In
economics, the theory that occurrences are caused directly by other occurrences, and that
economic agency by individuals plays little or no role. For example, a company's success occurs because social and economic pressures cause its products to be demanded, and not because of any marketing strategy its management devises. Determinism is associated with
Karl Marx, who believed in the importance of historical analysis in explaining economic phenomena. However, some
Marxist analysts have rejected that Marx taught economic determinism.