inconsistencies can be eliminated. The connection between the inconsistency allegations and the lack of study of Marx's theories was argued further by John Cassidy (journalist), John Cassidy ("The Return of Karl Marx," ''The New Yorker'', 20 & 27 Oct. 1997, p. 252): "His mathematical model of the economy, which depended on the idea that labor is the source of all value, was riven with internal inconsistencies and is rarely studied these days."


Epistemological and empirical

Critics of Marxism claim that Marx's predictions have failed, with some pointing towards the GDP per capita generally increasing in capitalist economies compared to less market-oriented economics, the capitalist economies not suffering worsening economic crises leading to the overthrow of the capitalist system and communist revolutions not occurring in the most advanced capitalist nations, but instead in undeveloped regions. It has also been criticized for allegedly resulting in lower living standards in relation to capitalist countries, a claim that has been disputed. In his books, ''The Poverty of Historicism'' and ''Conjectures and Refutations'', philosopher of science Karl Popper criticized the explanatory power and Validity (logic), validity of historical materialism. Popper believed that Marxism had been initially scientific in that Marx had postulated a genuinely predictive theory. When these predictions were not borne out, Popper argues that the theory avoided Falsifiability, falsification by adding ad hoc hypotheses that made it compatible with the facts. Because of this, Popper asserted, a theory that was initially genuinely scientific degenerated into pseudoscientific dogma.


Socialist

Democratic socialism, Democratic socialists and Social democracy, social democrats reject the idea that socialism can be accomplished only through extra-legal class conflict and a proletarian revolution. The relationship between Marx and other socialist thinkers and organizations—rooted in Marxism's "scientific" and anti-utopian socialism, among other factors—has divided Marxists from other socialists since Marx's life. After Marx's death and the emergence of Marxism, there have also been dissensions within Marxism itself—a notable example is the splitting of the Russian Social Democratic Labour Party into Bolsheviks and Mensheviks. Orthodox Marxists opposed a less dogmatic, more innovative, or even revisionist Marxism.


Anarchist and libertarian

Anarchism has had a strained relationship with Marxism. Anarchists and many non-Marxist libertarian socialists reject the need for a Dictatorship of the proletariat, transitory state phase, claiming that socialism can only be established through decentralized, non-coercive organization. Anarchist Mikhail Bakunin criticized Marx for his authoritarian bent. The phrases "barracks socialism" or "barracks communism" became shorthand for this critique, evoking the image of citizens' lives being as regimented as the lives of conscripts in barracks.


Economic

Other critiques come from an economic standpoint. Vladimir Karpovich Dmitriev writing in 1898, Ladislaus Bortkiewicz, Ladislaus von Bortkiewicz writing in 1906–1907, and subsequent critics have alleged that Marx's value theory and the law of the tendency of the rate of profit to fall are internally inconsistent. In other words, the critics allege that Marx drew conclusions that do not follow his theoretical premises. Once these alleged errors are corrected, his conclusion that aggregate price and profit are determined by and equal to the aggregate value and surplus value no longer holds. This result calls into question his theory that exploiting workers is the sole source of profit. Marxism and socialism have received considerable critical analysis from multiple generations of Austrian School, Austrian economists regarding scientific methodology, economic theory and political implications. During the Marginal utility#Marginal Revolution, marginal revolution, subjective value theory was rediscovered by Carl Menger, a development that fundamentally undermined the British cost theories of value. The restoration of subjectivism and praxeological methodology previously used by classical economists including Richard Cantillon, Anne-Robert-Jacques Turgot, Jean-Baptiste Say and Frédéric Bastiat led Menger to criticise historicist methodology in general. Second-generation Austrian economist Eugen Böhm von Bawerk used praxeological and subjectivist methodology to fundamentally attack the law of value. Gottfried Haberler has regarded his criticism as "definitive", arguing that Böhm-Bawerk's critique of Marx's economics was so "thorough and devastating" that he believes that as of the 1960s, no Marxian scholar had conclusively refuted it. Third-generation Austrian Ludwig von Mises rekindled the debate about the economic calculation problem by arguing that without price signals in capital goods, in his opinion, all other aspects of the market economy are irrational. This led him to declare that "rational economic activity is impossible in a socialist commonwealth." Daron Acemoglu and James A. Robinson (economist), James A. Robinson argue that Marx's economic theory was fundamentally flawed because it attempted to simplify the economy into a few general laws that ignored the impact of institutions on the economy.


See also

* Communism * Influences on Karl Marx * Marx's theory of human nature * Marxian class theory * Marxists Internet Archive * Outline of Marxism * Post-Marxism *
Marxian economics 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 ...


References


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