Marxism

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Last updated 6:57 PM on 8/16/26
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107 Terms

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Capitalism

An economic system where private owners control property, factories, and trade for personal profit.

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Communism

A final, classless society with no money or government, where everyone shares resources equally.

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Socialism

A transition system where workers own the tools of production and distribute wealth based on work.

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Proleteriat

The working class who must sell their labor for wages to survive.

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Bourgeoisie

The wealthy capitalist class who own the factories, land, and tools.

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Class Struggle

The constant conflict between the ruling class and the working class over wealth and power.

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Revolution

The sudden overthrow of a ruling social class by an oppressed class to change the system.

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Exploitation

Paying workers less than the full value of the wealth their labor creates.

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Imperialism

Advanced capitalism where rich nations control poorer nations for resources and markets.

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Alienation

The feeling of separation and misery workers feel when they have no control over their work.

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Ideology

A set of ideas and beliefs spread by the ruling class to make their power look normal and fair.

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State

The organization (like police and courts) used by the ruling class to keep control over other classes.

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Commodity

Any good or service made by human work that is bought and sold on the market.

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Labor Theory of Value

The idea that a product's economic worth is based on the work time needed to make it.

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Feudalism

The old economic system where kings and lords owned land and peasants farmed it.

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Automation

Replacing human laborers with machines, which cuts production time but threatens profits.

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Superstructure

Everything built on top of the economic base, including culture, religion, and laws.

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Base

The economic foundation of society, including resources, tools, factories, and worker-boss relations.

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Surplus Value

The extra wealth a worker creates that goes to the business owner as profit.

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Nationalization

When the government takes ownership of private businesses or industries.

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Historical Materialism

The theory that human history is driven forward by economics and tools, not by ideas.

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Dialectical Materialism

A way of understanding the world by looking at how real, physical things clash and change.

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Class Conciousness

The moment workers realize they belong to a shared class with the same struggles.

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False conciousness

When workers are tricked into supporting ideas or leaders that actually harm their economic class.

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Socially Necessary Labor Time

The average time a normal worker takes to make a product using common tools.

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Ruling Class

The group in society that holds the most wealth and uses it to control laws and government.

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Vanguard Party

A highly organized group of dedicated activists who lead and teach the working class during a revolution.

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Dictatorship of the Proleteriat

A temporary state where the working class holds political power to protect the revolution.

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Commodity Fetishism

Treating bought goods like they have magical value, forgetting they were made by human workers.

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Lumpenproleteriat

The lowest social class of people outside the regular workforce, like criminals, who lack political awareness.

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Petty Bourgeoisie

Small business owners or self-employed people who hold some wealth but must still work to survive.

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Division of Labor

Breaking a big job down into tiny, simple tasks done by different workers.

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Utopian Socialism

Early socialist ideas based on moral goodness rather than analyzing real economic history.

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Scientific Socialism

The term Marx used for his own theories because they were based on real economic data.

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Cultural Hegemony

Gramsci's term for how the ruling class uses media and schools to control a society's cultural beliefs.

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Overproduction

A capitalist crisis where factories make way more goods than workers can afford to buy back.

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Monopoly Capitalism

stage of economics where a few massive companies eliminate competition.

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Reformism

The belief that capitalism can be fixed slowly through laws and votes without a revolution.

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Anarcho-Communism

A belief system that wants to abolish the state and capitalism at the exact same moment.

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Collectivization

Merging small, private farms or shops into large, group-managed projects run by the community.

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Forces of Production

The actual physical tools, machines, factories, and human skills used to make things.

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Relations of Production

The social connections and power dynamics between people during work.

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Mode of Production

The overall economic system of a time period, combining the tools used and the social setup.

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Labor Power

A worker's capacity or ability to do work, which they sell to a boss for a wage.

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Use-Value

How useful an item is to someone in real life.

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Exchange-Value

What an item can be traded for on the market, usually measured in money.

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Primitive Accomulation

The historical process of taking land away from peasants by force to kickstart early capitalism.

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Reserve Army of Labor

The pool of unemployed workers kept desperate by capitalism, used by bosses to keep wages low.

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Crisis of Capitalism

A regular, built-in economic crash caused by the internal flaws of the profit system.

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Constant Capital

Money spent on non-human production materials, like factories, tools, and raw resources.

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Variable Capital

Money spent on hiring human workers (wages), which creates new value.

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Rate of Profit

The total return a business owner gets on all the money they invested in tools and workers combined.

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Law of Tendency of the Rate of Profit to Fall

The prediction that profit rates drop over time as businesses buy more machines and fewer human hours.

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Praxis

Turning political theories and ideas into real-world action to change society.

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Withering Away of the State

The gradual disappearance of the government once social classes vanish and no longer need controlling.

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Internationalism

The belief that workers worldwide share the same struggle and must unite across country borders.

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State-Capitalism

A system where the government owns the companies but runs them like profit-driven capitalist businesses.

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Democratic Centralism

A voting rule where members debate freely, but once a decision is made, everyone must follow it strictly.

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Permanent Revolution

Trotsky's idea that a revolution must immediately push from a middle-class revolt straight into a worker takeover.

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Revisionism

Altering or watering down core Marxist ideas so much that they lose their original revolutionary meaning.

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Dialectic

A process of change where a starting idea (thesis) clashes with an opposite idea (antithesis) to form a new result (synthesis).

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Contradiction

An internal clash built directly into a system that will eventually force the whole system to break or change.

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Ideological State Apparatus

Institutions like schools, churches, and media that brainwash citizens into accepting the government.

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Repressive State Apparatus

The physical forces of a government used to crush rebellions, like police, military, and prisons.

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Reification

Treating an abstract social relationship (like employment) as if it were a solid, unchangeable physical thing.

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Dictatorship of the Bourgeoisie

A term describing capitalist democracies, where rich owners secretly hold all the real power.

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Class-in-itself

A group of workers who share the same economic position but do not yet realize their collective power.

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Class-for-itself

A group of workers who actively unite and fight together for their shared political goals.

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Organic Composition of Capital

The ratio between money spent on machinery versus money spent on human wages.

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Rate of Surplus Value

The math equation showing the level of exploitation (surplus value divided by variable capital).

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Abstract Labor

Human work looked at purely as spent energy over time, ignoring the specific job being done.

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Concerted Labor

The specific, physical type of work done to make a unique item.

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Necessary Labor

The portion of a workday where a worker creates enough value to pay for their own basic needs.

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Surplus Labor

The extra hours a worker spends creating free wealth for the business owner after covering their wage.

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Absolute Surplus Value

Profit made by making the workday longer without increasing the worker's pay.

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Relative Surplus Value

Profit made by using better machines to make workers faster, cutting the cost of keeping them alive.

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Species-Being

The natural human drive to work creatively, cooperate with others, and improve the world.

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Idealism

The philosophical belief that human ideas and thoughts are what change history, which Marxists reject.

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Peasantry

Rural agricultural workers who farm land but do not traditionally own large factories.

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Social Stratification

The way society is divided into layers based on wealth, power, and status.

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Determinism

The belief that economic conditions completely lock in and dictate the exact future of human society.

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Overdetermination

When an event or social shift is caused by many different economic and cultural factors at the same time.

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Interpellation

The way society's institutions trick individuals into accepting their pre-assigned social roles without questioning them.

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Historicity

Looking at ideas and institutions as temporary products of history rather than permanent human truths.

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Estrangement

Marx's term for how capitalism forces humans away from their natural, creative social instincts.

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Unity of Opposites

The rule that two clashing forces (like bosses and workers) cannot exist without each other inside the system.

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Quantity into Quality

The idea that tiny, slow changes build up until they cause a sudden, massive transformation.

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Negation of the Negation

A philosophical law where a new system replaces an old one, only to be replaced by something even better later.

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Uneven Development

The way capitalism makes some regions or countries highly advanced while keeping others poor and backward.

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Subsumption of Labor

The process of capitalism wrapping itself around traditional work habits and turning them into profit-driven tasks.

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Expropriation

Taking property away from its private owner, usually done by a revolutionary government.

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Mercantilism

An early economic system focused on government-regulated trade and hoarding gold through colonies.

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Teleology

The idea that history is moving toward a final, pre-planned destination or goal.

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Intellegentsia

Educated people like writers and professors who think about society and often shape political ideas.

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Aristocracy of Labor

Well-paid workers who feel comfortable under capitalism and are less likely to join a revolution.

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Polarization of Class

The widening gap over time that splits society into two extreme groups: the super-rich and the very poor.

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Proleterianization

The process of middle-class or self-employed people losing their status and becoming regular wage workers.

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Interclass Friction

Smaller arguments that happen between different layers of the same social class.

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Spontaneity

A sudden, unplanned uprising by workers without direction from a political party.

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Industrial Reserve

Another economic name for the unemployed population waiting to be hired during economic booms.