The Labour Theory of Value

The Labour Theory of Value

explains Marx’s core economic doctrine that the value of commodities is determined by the labour-power embodied in them and how this underpins the exploitation of the working class.

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Jaksot(14)

Marx’s vision of socialism:

Marx’s vision of socialism:

why Marx refused to draw up any detailed plan for a socialist society but saw socialism as a historical process created by the working class itself after the overthrow of capitalism

13 Loka 202010min

Dialectics

Dialectics

how dialectics is a theory of change through contradiction and how Marx took over this idea from Hegel and, interpreting it materialistically, made it a cornerstone of his underlying philosophy

13 Loka 202011min

Nationalism and Internationalism

Nationalism and Internationalism

why Marx rejected nationalism and called on workers of the world to unite believing socialism could not be realised in one country alone, but also defended the right of oppressed nations to freedom.

13 Loka 202010min

Marx’s theory of the State:

Marx’s theory of the State:

explains how Marx rejected the dominant view of the state as neutral or above class, seeing it as fundamentally an instrument of rule by the dominant economic class, and the revolutionary political im...

13 Loka 202011min

The tendency of the rate of profit to decline

The tendency of the rate of profit to decline

deals with why Marx believed that in the long run, the rate of profit would tend to fall and how this would make capitalism prone to recurring economic crises.

13 Loka 202011min

What is capitalism?

What is capitalism?

This sets out what Marx saw as the main features of capitalism as it developed historically and his analysis of its central dynamic- the accumulation of capital.

13 Loka 202010min

Historical Materialism, part 2

Historical Materialism, part 2

argues against the interpretation of historical materialism as a theory of mechanical economic determinism and shows how Marx and Engels stressed that ideas and political organisation also play a vita...

13 Loka 202011min

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