Category: Karl Marx
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RELEVANCE OF NEO-MARXISM IN THE POSTMODERN WORLD
Before we dive straight into the relevance of Neo-Marxism in the postmodern world, we need to understand the postmodern world and Neo-Marxism. Hence, we start with some background on the two subjects and then proceed to check for the relevance of Neo-Marxist ideologies in the postmodern world. What is a postmodern world? Though the ideas…
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What is Capitalism? 5 Key Characteristics of Capitalism – Explained
Capitalism very simply, is an economic system. A system where, private entities or individuals control the means of production as well as determine prices in the market, for the sole purpose of profit. Of the many different types of economic systems that can be seen in countries across the world, capitalism and socialism are the…
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Marxist Perspective on Education – Explained with 980 Words
Marxist perspective on Education: Education is a universal phenomenon. It can exist within distinct, formal organizations like schools and colleges, but an also simultaneously exist in other forms in the confines of our home or other immediate environments. There exist multiple perceptions on education and its effectiveness in our society. An amalgamation of various social…
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What is Karl Marx’s Labour Theory of Value?
In economics, one of the driving theories that are used to explain the many complexities of production and consumption is the theory of value. Many great thinkers of the past have propounded such theories to both problematise and simplify the question of the value of economic products. One such theory is called the Labour Theory…
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Karl Marx- Marxist Schools of Thought: At A Glance
ABSTRACT: The word ‘Marxism’ has a very triggering connotation attached to it. Of course, the nature of this trigger amongst people may vary, but it is no mystery that Marxism has left an indelible mark on the entirety of human society. Nearly every core philosophy in the world has been influenced by the Marxian rationale,…
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Difference Between Marxism and Neo-Marxism
Marxism and Neo-Marxism Marxism is an idea which originates from Karl Marx’s views on capitalism, the economic structure of the society and dialectical materialism whereby the focus remains on class inequalities and exploitation due to economic hierarchies, the root of which is capitalism. Neo-Marxists generally criticise the monopolistic and oligarchical nature of capitalism rather than…