Definition of Marxian economics

Wikipedia English - The Free Encyclopedia
Marxian economics
Note: "Marxian" is not restricted to "Marxian economics," as it includes those inspired by Marx's works who do not identify with "Marxism" as a political ideology.
Marxian economics refers to a body of economic thought stemming from the work of Karl Marx.

The adherents of Marxian economics, particularly in academia, distinguish it from Marxism as a political ideology, arguing that Marx's approach to understanding the economy is intellectually valuable per se, independent of Marx's advocacy for revolutionary socialism or the inevitability of proletarian revolution. It does not lean entirely upon the work of Marx and other widely known Marxists (LeninTrotsky, etc.), but may draw from a range of Marxist and non-Marxist sources. His work is seen as the basis for a viable analytic framework and an alternative to more conventional neoclassical economics.


See more at Wikipedia.org...

Search Dictionary:
Search Web Search Dictionary