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Theory Of Historical Trajectory
The theory of historical trajectory is part of Karl Marx's historical materialism. This theory has been analyzed by Erik Olin Wright, whose work has been cited in relation to it. According to Wright, while Marx's theory of social change is often regarded as obsolete, it is nonetheless an important and likely still the "most ambitious attempt to construct a scientific theory of alternatives to capitalism". What Marx attempted was to develop a deterministic theory of "long term impossibility of capitalism". According to Marx, the very same problems that should make capitalism fail should also provide the means for the new, more democratic and egalitarian society to arise. Theory Wright identifies five core arguments in Marx's thought. The first of these is that capitalism is an unsustainable economic system in the long run. Here, Marx claims that capitalism's replacement by another economic system is an inevitability, as through time it creates conditions in which it can no longer f ...
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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 pamphlet ''The Communist Manifesto'' and the four-volume (1867–1883). Marx's political and philosophical thought had enormous influence on subsequent intellectual, economic, and political history. His name has been used as an adjective, a noun, and a school of social theory. Born in Trier, Germany, Marx studied law and philosophy at the universities of Bonn and Berlin. He married German theatre critic and political activist Jenny von Westphalen in 1843. Due to his political publications, Marx became stateless and lived in exile with his wife and children in London for decades, where he continued to develop his thought in collaboration with German philosopher Friedrich Engels and publish his writings, researching in the British Mus ...
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World Revolution
World revolution is the Marxist concept of overthrowing capitalism in all countries through the conscious revolutionary action of the organized working class. For theorists, these revolutions will not necessarily occur simultaneously, but where and when local conditions allow a revolutionary party to successfully replace bourgeois ownership and rule, and install a workers' state based on social ownership of the means of production. In most Marxist schools, such as Trotskyism and Communist Left, the essentially international character of the class struggle and the necessity of global scope are critical elements and a chief explanation of the failure of socialism in one country. The end goal of such internationally oriented revolutionary socialism is to achieve world socialism, and later, a communist society. Communist movements The October Revolution of 1917 in Russia sparked a revolutionary wave of socialist and communist uprisings across Europe, most notably the German R ...
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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 collaborator, Friedrich Engels, the ultimate cause and moving power of historical events are to be found in the economic development of society and the social and political upheavals wrought by changes to the mode of production. Historical materialism provides a challenge to the view that historical processes have come to a close and that capitalism is the end of history. Although Marx never brought together a formal or comprehensive description of historical materialism in one published work, his key ideas are woven into a variety of works from the 1840s onward. Since Marx's time, the theory has been modified and expanded. It now has many Marxist and non-Marxist variants. Enlightenment views of history Marx's view of history is shaped by his enga ...
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Marxian Economics
Marxian economics, or the Marxian school of economics, is a Heterodox economics, heterodox school of political economic thought. Its foundations can be traced back to Karl Marx, Karl Marx's Critique of political economy#Marx's critique of political economy, critique of political economy. However, unlike Critique of political economy, critics of political economy, Marxian economists tend to accept the concept of economy, the economy prima facie. Marxian economics comprises several different theories and includes multiple schools of thought, which are sometimes opposed to each other; in many cases Marxian analysis is used to complement, or to supplement, other economic approaches. Because one does not necessarily have to be politically Marxism, Marxist to be economically Marxian, the two adjectives coexist in usage, rather than being synonymous: They share a semantic field, while also allowing both connotation, connotative and denotation, denotative differences. Marxian economics ...
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From Each According To His Ability, To Each According To His Need
"From each according to his ability, to each according to his needs" (german: Jeder nach seinen Fähigkeiten, jedem nach seinen Bedürfnissen) is a slogan popularised by Karl Marx in his 1875 ''Critique of the Gotha Programme''. The principle refers to free access to and distribution of goods, capital and services. In the Marxist view, such an arrangement will be made possible by the abundance of goods and services that a developed communist system will be capable to produce; the idea is that, with the full development of socialism and unfettered productive forces, there will be enough to satisfy everyone's needs. Origin of the phrase The complete paragraph containing Marx's statement of the creed in the ''Critique of the Gotha Programme'' is as follows: Although Marx is popularly thought of as the originator of the phrase, the slogan was common within the socialist movement. For example, August Becker in 1844 described it as the basic principle of communism and Louis Blanc ...
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Stateless Communism
Anarcho-communism, also known as anarchist communism, (or, colloquially, ''ancom'' or ''ancomm'') is a political philosophy and anarchist school of thought that advocates communism. It calls for the abolition of private property but retains respect for personal property and collectively-owned items, goods, and services. It supports social ownership of property and direct democracy among other horizontal networks for the allocation of production and consumption based on the guiding principle "From each according to his ability, to each according to his needs". Some forms of anarcho-communism, such as insurrectionary anarchism, are strongly influenced by egoism and radical individualism, believing anarcho-communism to be the best social system for realizing individual freedom."T ...
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Sovereign State
A sovereign state or sovereign country, is a polity, political entity represented by one central government that has supreme legitimate authority over territory. International law defines sovereign states as having a permanent population, defined territory (see territorial disputes), one government, and the capacity to enter into International relations, relations with other sovereign states. It is also normally understood that a Sovereignty#Sovereignty and independence, sovereign state is independent. According to the declarative theory of statehood, a sovereign state can exist without being Diplomatic recognition, recognised by other sovereign states.Thomas D. Grant, ''The recognition of states: law and practice in debate and evolution'' (Westport, Connecticut: Praeger, 1999), chapter 1. List of states with limited recognition, Unrecognised states will often find it difficult to exercise full treaty-making powers or engage in Diplomacy, diplomatic relations with other sovereign ...
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Classless Society
The term classless society refers to a society in which no one is born into a social class. Distinctions of wealth, income, education, culture, or social network might arise and would only be determined by individual experience and achievement in such a society. Thus, the concept posits not the absence of a social hierarchy but the uninheritability of class status. Helen Codere defines social class as a segment of the community, the members of which show a common social position in a hierarchical ranking.Codere, H. (1957). Kwakiutl Society: Rank without Class. ''American Anthropologist'', ''59''(3), 473–486. Codere suggest that a true class-organized society is one in which the hierarchy of prestige and social status is divisible into groups. Each group with its own social, economic, attitudinal and cultural characteristics, and each having differential degrees of power in community decision. Since determination of life outcome by birth class has proved historically difficu ...
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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, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange which allocates products to everyone in the society.: "One widespread distinction was that socialism socialised production only while communism socialised production and consumption." Communist society also involves the absence of private property, social classes, money, and the state. Communists often seek a voluntary state of self-governance, but disagree on the means to this end. This reflects a distinction between a more libertarian approach of communization, revolutionary spontaneity, and workers' self-management, and a more vanguardist or communist party-driven approach through the development of a constitutional socialist st ...
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Socialism
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 economic, political and social theories and movements associated with the implementation of such systems. Social ownership can be state/public, community, collective, cooperative, or employee. While no single definition encapsulates the many types of socialism, social ownership is the one common element. Different types of socialism vary based on the role of markets and planning in resource allocation, on the structure of management in organizations, and from below or from above approaches, with some socialists favouring a party, state, or technocratic-driven approach. Socialists disagree on whether government, particularly existing government, is the correct vehicle for change. Socialist systems are divided into non-market and market f ...
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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 an abbreviation of the "means of production and distribution" which additionally includes the logistical distribution and delivery of products, generally through distributors, or as an abbreviation of the "means of production, distribution, and exchange" which further includes the exchange of distributed products, generally to consumers. This concept is used throughout fields of study including politics, economics, and sociology to discuss, broadly, the relationship between anything that can have productive use, its ownership, and the constituent social parts needed to produce it. Industrial production From the perspective of a firm, a firm uses its capital goods, which are also known as tangible assets as they are physical in nature. Unf ...
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Post-capitalism
Post-capitalism is a state in which the economic systems of the world can no longer be described as forms of capitalism. Various individuals and political ideologies have speculated on what would define such a world. According to classical Marxist and social evolutionary theories, post-capitalist societies may come about as a result of spontaneous evolution as capitalism becomes obsolete. Others propose models to intentionally replace capitalism. The most notable among them are socialism, anarchism, nationalism and degrowth. History In 1993, Peter Drucker outlined a possible evolution of capitalistic society in his book ''Post-Capitalist Society''. The book stated that knowledge, rather than capital, land, or labor, is the new basis of wealth. The classes of a fully post-capitalist society are expected to be divided into knowledge workers or service workers, in contrast to the capitalists and proletarians of a capitalist society. In the book, Drucker estimated the transforma ...
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