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Analytical Marxism is an academic school of Marxist theory which emerged in the late 1970s, largely prompted by G. A. Cohen's '' Karl Marx's Theory of History: A Defence'' (1978). In this book, Cohen drew on the Anglo–American tradition of analytic philosophy in an attempt to align Marxist theory with an analytic style and standard, which led to his distancing of Marxism from continental European philosophy. Analytical Marxism rejects much of the Hegelian and dialectical tradition associated with Marx's thought. The school is associated with the " September Group", which included Jon Elster, John Roemer, Adam Przeworski and Erik Olin Wright. Its theorists emphasize methodology and utilize analytical philosophy, and some of them favor rational choice theory, and methodological individualism (the doctrine that all social phenomena can only be explained in terms of the actions and beliefs of individual subjects). Origin Cohen's book, '' Karl Marx's Theory of History: A Defe ...
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Marxist Theory
Marxist philosophy or Marxist theory are works in philosophy that are strongly influenced by Karl Marx's materialist approach to theory, or works written by Marxists. Marxist philosophy may be broadly divided into Western Marxism, which drew from various sources, and the official philosophy in the Soviet Union, which enforced a rigid reading of what Marx called dialectical materialism, in particular during the 1930s. Marxist philosophy is not a strictly defined sub-field of philosophy, because the diverse influence of Marxist theory has extended into fields as varied as aesthetics, ethics, ontology, epistemology, social philosophy, political philosophy, the philosophy of science, and the philosophy of history. The key characteristics of Marxism in philosophy are its materialism and its commitment to political practice as the end goal of all thought. The theory is also about the struggles of the proletariat and their reprimand of the bourgeoisie. Marxist theorist Louis Althuss ...
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Forces Of Production
Productive forces, productive powers, or forces of production ( German: ''Produktivkräfte'') is a central idea in Marxism and historical materialism. In Karl Marx and Friedrich Engels' own critique of political economy, it refers to the combination of the means of labor (tools, machinery, land, infrastructure, and so on) with human labour power. Marx and Engels probably derived the concept from Adam Smith's reference to the "productive powers of labour" (see e.g. chapter 8 of ''The Wealth of Nations'' (1776)), although the German political economist Friedrich List also mentions the concept of "productive powers" in ''The National System of Political Economy'' (1841). All those forces which are applied by people in the production process (body and brain, tools and techniques, materials, resources, quality of workers' cooperation, and equipment) are encompassed by this concept, including those management and engineering functions technically indispensable for production (as c ...
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Making Sense Of Marx
''Making Sense of Marx'' is a 1985 book about Karl Marx by the social and political theorist Jon Elster, in which the author reevaluates Marx's ideas. The book has received a mixture of praise and criticism from commentators. Reception ''Making Sense of Marx'' was praised as "sharp" and "hard-headed" by the political scientist David McLellan. McLellan 1995. p. 441. The political philosopher Richard W. Miller called Elster's work "erudite". Miller 1999. p. 77. Conversely, the Marxist economist Ernest Mandel Ernest Ezra Mandel (; 5 April 1923 – 20 July 1995), also known by various pseudonyms such as Ernest Germain, Pierre Gousset, Henri Vallin, Walter, was a Belgian Marxian economist, Trotskyist activist and theorist, and Holocaust survivor. He f ... gave the work a negative review, while the philosopher Jan Narveson wrote that the work was, "greeted with highly mixed feelings by those who had hoped the title meant that there was sense to be made" of Marx. Narveson 2001. ...
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Cambridge University Press
Cambridge University Press was the university press of the University of Cambridge. Granted a letters patent by King Henry VIII in 1534, it was the oldest university press in the world. Cambridge University Press merged with Cambridge Assessment to form Cambridge University Press and Assessment under Queen Elizabeth II's approval in August 2021. With a global sales presence, publishing hubs, and offices in more than 40 countries, it published over 50,000 titles by authors from over 100 countries. Its publications include more than 420 academic journals, monographs, reference works, school and university textbooks, and English language teaching and learning publications. It also published Bibles, runs a bookshop in Cambridge, sells through Amazon, and has a conference venues business in Cambridge at the Pitt Building and the Sir Geoffrey Cass Sports and Social Centre. It also served as the King's Printer. Cambridge University Press, as part of the University of Cambridge, was a ...
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Paradigm
In science and philosophy, a paradigm ( ) is a distinct set of concepts or thought patterns, including theories, research methods, postulates, and standards for what constitute legitimate contributions to a field. The word ''paradigm'' is Ancient Greek, Greek in origin, meaning "pattern". Etymology ''Paradigm'' comes from Greek παράδειγμα (''paradeigma''); "pattern, example, sample"; from the verb παραδείκνυμι (''paradeiknumi''); "exhibit, represent, expose"; and that from παρά (''para''); "beside, beyond"; and δείκνυμι (''deiknumi''); "to show, to point out". In classical (Greek-based) rhetoric, a paradeigma aims to provide an audience with an illustration of a similar occurrence. This illustration is not meant to take the audience to a conclusion; however, it is used to help guide them to get there. One way of how a ''paradeigma'' is meant to guide an audience would be exemplified by the role of a personal accountant. It is not the job of a p ...
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Labour Theory Of Value
The labor theory of value (LTV) is a theory of value that argues that the exchange value of a good or service is determined by the total amount of " socially necessary labor" required to produce it. The contrasting system is typically known as the subjective theory of value. The LTV is usually associated with Marxian economics, although it originally appeared in the theories of earlier classical economists such as Adam Smith and David Ricardo, and later in anarchist economics. Smith saw the price of a commodity as a reflection of how much labour it can "save" the purchaser. The LTV is central to Marxist theory, which holds that capitalists' expropriation of the surplus value produced by the working class is exploitative. Modern mainstream economics rejects the LTV and uses a theory of value based on subjective preferences. Definitions of value and labor According to the LTV, value refers to the amount of socially necessary labor to produce a marketable commodity; Accor ...
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Game Theory
Game theory is the study of mathematical models of strategic interactions. It has applications in many fields of social science, and is used extensively in economics, logic, systems science and computer science. Initially, game theory addressed two-person zero-sum games, in which a participant's gains or losses are exactly balanced by the losses and gains of the other participant. In the 1950s, it was extended to the study of non zero-sum games, and was eventually applied to a wide range of Human behavior, behavioral relations. It is now an umbrella term for the science of rational Decision-making, decision making in humans, animals, and computers. Modern game theory began with the idea of mixed-strategy equilibria in two-person zero-sum games and its proof by John von Neumann. Von Neumann's original proof used the Brouwer fixed-point theorem on continuous mappings into compact convex sets, which became a standard method in game theory and mathematical economics. His paper was f ...
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Rational Choice
Rational choice modeling refers to the use of decision theory (the theory of rational choice) as a set of guidelines to help understand economic and social behavior. The theory tries to approximate, predict, or mathematically model human behavior by analyzing the behavior of a rational actor facing the same costs and benefits.Gary Browning, Abigail Halcli, Frank Webster (2000). ''Understanding Contemporary Society: Theories of the Present'', London: Sage Publications. Rational choice models are most closely associated with economics, where mathematical analysis of behavior is standard. However, they are widely used throughout the social sciences, and are commonly applied to cognitive science, criminology, political science, and sociology. Overview The basic premise of rational choice theory is that the decisions made by individual actors will collectively produce aggregate social behaviour. The theory also assumes that individuals have preferences out of available choice ...
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A General Theory Of Exploitation And Class
''A General Theory of Exploitation and Class'' is a 1982 book about the exploitation of labour and social class written by the economist and political scientist John Roemer. The book was first published in the United States by Harvard University Press. The book received positive reviews, and it was discussed in a dedicated issue of '' Politics & Society''. However, reviewers described Roemer's conclusions as controversial. ''A General Theory of Exploitation and Class'' is considered part of analytical Marxism. Summary Roemer aims to "embed the Marxian theory of exploitation in a more general theory of exploitation which will be capable of specializing to cases other than capitalism", and in particular to socialism. He argues that this would make it possible to "propose a theory of exploitation and class for socialism which can provide a basis for a materialist political theory of socialism." He also discusses the labor theory of value. The book explores a variety of economic mod ...
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Marxian Class Theory
Marxian class theory asserts that an individual's position within a class hierarchy is determined by their role in the production process, and argues that political and ideological consciousness is determined by class position. A class is a group of people who share a common position in the economy, e.g. the working class. Within Marxian class theory, the structure of the production process forms the basis of class construction. To Marx, a class is a group with intrinsic tendencies and interests that differ from those of other groups within society, the basis of a fundamental antagonism between such groups. For example, it is in the laborer's best interest to maximize wages and benefits and in the capitalist's best interest to maximize profit at the expense of such, leading to a contradiction within the capitalist system, even if the laborers and capitalists themselves are unaware of the clash of interests. Marxian class theory has been open to a range of alternate positions, ...
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Exploitation Of Labour
Exploitation is a concept defined as, in its broadest sense, one agent taking unfair advantage of another agent. When applying this to labour (or labor), it denotes an unjust social relationship based on an asymmetry of power or unequal exchange of value between workers and their employers. When speaking about exploitation, there is a direct affiliation with consumption in social theory and traditionally this would label exploitation as unfairly taking advantage of another person because of their vulnerable position, giving the exploiter the power.Dowding, Keith (2011). "Exploitation". ''Encyclopedia of Power''. SAGE Publications. pp. 232–235. . Karl Marx's theory of exploitation has been described in the ''Stanford Encyclopedia of Philosophy'' as the most influential theory of exploitation. Marx described exploitation as the theft of economic power in all class-based societies, including capitalism, through the working class (or the proletariat, as Marx called them) being fo ...
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Neoclassical Economics
Neoclassical economics is an approach to economics in which the production, consumption, and valuation (pricing) of goods and services are observed as driven by the supply and demand model. According to this line of thought, the value of a good or service is determined through a hypothetical maximization of utility by income-constrained individuals and of profits by firms facing production costs and employing available information and factors of production. This approach has often been justified by appealing to rational choice theory. Neoclassical economics is the dominant approach to microeconomics and, together with Keynesian economics, formed the neoclassical synthesis which dominated mainstream economics as "neo-Keynesian economics" from the 1950s onward. Classification The term was originally introduced by Thorstein Veblen in his 1900 article "Preconceptions of Economic Science", in which he related marginalists in the tradition of Alfred Marshall ''et al.'' to ...
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