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Capitalism
An economic system where private owners control property, factories, and trade for personal profit.
Communism
A final, classless society with no money or government, where everyone shares resources equally.
Socialism
A transition system where workers own the tools of production and distribute wealth based on work.
Proleteriat
The working class who must sell their labor for wages to survive.
Bourgeoisie
The wealthy capitalist class who own the factories, land, and tools.
Class Struggle
The constant conflict between the ruling class and the working class over wealth and power.
Revolution
The sudden overthrow of a ruling social class by an oppressed class to change the system.
Exploitation
Paying workers less than the full value of the wealth their labor creates.
Imperialism
Advanced capitalism where rich nations control poorer nations for resources and markets.
Alienation
The feeling of separation and misery workers feel when they have no control over their work.
Ideology
A set of ideas and beliefs spread by the ruling class to make their power look normal and fair.
State
The organization (like police and courts) used by the ruling class to keep control over other classes.
Commodity
Any good or service made by human work that is bought and sold on the market.
Labor Theory of Value
The idea that a product's economic worth is based on the work time needed to make it.
Feudalism
The old economic system where kings and lords owned land and peasants farmed it.
Automation
Replacing human laborers with machines, which cuts production time but threatens profits.
Superstructure
Everything built on top of the economic base, including culture, religion, and laws.
Base
The economic foundation of society, including resources, tools, factories, and worker-boss relations.
Surplus Value
The extra wealth a worker creates that goes to the business owner as profit.
Nationalization
When the government takes ownership of private businesses or industries.
Historical Materialism
The theory that human history is driven forward by economics and tools, not by ideas.
Dialectical Materialism
A way of understanding the world by looking at how real, physical things clash and change.
Class Conciousness
The moment workers realize they belong to a shared class with the same struggles.
False conciousness
When workers are tricked into supporting ideas or leaders that actually harm their economic class.
Socially Necessary Labor Time
The average time a normal worker takes to make a product using common tools.
Ruling Class
The group in society that holds the most wealth and uses it to control laws and government.
Vanguard Party
A highly organized group of dedicated activists who lead and teach the working class during a revolution.
Dictatorship of the Proleteriat
A temporary state where the working class holds political power to protect the revolution.
Commodity Fetishism
Treating bought goods like they have magical value, forgetting they were made by human workers.
Lumpenproleteriat
The lowest social class of people outside the regular workforce, like criminals, who lack political awareness.
Petty Bourgeoisie
Small business owners or self-employed people who hold some wealth but must still work to survive.
Division of Labor
Breaking a big job down into tiny, simple tasks done by different workers.
Utopian Socialism
Early socialist ideas based on moral goodness rather than analyzing real economic history.
Scientific Socialism
The term Marx used for his own theories because they were based on real economic data.
Cultural Hegemony
Gramsci's term for how the ruling class uses media and schools to control a society's cultural beliefs.
Overproduction
A capitalist crisis where factories make way more goods than workers can afford to buy back.
Monopoly Capitalism
stage of economics where a few massive companies eliminate competition.
Reformism
The belief that capitalism can be fixed slowly through laws and votes without a revolution.
Anarcho-Communism
A belief system that wants to abolish the state and capitalism at the exact same moment.
Collectivization
Merging small, private farms or shops into large, group-managed projects run by the community.
Forces of Production
The actual physical tools, machines, factories, and human skills used to make things.
Relations of Production
The social connections and power dynamics between people during work.
Mode of Production
The overall economic system of a time period, combining the tools used and the social setup.
Labor Power
A worker's capacity or ability to do work, which they sell to a boss for a wage.
Use-Value
How useful an item is to someone in real life.
Exchange-Value
What an item can be traded for on the market, usually measured in money.
Primitive Accomulation
The historical process of taking land away from peasants by force to kickstart early capitalism.
Reserve Army of Labor
The pool of unemployed workers kept desperate by capitalism, used by bosses to keep wages low.
Crisis of Capitalism
A regular, built-in economic crash caused by the internal flaws of the profit system.
Constant Capital
Money spent on non-human production materials, like factories, tools, and raw resources.
Variable Capital
Money spent on hiring human workers (wages), which creates new value.
Rate of Profit
The total return a business owner gets on all the money they invested in tools and workers combined.
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.
Praxis
Turning political theories and ideas into real-world action to change society.
Withering Away of the State
The gradual disappearance of the government once social classes vanish and no longer need controlling.
Internationalism
The belief that workers worldwide share the same struggle and must unite across country borders.
State-Capitalism
A system where the government owns the companies but runs them like profit-driven capitalist businesses.
Democratic Centralism
A voting rule where members debate freely, but once a decision is made, everyone must follow it strictly.
Permanent Revolution
Trotsky's idea that a revolution must immediately push from a middle-class revolt straight into a worker takeover.
Revisionism
Altering or watering down core Marxist ideas so much that they lose their original revolutionary meaning.
Dialectic
A process of change where a starting idea (thesis) clashes with an opposite idea (antithesis) to form a new result (synthesis).
Contradiction
An internal clash built directly into a system that will eventually force the whole system to break or change.
Ideological State Apparatus
Institutions like schools, churches, and media that brainwash citizens into accepting the government.
Repressive State Apparatus
The physical forces of a government used to crush rebellions, like police, military, and prisons.
Reification
Treating an abstract social relationship (like employment) as if it were a solid, unchangeable physical thing.
Dictatorship of the Bourgeoisie
A term describing capitalist democracies, where rich owners secretly hold all the real power.
Class-in-itself
A group of workers who share the same economic position but do not yet realize their collective power.
Class-for-itself
A group of workers who actively unite and fight together for their shared political goals.
Organic Composition of Capital
The ratio between money spent on machinery versus money spent on human wages.
Rate of Surplus Value
The math equation showing the level of exploitation (surplus value divided by variable capital).
Abstract Labor
Human work looked at purely as spent energy over time, ignoring the specific job being done.
Concerted Labor
The specific, physical type of work done to make a unique item.
Necessary Labor
The portion of a workday where a worker creates enough value to pay for their own basic needs.
Surplus Labor
The extra hours a worker spends creating free wealth for the business owner after covering their wage.
Absolute Surplus Value
Profit made by making the workday longer without increasing the worker's pay.
Relative Surplus Value
Profit made by using better machines to make workers faster, cutting the cost of keeping them alive.
Species-Being
The natural human drive to work creatively, cooperate with others, and improve the world.
Idealism
The philosophical belief that human ideas and thoughts are what change history, which Marxists reject.
Peasantry
Rural agricultural workers who farm land but do not traditionally own large factories.
Social Stratification
The way society is divided into layers based on wealth, power, and status.
Determinism
The belief that economic conditions completely lock in and dictate the exact future of human society.
Overdetermination
When an event or social shift is caused by many different economic and cultural factors at the same time.
Interpellation
The way society's institutions trick individuals into accepting their pre-assigned social roles without questioning them.
Historicity
Looking at ideas and institutions as temporary products of history rather than permanent human truths.
Estrangement
Marx's term for how capitalism forces humans away from their natural, creative social instincts.
Unity of Opposites
The rule that two clashing forces (like bosses and workers) cannot exist without each other inside the system.
Quantity into Quality
The idea that tiny, slow changes build up until they cause a sudden, massive transformation.
Negation of the Negation
A philosophical law where a new system replaces an old one, only to be replaced by something even better later.
Uneven Development
The way capitalism makes some regions or countries highly advanced while keeping others poor and backward.
Subsumption of Labor
The process of capitalism wrapping itself around traditional work habits and turning them into profit-driven tasks.
Expropriation
Taking property away from its private owner, usually done by a revolutionary government.
Mercantilism
An early economic system focused on government-regulated trade and hoarding gold through colonies.
Teleology
The idea that history is moving toward a final, pre-planned destination or goal.
Intellegentsia
Educated people like writers and professors who think about society and often shape political ideas.
Aristocracy of Labor
Well-paid workers who feel comfortable under capitalism and are less likely to join a revolution.
Polarization of Class
The widening gap over time that splits society into two extreme groups: the super-rich and the very poor.
Proleterianization
The process of middle-class or self-employed people losing their status and becoming regular wage workers.
Interclass Friction
Smaller arguments that happen between different layers of the same social class.
Spontaneity
A sudden, unplanned uprising by workers without direction from a political party.
Industrial Reserve
Another economic name for the unemployed population waiting to be hired during economic booms.