Neo-Marxism is a

Marxist Marxism is a Left-wing politics, left-wing to Far-left politics, far-left method of socioeconomic analysis that uses a Materialism, materialist interpretation of historical development, better known as historical materialism, to understand S ...

school of thought A school of thought, or intellectual tradition, is the perspective of a group of people who share common characteristics of opinion or outlook of a philosophy, discipline, belief, social movement, economics, cultural movement, or art movement. ...

encompassing 20th-century approaches that amend or extend Marxism and Marxist theory, typically by incorporating elements from other intellectual traditions such as

critical theory A critical theory is any approach to social philosophy that focuses on society and culture to reveal, critique and challenge power structures. With roots in sociology and literary criticism, it argues that social problems stem more from soci ...

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 b ...

, or

existentialism Existentialism ( ) is a form of philosophical inquiry that explores the problem of human existence and centers on human thinking, feeling, and acting. Existentialist thinkers frequently explore issues related to the meaning, purpose, and valu ...

(in the case of

Jean-Paul Sartre Jean-Paul Charles Aymard Sartre (, ; ; 21 June 1905 – 15 April 1980) was one of the key figures in the philosophy of existentialism (and phenomenology), a French playwright, novelist, screenwriter, political activist, biographer, and litera ...

). As with many uses of the prefix '' neo-'', some theorists and groups who are designated as neo-Marxists have attempted to supplement the perceived deficiencies of orthodox Marxism or

dialectical materialism 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 con ...

. Many prominent neo-Marxists, such as Herbert Marcuse and other members of 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 ...

, have historically been

sociologists This is a list of sociologists. It is intended to cover those who have made substantive contributions to social theory and research, including any sociological subfield. Scientists in other fields and philosophers are not included, unless at least ...

and

psychologists A psychologist is a professional who practices psychology and studies mental states, perceptual, cognitive, emotional, and social processes and behavior. Their work often involves the experimentation, observation, and interpretation of how indi ...

. Neo-Marxism comes under the broader framework of the New Left. In a

sociological 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 and ...

sense, neo-Marxism adds

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 profo ...

's broader understanding of

social inequality Social inequality occurs when resources in a given society are distributed unevenly, typically through norms of allocation, that engender specific patterns along lines of socially defined categories of persons. It posses and creates gender c ...

, such as

status Status (Latin plural: ''statūs''), is a state, condition, or situation, and may refer to: * Status (law) ** City status ** Legal status, in law ** Political status, in international law ** Small entity status, in patent law ** Status confere ...

and

power Power most often refers to: * Power (physics), meaning "rate of doing work" ** Engine power, the power put out by an engine ** Electric power * Power (social and political), the ability to influence people or events ** Abusive power Power may a ...

, to

Marxist philosophy 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 ...

. Examples of neo-Marxism include

analytical Marxism Analytical Marxism is an approach to Marxist theory that was prominent amongst English-speaking philosophers and social scientists during the 1980s. Described by G. A. Cohen as "non-bullshit Marxism", members of this school seek to apply the t ...

, French structural Marxism,

cultural studies Cultural studies is an interdisciplinary field that examines the political dynamics of contemporary culture (including popular culture) and its historical foundations. Cultural studies researchers generally investigate how cultural practices re ...

, as well as some forms of

feminism Feminism is a range of socio-political movements and ideologies that aim to define and establish the political, economic, personal, and social equality of the sexes. Feminism incorporates the position that society prioritizes the male po ...

Erik Olin Wright Erik Olin Wright (February 9, 1947 – January 23, 2019) was an American analytical Marxist sociologist at the University of Wisconsin–Madison, specializing in social stratification and in egalitarian alternative futures to capitalism. He w ...

's theory of contradictory class locations is an example of the

syncretism Syncretism () is the practice of combining different beliefs and various school of thought, schools of thought. Syncretism involves the merging or religious assimilation, assimilation of several originally discrete traditions, especially in t ...

found in neo-Marxist thought, as it incorporates

Weberian 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 prof ...

sociology,

critical criminology Critical criminology is a theoretical perspective in criminology which focuses on challenging traditional understandings and uncovering false beliefs about crime and criminal justice, often but not exclusively by taking a conflict perspective, ...

, and

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 necessa ...

History

Neo-Marxism developed as a result of social and political problems that traditional Marxist theory was unable to sufficiently address. This iteration of thinking tended toward peaceful ideological dissemination, rather than the revolutionary, and often violent, methods of the past. Economically, neo-Marxist leaders moved beyond the era of public outcry over

class warfare 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 forms ...

and attempted to design viable models to solve it. There are many different branches of neo-Marxism often not in agreement with each other and their theories. Following

World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fightin ...

, some neo-Marxists dissented and later formed the

. The Frankfurt School never identified themselves as neo-Marxists. Toward the end of the 20th century, neo-Marxism and other Marxist theories became

anathema Anathema, in common usage, is something or someone detested or shunned. In its other main usage, it is a formal excommunication. The latter meaning, its ecclesiastical sense, is based on New Testament usage. In the Old Testament, anathema was a cr ...

in democratic and

capitalistic 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 ...

Western cultures, where the term attained negative connotations during the

Red Scare A Red Scare is the promotion of a widespread fear of a potential rise of communism, anarchism or other leftist ideologies by a society or state. The term is most often used to refer to two periods in the history of the United States which ar ...

. For this reason, social theorists of the same ideology since that time have tended to disassociate themselves from the term neo-Marxism. Examples of such thinkers include

David Harvey David W. Harvey (born 31 October 1935) is a British-born Marxist economic geographer, podcaster and Distinguished Professor of anthropology and geography at the Graduate Center of the City University of New York (CUNY). He received his P ...

and

Jacque Fresco Jacque Fresco (March 13, 1916 – May 18, 2017) was an American futurist and self-described social engineer. Self-taught, he worked in a variety of positions related to industrial design. Fresco wrote and lectured his views on sustai ...

, with some ambiguity surrounding

Noam Chomsky Avram Noam Chomsky (born December 7, 1928) is an American public intellectual: a linguist, philosopher, cognitive scientist, historian, social critic, and political activist. Sometimes called "the father of modern linguistics", Chomsky is ...

, who has been labelled a neo-Marxist by some, but who personally disagrees with such assessments. Some consider

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. (201 ...

an example of rebranded neo-Marxism.

Neo-Marxian economics

NewSymbolizationProjectJordanPetersonConventionLogistics

The terms "neo-Marxian", "post-Marxian", and "radical political economics" were first used to refer to a distinct tradition of

economic theory 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 analyzes ...

in the 1970s and 1980s that stems from Marxian economic thought. Many of the leading figures were associated with the

leftist 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 ...

Monthly Review The ''Monthly Review'', established in 1949, is an independent socialist magazine published monthly in New York City. The publication is the longest continuously published socialist magazine in the United States. History Establishment Following ...

'' School. The neo-Marxist approach to

development economics Development economics is a branch of economics which deals with economic aspects of the development process in low- and middle- income countries. Its focus is not only on methods of promoting economic development, economic growth and structural ...

is connected with dependency and world systems theories. In these cases, the '

exploitation Exploitation may refer to: *Exploitation of natural resources *Exploitation of labour ** Forced labour *Exploitation colonialism *Slavery ** Sexual slavery and other forms *Oppression *Psychological manipulation In arts and entertainment *Exploi ...

' that classifies it as Marxist is an external one, rather than the normal 'internal' exploitation 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, ...

. In

industrial economics In economics, industrial organization is a field that builds on the theory of the firm by examining the structure of (and, therefore, the boundaries between) firms and markets. Industrial organization adds real-world complications to the perfe ...

, the neo-Marxian approach stresses the

monopolistic A monopoly (from Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a spec ...

and oligarchical rather than the

competitive Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, indivi ...

nature of

capitalism Capitalism is an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. Central characteristics of capitalism include capital accumulation, competitive markets, pric ...

. Nitzan, Jonathan, and

Shimshon Bichler Shimshon Bichler is an educator who teaches political economy at colleges and universities in Israel. Along with Jonathan Nitzan, Bichler has created a power theory of capitalism and theory of differential accumulation in their analysis of the po ...

. 2009.
Capital as power: a study of order and creorder
'.

Taylor & Francis Taylor & Francis Group is an international company originating in England that publishes books and academic journals. Its parts include Taylor & Francis, Routledge, F1000 (publisher), F1000 Research or Dovepress. It is a division of Informa ...

. p. 50. This approach is associated with

Michał Kalecki Michał Kalecki (; 22 June 1899 – 18 April 1970) was a Polish Marxian economist. Over the course of his life, Kalecki worked at the London School of Economics, University of Cambridge, University of Oxford and Warsaw School of Economics ...

Paul A. Baran Paul Alexander Baran (; 25 August 1909 – 26 March 1964) was an American Marxist economist. In 1951 Baran was promoted to full professor at Stanford University and Baran was the only tenured Marxian economist in the United States until his ...

, and

Paul Sweezy Paul Marlor Sweezy (April 10, 1910 – February 27, 2004) was a Marxist economist, political activist, publisher, and founding editor of the long-running magazine ''Monthly Review''. He is best remembered for his contributions to economic theory ...

. Such theorists as Samuel Bowles, David Gordon,

John Roemer John E. Roemer (; born February 1, 1945 in Washington, D.C., to Ruth Roemer and Milton Roemer, namesake of Roemer's law) is an American economist and political scientist. He is the Elizabeth S. and A. Varick Stout Professor of Political Scien ...

Herbert Gintis Herbert Gintis (February 11, 1940 – January 5, 2023) was an American economist, behavioral scientist, and educator known for his theoretical contributions to sociobiology, especially altruism, cooperation, epistemic game theory, gene-culture co ...

Jon Elster Jon Elster (; born 22 February 1940, Oslo) is a Norwegian philosopher and political theorist who holds the Robert K. Merton professorship of Social Science at Columbia University. He received his PhD in social science from the École Normale Su ...

, and

Adam Przeworski Adam Przeworski (; born May 5, 1940) is a Polish-American professor of political science specializing in comparative politics. He is Carroll and Milton Professor Emeritus in the Department of Politics of New York University. He is a scholar of de ...

have adopted the techniques of

neoclassical economics Neoclassical economics is an approach to economics in which the production, consumption and valuation (pricing) of goods and services are observed as driven by the supply and demand model. According to this line of thought, the value of a good ...

, including

game theory Game theory is the study of mathematical models of strategic interactions among rational agents. Myerson, Roger B. (1991). ''Game Theory: Analysis of Conflict,'' Harvard University Press, p.&nbs1 Chapter-preview links, ppvii–xi It has appli ...

and mathematical modeling, to demonstrate Marxian concepts such as exploitation and

class conflict 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 forms ...

. The neo-Marxian approach integrated non-Marxist or "bourgeois" economics from the

post-Keynesians Post-Keynesian economics is a school of economic thought with its origins in ''The General Theory'' of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney We ...

Joan Robinson Joan Violet Robinson (''née'' Maurice; 31 October 1903 – 5 August 1983) was a British economist well known for her wide-ranging contributions to economic theory. She was a central figure in what became known as post-Keynesian economics. B ...

and the neo-Ricardian school of Piero Sraffa. Polish economists

Rosa Luxemburg Rosa Luxemburg (; ; pl, Róża Luksemburg or ; 5 March 1871 – 15 January 1919) was a Polish and naturalised-German revolutionary socialist, Marxist philosopher and anti-war activist. Successively, she was a member of the Proletariat party, ...

Henryk Grossman Henryk Grossman (alternative spelling: ''Henryk Grossmann''; 14 April 1881 – 24 November 1950) was a Polish economist, historian, and Marxist revolutionary active in both Poland and Germany. Grossman's key contribution to political-economic t ...

, and

Oskar Lange Oskar Ryszard Lange (27 July 1904 – 2 October 1965) was a Polish economist and diplomat. He is best known for advocating the use of market pricing tools in socialist systems and providing a model of market socialism. He responded to the econo ...

were influential in this school, particularly in developing theories of

underconsumption Underconsumption is a theory in economics that recessions and stagnation arise from an inadequate consumer demand, relative to the amount produced. In other words, there is a problem of overproduction and overinvestment during a demand crisis. The ...

. While most official

communist 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 s ...

parties denounced neo-Marxian theories as "bourgeois economics," some neo-Marxians served as advisers to socialist or Third World developing governments. Neo-marxist theories were also influential in the study of

Imperialism Imperialism is the state policy, practice, or advocacy of extending power and dominion, especially by direct territorial acquisition or by gaining political and economic control of other areas, often through employing hard power (economic and ...

. Despite being an orthodox Marxist economist, Maurice Dobb was also associated with this current.

Concepts

Big business Big business involves large-scale corporate-controlled financial or business activities. As a term, it describes activities that run from "huge transactions" to the more general "doing big things". In corporate jargon, the concept is commonly ...

can maintain selling prices at high levels while still competing to cut costs, advertise and market their products. However, competition is generally limited with a few large capital formations sharing various markets, with the exception of a few actual monopolies (such as the

Bell System The Bell System was a system of telecommunication companies, led by the Bell Telephone Company and later by the American Telephone and Telegraph Company (AT&T), that dominated the telephone services industry in North America for over one hundr ...

at the time). The economic surpluses that result cannot be absorbed through consumers spending more. The concentration of the surplus in the hands of the business elite must therefore be geared towards

imperialistic Imperialism is the state policy, practice, or advocacy of extending power and dominion, especially by direct territorial acquisition or by gaining political and economic control of other areas, often through employing hard power (economic ...

and

militaristic Militarism is the belief or the desire of a government or a people that a state should maintain a strong military capability and to use it aggressively to expand national interests and/or values. It may also imply the glorification of the mili ...

government tendencies, which is the easiest and surest way to utilise surplus productive capacity.

Exploitation Exploitation may refer to: *Exploitation of natural resources *Exploitation of labour ** Forced labour *Exploitation colonialism *Slavery ** Sexual slavery and other forms *Oppression *Psychological manipulation In arts and entertainment *Exploi ...

focuses on low wage workers and groups at home, especially minorities. Average earners see the pressures in drive for production destroy their human relationships, leading to wider alienation and hostility. The whole system is largely irrational since though individuals may make rational decisions, the ultimate systemic goals are not. The system continues to function so long as

Keynesian Keynesian economics ( ; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomic theories and models of how aggregate demand (total spending in the economy) strongly influences economic output an ...

full employment policies are pursued, but there is the continued threat to stability from less-developed countries throwing off the restraints of neo-colonial domination.

Labor theory of value

introduced the concept of potential ''

economic surplus In mainstream economics, economic surplus, also known as total welfare or total social welfare or Marshallian surplus (after Alfred Marshall), is either of two related quantities: * Consumer surplus, or consumers' surplus, is the monetary gain ...

'' to deal with novel complexities raised by the dominance of

monopoly capital ''Monopoly Capital: An Essay on the American Economic and Social Order'' is a 1966 book by the Marxian economists Paul Sweezy and Paul A. Baran. It was published by Monthly Review Press. It made a major contribution to Marxian theory by shift ...

, in particular the theoretical prediction that monopoly capitalism would be associated with low capacity utilization, and hence potential surplus would typically be much larger than the realized surplus. With

, Baran elaborated the importance of this innovation, its consistency with Marx's labor concept of

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 ...

and supplementary relation to Marx's category of

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 cost ...

. According to Baran's categories: * Actual economic surplus: "the difference between what society's actual current output and its actual current consumption." Hence, it is equal to current savings or accumulation. * Potential economic surplus: "the difference between that output that could be produced in a given natural and technical environment with the help of employable productive resources, and what might be regarded as essential consumption." Baran also introduced the concept of planned surplus—a category that could only be operationalized in a rationally planned

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 e ...

society. This was defined as "the difference between society's 'optimum' output available in a historically given natural and technological environment under conditions of planned 'optimal' utilization of all available productive resources, and some chosen 'optimal' volume of consumption." Baran used the surplus concept to analyze underdeveloped economies (or what are now more optimistically called "developing economies") in his ''Political Economy of Growth''.

Neo-Marxist feminism

Some portions of

Marxist feminism Marxist feminism is a philosophical variant of feminism that incorporates and extends Marxist theory. Marxist feminism analyzes the ways in which women are exploited through capitalism and the individual ownership of private property. According ...

have used the ''neo-Marxist'' label.Almeida, Rhea. ''Cultural Context Model: A Liberation Based Healing Paradigm''. This school of thought believes that the means of knowledge, culture, and pedagogy are part of a privileged

epistemology Epistemology (; ), or the theory of knowledge, is the branch of philosophy concerned with knowledge. Epistemology is considered a major subfield of philosophy, along with other major subfields such as ethics, logic, and metaphysics. Episte ...

. Neo-Marxist feminism relies heavily on

and seeks to apply those theories in

psychotherapy Psychotherapy (also psychological therapy, talk therapy, or talking therapy) is the use of psychological methods, particularly when based on regular personal interaction, to help a person change behavior, increase happiness, and overcome pro ...

as the means of political and cultural change. Teresa McDowell and Rhea Almeida use these theories in a therapy method called "liberation based healing," which, like many other forms of Marxism, uses

sample bias In statistics, sampling bias is a bias in which a sample is collected in such a way that some members of the intended population have a lower or higher sampling probability than others. It results in a biased sample of a population (or non-human fa ...

in the many interrelated liberties in order to magnify the "

critical consciousness Critical consciousness, conscientization, or in Portuguese, is a popular education and social concept developed by Brazilian pedagogue and educational theorist Paulo Freire, grounded in post-Marxist critical theory. Critical consciousness focuses ...

" of the participants towards unrest of the status quo.Mcdowell, Theresa. "Class and classism in family therapy praxis: a Feminist, neo-marxist approach."

References

Sources

* Blackledge, Paul, and

Perry Anderson Francis Rory Peregrine "Perry" Anderson (born 11 September 1938) is a British intellectual, historian and essayist. His work ranges across historical sociology, intellectual history, and cultural analysis. What unites Anderson's work is a preoc ...

. 2004. ''Marxism, and the New Left''. Merlin Press. . * Holz, Hans Heinz. 1972. ''Strömungen und Tendenzen im Neomarxismus''. München:

Carl Hanser Verlag The Carl Hanser Verlag was founded in 1928 by Carl Hanser in Munich and is one of the few medium-sized publishing companies in the German-speaking area still owned by the founding family. History From the very beginning, the publishing house h ...

. . * Müller, Horst. 1986. ''Praxis und Hoffnung. Studien zur Philosophie und Wissenschaft gesellschaftlicher Praxis von Marx bis Bloch und Lefebvre''. Bochum: Germinal Verlag. . * von Weiss, Andreas. 1970. ''Neomarxismus. Die Problemdiskussion im Nachfolgemarximus der Jahre 1945 bis 1970''. Freiburg/München: Karl-Alber-Verlag. .

External links

Liberation Based Healing

Marxist Economics
Courses, Links and Information

fro
Schwartz center of economic policy analysis

fro
Schwartz center of economic policy analysis

A Marxian Introduction to Modern Economics

International working group on value theory

The End of the Market
A website containing a critical evaluation the idea of the market-clearing price which affirms Marx's theory that in capitalism profitability would decline.

{{Authority control Eponymous political ideologies Imperialism studies Marxist feminism Marxist theory New Left Types of socialism

History

Neo-Marxian economics

Concepts

Labor theory of value

Neo-Marxist feminism

See also

References

Sources

Further reading

External links