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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 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 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 dialectical 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 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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, cultural studies,
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,
education Education is a purposeful activity directed at achieving certain aims, such as transmitting knowledge or fostering skills and character traits. These aims may include the development of understanding, rationality, kindness, and honesty ...
,
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, film theory,
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,
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, literary criticism, media studies,
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,
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
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.


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." These inefficiencies manifest themselves as social contradictions in society which are, in turn, fought out at the level of class struggle. 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) and the vast majority of the population who produce goods and services (the proletariat). 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—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 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 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 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 classes, 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, 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 revolutions, 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, 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,
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,
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 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 merchants evolve into the bourgeoisie. #
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. 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 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 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. 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 of the capitalist mode of production with the following social groups: * Proletariat: " e class of modern wage labourers 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. **
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 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 of the means of production, the profit motive 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,
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, 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 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 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, 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, Raya Dunayevskaya, Daniel Guérin, C. L. R. James, Rosa Luxemburg, 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, 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, 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, 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) 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 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 systems, 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 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 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 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 (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 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 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, 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, 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, Antonio Gramsci, Georg Lukács, Ernst Fischer, Louis 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 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
marriage Marriage, also called matrimony or wedlock, is a culturally and often legally recognized union between people called spouses. It establishes rights and obligations between them, as well as between them and their children, and between ...
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
intellectual An intellectual is a person who engages in critical thinking, research, and reflection about the reality of society, and who proposes solutions for the normative problems of society. Coming from the world of culture, either as a creator o ...
ly significant contributions to feminist theory and Marxist feminism.


Russian Revolution and the Soviet Union

With the
October Revolution The October Revolution,. officially known as the Great October Socialist Revolution. in the Soviet Union, also known as the Bolshevik Revolution, was a revolution in Russia led by the Bolshevik Party of Vladimir Lenin that was a key mom ...
in 1917, the
Bolsheviks The Bolsheviks (russian: Большевики́, from большинство́ ''bol'shinstvó'', 'majority'),; derived from ''bol'shinstvó'' (большинство́), "majority", literally meaning "one of the majority". also known in English ...
took power from the
Russian Provisional Government The Russian Provisional Government ( rus, Временное правительство России, Vremennoye pravitel'stvo Rossii) was a provisional government of the Russian Republic, announced two days before and established immediately ...
. The Bolsheviks established the first
socialist state A socialist state, socialist republic, or socialist country, sometimes referred to as a workers' state or workers' republic, is a sovereign state constitutionally dedicated to the establishment of socialism. The term '' communist state'' is ...
based on the ideas of
soviet democracy Soviet democracy, or council democracy, is a political system in which the rule of the population is exercised by directly elected '' soviets'' (Russian for "council"). The councils are directly responsible to their electors and bound by thei ...
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 {{Infobox military conflict , conflict = Russian Civil War , partof = the Russian Revolution and the aftermath of World War I , image = , caption = Clockwise from top left: {{flatlist, *Soldiers ...
. 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 Lev Davidovich Bronstein. ( – 21 August 1940), better known as Leon Trotsky; uk, link= no, Лев Давидович Троцький; also transliterated ''Lyev'', ''Trotski'', ''Trotskij'', ''Trockij'' and ''Trotzky''. (), was a Russian ...
, 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 The Second Sino-Japanese War (1937–1945) or War of Resistance (Chinese term) was a military conflict that was primarily waged between the Republic of China and the Empire of Japan. The war made up the Chinese theater of the wider Pacific T ...
and, more widely,
World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...
, the Chinese Communist Revolution occurred within the context of the
Chinese Civil War The Chinese Civil War was fought between the Kuomintang-led government of the Republic of China and forces of the Chinese Communist Party, continuing intermittently since 1 August 1927 until 7 December 1949 with a Communist victory on main ...
. The
Chinese Communist Party The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and sole ruling party of the People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victorious in the Chinese Ci ...
, founded in 1921, conflicted with the
Kuomintang The Kuomintang (KMT), also referred to as the Guomindang (GMD), the Nationalist Party of China (NPC) or the Chinese Nationalist Party (CNP), is a major political party in the Republic of China, initially on the Chinese mainland and in Ta ...
over the country's future. Throughout the Civil War,
Mao Zedong Mao Zedong pronounced ; also Romanization of Chinese, romanised traditionally as Mao Tse-tung. (26 December 1893 – 9 September 1976), also known as Chairman Mao, was a Chinese communist revolutionary who was the List of national founde ...
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 People's war (Chinese: 人民战争), also called protracted people's war, is a Maoist military strategy. First developed by the Chinese communist revolutionary leader Mao Zedong (1893–1976), the basic concept behind people's war is to main ...
. The
People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slig ...
(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 Nikita Sergeyevich Khrushchev (– 11 September 1971) was the First Secretary of the Communist Party of the Soviet Union from 1953 to 1964 and chairman of the country's Council of Ministers from 1958 to 1964. During his rule, Khrushchev s ...
, 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 Deng Xiaoping (22 August 1904 – 19 February 1997) was a Chinese revolutionary leader, military commander and statesman who served as the paramount leader of the China, People's Republic of China (PRC) from December 1978 to November 1989. Aft ...
, 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 The Four Cardinal Principles () were stated by Deng Xiaoping in March 1979, during the early phase of Reform and Opening-up, and are the four issues for which debate was not allowed within the People's Republic of China. The Four Cardinal Princi ...
, 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 The 26th of July Movement ( es, Movimiento 26 de Julio; M-26-7) was a Cuban vanguard revolutionary organization and later a political party led by Fidel Castro. The movement's name commemorates its 26 July 1953 attack on the army barracks on San ...
. 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 Ernesto Che Guevara (; 14 June 1928The date of birth recorded on /upload.wikimedia.org/wikipedia/commons/7/78/Ernesto_Guevara_Acta_de_Nacimiento.jpg his birth certificatewas 14 June 1928, although one tertiary source, (Julia Constenla, quoted ...
, subsequently went on to aid revolutionary socialist movements in Congo-Kinshasa and Bolivia, eventually being killed by the Bolivian government, possibly on the orders of the
Central Intelligence Agency The Central Intelligence Agency (CIA ), known informally as the Agency and historically as the Company, is a civilian foreign intelligence service of the federal government of the United States, officially tasked with gathering, processing, ...
(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 China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slig ...
, the
Maoist Maoism, officially called Mao Zedong Thought by the Chinese Communist Party, is a variety of Marxism–Leninism that Mao Zedong developed to realise a socialist revolution in the agricultural, pre-industrial society of the Republic of Ch ...
government undertook the
Cultural Revolution The Cultural Revolution, formally known as the Great Proletarian Cultural Revolution, was a sociopolitical movement in the People's Republic of China (PRC) launched by Mao Zedong in 1966, and lasting until his death in 1976. Its stated goa ...
from 1966 to 1976 to purge Chinese society of capitalist elements and achieve socialism. Upon
Mao Zedong Mao Zedong pronounced ; also Romanization of Chinese, romanised traditionally as Mao Tse-tung. (26 December 1893 – 9 September 1976), also known as Chairman Mao, was a Chinese communist revolutionary who was the List of national founde ...
's death, his rivals seized political power, and under the leadership of
Deng Xiaoping Deng Xiaoping (22 August 1904 – 19 February 1997) was a Chinese revolutionary leader, military commander and statesman who served as the paramount leader of the China, People's Republic of China (PRC) from December 1978 to November 1989. Aft ...
, 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 Margaret Hilda Thatcher, Baroness Thatcher (; 13 October 19258 April 2013) was Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the first female British prime ...
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 Social democracy is a political, social, and economic philosophy within socialism that supports political and economic democracy. As a policy regime, it is described by academics as advocating economic and social interventions to promote s ...
. Ultimately, Gorbachev's reforms, coupled with rising levels of popular ethnic nationalism, led to the
dissolution of the Soviet Union The dissolution of the Soviet Union, also negatively connoted as rus, Разва́л Сове́тского Сою́за, r=Razvál Sovétskogo Soyúza, ''Ruining of the Soviet Union''. was the process of internal disintegration within the Sov ...
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 Pushpa Kamal Dahal ( ne, पुष्पकमल दाहाल; born 11 December 1954), also widely known by his nom de guerre Prachanda (, ; meaning "fierce"), is a Nepalese politician serving as the current Prime Minister of Nepal. He pre ...
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 The pink tide ( es, marea rosa, pt, onda rosa, french: marée rose), or the turn to the left ( es, giro a la izquierda, link=no, pt, volta à esquerda, link=no, french: tournant à gauche, link=no), is a political wave and perception of a tur ...
"; 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 José Daniel Ortega Saavedra (; born 11 November 1945) is a Nicaraguan revolutionary and politician serving as President of Nicaragua since 2007. Previously he was leader of Nicaragua from 1979 to 1990, first as coordinator of the Junta of Na ...
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 Santiago Zabala (born 1975) is a philosopher (raised in Rome, Vienna, and Geneva) and ICREA Research Professor of Philosophy at the Pompeu Fabra University. His books have been translated into several languages and his articles have been publishe ...
in their 2011 book ''
Hermeneutic Communism ''Hermeneutic Communism: from Heidegger to Marx'' is a 2011 book of political philosophy and Marxist hermeneutics by Gianni Vattimo and Santiago Zabala. Contents and arguments The authors explain the book as follows "Although the material publi ...
'', "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 The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and sole ruling party of the People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victorious in the Chinese Ci ...
General Secretary Xi Jinping has announced a deepening commitment of the
Chinese Communist Party The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and sole ruling party of the People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victorious in the Chinese Ci ...
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 Dmitri Antonovich Volkogonov (russian: Дми́трий Анто́нович Волкого́нов; 22 March 1928 – 6 December 1995) was a Soviet and Russian historian and colonel general who was head of the Soviet military's psychological warf ...
, acknowledge that the actions of
authoritarian socialist Authoritarian socialism, or socialism from above, is an economic and political system supporting some form of socialist economics while rejecting political liberalism. As a term, it represents a set of economic-political systems describing themse ...
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 Alexander Theodore Callinicos (born 24 July 1950) is a Rhodesian-born British political theorist and activist. An adherent of Trotskyism, he is a member of the Central Committee of the Socialist Workers Party (SWP) and serves as its Internatio ...
, himself a professional academic, stated: "Its practitioners remind one of
Narcissus Narcissus may refer to: Biology * ''Narcissus'' (plant), a genus containing daffodils and others People * Narcissus (mythology), Greek mythological character * Narcissus (wrestler) (2nd century), assassin of the Roman emperor Commodus * Tiberiu ...
, 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—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 Leszek Kołakowski (; ; 23 October 1927 – 17 July 2009) was a Polish philosopher and historian of ideas. He is best known for his critical analyses of Marxist thought, especially his three-volume history, ''Main Currents of Marxism'' (1976). ...
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 ("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 Sir Karl Raimund Popper (28 July 1902 – 17 September 1994) was an Austrian-British philosopher, academic and social commentator. One of the 20th century's most influential philosophers of science, Popper is known for his rejection of the ...
'', philosopher of science Karl Popper criticized the
explanatory power Explanatory power is the ability of a hypothesis or theory to explain the subject matter effectively to which it pertains. Its opposite is ''explanatory impotence''. In the past, various criteria or measures for explanatory power have been pr ...
and 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 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 socialists and 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 The Bolsheviks (russian: Большевики́, from большинство́ ''bol'shinstvó'', 'majority'),; derived from ''bol'shinstvó'' (большинство́), "majority", literally meaning "one of the majority". also known in English ...
and Mensheviks. Orthodox Marxists opposed a less dogmatic, more innovative, or even revisionist Marxism.


Anarchist and libertarian

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 ...
has had a strained relationship with Marxism. Anarchists and many non-Marxist libertarian socialists reject the need for a 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 von Bortkiewicz Ladislaus Josephovich Bortkiewicz (Russian Владислав Иосифович Борткевич, German ''Ladislaus von Bortkiewicz'' or ''Ladislaus von Bortkewitsch'') (7 August 1868 – 15 July 1931) was a Russian economist and statist ...
writing in 1906–1907, and subsequent critics have alleged that Marx's
value theory In ethics and the social sciences, value theory involves various approaches that examine how, why, and to what degree humans value things and whether the object or subject of valuing is a person, idea, object, or anything else. Within philosophy, ...
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 economists regarding scientific methodology, economic theory and political implications. During the 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 In philosophy, praxeology or praxiology (; ) is the theory of human action, based on the notion that humans engage in purposeful behavior, contrary to reflexive behavior and other unintentional behavior. French social philosopher Alfred Espinas ...
methodology previously used by classical economists including Richard Cantillon,
Anne-Robert-Jacques Turgot Anne Robert Jacques Turgot, Baron de l'Aulne ( ; ; 10 May 172718 March 1781), commonly known as Turgot, was a French economist and statesman. Originally considered a physiocrat, he is today best remembered as an early advocate for economic libe ...
, Jean-Baptiste Say and
Frédéric Bastiat Claude-Frédéric Bastiat (; ; 30 June 1801 – 24 December 1850) was a French economist, writer and a prominent member of the French Liberal School. A member of the French National Assembly, Bastiat developed the economic concept of opportu ...
led Menger to criticise historicist methodology in general. Second-generation Austrian economist
Eugen Böhm von Bawerk Eugen is a masculine given name which may refer to: * Archduke Eugen of Austria (1863–1954), last Habsburg Grandmaster of the Teutonic Order from 1894 to 1923 * Prince Eugen, Duke of Närke (1865–1947), Swedish painter, art collector, and pat ...
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 Ludwig Heinrich Edler von Mises (; 29 September 1881 – 10 October 1973) was an Austrian School economist, historian, logician, and sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberalism. He is ...
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 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 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, ...
*
Influences on Karl Marx Influences on Karl Marx are generally thought to have been derived from three main sources, namely German idealist philosophy, French socialism and English and Scottish political economy. German philosophy Immanuel Kant Immanuel Kant is be ...
*
Marx's theory of human nature Some Marxists posit what they deem to be Karl Marx's theory of human nature, which they accord an important place in his critique of capitalism, his conception of communism, and his ' materialist conception of history'. Marx, however, does not ...
* Marxian class theory *
Marxists Internet Archive Marxists Internet Archive (also known as MIA or Marxists.org) is a non-profit online encyclopedia that hosts a multilingual library (created in 1990) of the works of communist, anarchist, and socialist writers, such as Karl Marx, Friedrich En ...
* Outline of Marxism * Post-Marxism * Marxian economics


References


Citations


Bibliography

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Further reading

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External links

{{authority control Communism Criticism of religion Democratic socialism Eponymous economic ideologies Eponymous political ideologies Karl Marx Left-wing ideologies Materialism Naturalism (philosophy) Philosophical movements Philosophical traditions Sociological theories Socialism Social democracy Social theories Theories of history Types of socialism