Marxism

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Marxism

The economic and social philosophy espousing free access to goods and services, the lack of distinction between classes, the lack of state or government, and common ownership (not state ownership) of the means of production. Marxism asserts that the proletariat (those with no access to capital but who provide most of the labor) will inevitably overthrow the capitalist class and that the state, after a brief period in which it controls the means of production, will fade away to create an ideal society. Marxism is a type of communism. It is named for 19th-century economic philosopher Karl Marx.
References in periodicals archive ?
The first relates to the formal Marxist economics that he locates his research within.
The focus of the critique is that both classical and Marxist economics wrongly focus on the means of production--the possibilities of the production of material wealth--and ignore the ends of production--the human being and her material and spiritual fulfillment.
Even for experts who have worked long years in Vietnam and are familiar with Marxist economic terminology and centrally planned economies, the Vietnamese use of terms like "multi-component commodity economy" can be baffling (Huy, p.
Takuya Sato's contribution to a recent debate in Marxist economics develops a particular analytical position.
The first signs of important new departures in Marxist economic thinking began to appear toward the end of the interwar years, i.
This is the reconstruction of Marxist economics as a coherent body of thought, not a collection of quotations.
Schwarz wrote back in 1960, "Classical Marxist economics advocated the collective ownership of land, but the Communists came to power in Russia and China by the reverse policy of the distribution of land, making everybody a little capitalist.
Building his argument, he describes how liberal economics, Keynesian economics and Marxist economics inform each other and how an integrated perspective leading to a political and moral economy of conflict prevention can work, the horizontal inequality approach and why certain theories of internal conflict are outdated, the structure and culture necessary for a social economy of conflict prevention, and how values, ethics and interests based on human rights can produce development.
Over ten years ago, in Maxine Berg's Political Economy in the Twentieth Century (London: Philip Allan, 1990), I began an article on Paul's work as follows: "Described by the Wall Street Journal as the 'Dean' of radical economics, Paul Sweezy has more than any other single person kept Marxist economics alive in North America" (131).
Broken to bits by the 1972 earthquake, ground to dust by nearly two decades of war and 11 years of Marxist economics, Managua is slowly, inexorably clawing its way into the 20th century, albeit just as the rest of the world is headed for the 21st.
Without explaining the term, he frequently touted "the third way," a middle-of-the-road approach that includes Marxist economics and international usurpation of nationhood.
Thus Marxist spirituality has to be approached in the same critical "spirit" as Marxist economics or political theory.