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      • Among the most influential theories of Marx are the theory of historical materialism based on class struggle; and the theory of alienation of workers under capitalist conditions. Marx is considered the father of modern sociology and his work in economics laid the foundation for understanding labor and its relation to capital.
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      Karl Marx’s 10 Major Contributions And Accomplishments

  2. learnodo-newtonic.com › karl-marx-contributionKarl Marx’s 10 Major Contributions And Accomplishments

    Mar 28, 2017 · Know about the contributions of Karl Marx to economics and sociology, as well as his theories regarding capitalism and communism, through his 10 major accomplishments.

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  4. www.tutor2u.net › economics › referenceWhat were Karl Marx's key contributions to economic thought?

    Aug 2, 2023 · Here are some of Marx's key contributions: Labour Theory of Value: Marx's labour theory of value posits that the value of a commodity is determined by the amount of socially necessary labour time required to produce it. He argued that labour is the source of all value and that capitalists appropriate surplus value by exploiting the labour of ...

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  6. en.wikipedia.org › wiki › Marx's_methodMarx's method - Wikipedia

    Various Marxist authors have focused on Marx's method of analysis and presentation (historical materialist and logically dialectical) as key factors both in understanding the range and incisiveness of Karl Marx's writing in general, his critique of political economy, as well as Grundrisse and Das Kapital in particular.

  7. plato.stanford.edu › entries › marxKarl Marx - Stanford Encyclopedia of Philosophy

    Aug 26, 2003 · How to read Marx’s economic writings, and especially his masterpiece Capital Volume 1, remains a matter of controversy. An orthodox reading is that Marx’s essential task is to contribute to economic theory, based on a modified form of the labour theory of value.

  8. www.investopedia.com › terms › mMarxian Economics: An Overview - Investopedia

    Jun 5, 2024 · Karl Marx’s Marxian economics theory focuses on the role of labor in the development of an economy. It critiques capitalism and the theories of classical economists.

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  9. plato.stanford.edu › archivES › FALL2017Karl Marx - Stanford Encyclopedia of Philosophy

    Aug 26, 2003 · Marx’s economic analysis of capitalism is based on his version of the labour theory of value, and includes the analysis of capitalist profit as the extraction of surplus value from the exploited proletariat.

  10. www.jstor.org › stable › jUnderstanding Capital: Marx's Economic Theory on JSTOR

    The fundamental point of Marx’s analysis of capitalist production is that surplus value has its origin in unpaid labor. Marx believed, however, that the participants in capitalist economic relations have difficulty in perceiving this fact.

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