Marx's theory is best known as "dialectical materialism." This is the overall theory by which Marx reconciles the various stages of history, the class struggles they created and society's ultimate evolution into communism.
This name distinguishes itself from Georg Hegel's theory of the "dialectic." The difference, in simplistic terms, is that the "dialectic" theorizes that reality comes from reason. "Dialectical materialsm" theorizes that reality is shaped by objective facts independent of reason.
Karl Marx is best known as the main thinker behind the economic theory of communism. He believed in the idea of a classless society where private ownership of property was abolished, and production was based on the principles of collective ownership and control.
Socialism
Aristotle
John Locke
This is from Enlightenment thinker John Locke.
Yes, Marx was a social thinker. He is known for his economic and political theories which predicted communism; however, those theories went beyond economics and politics, because he used them to theorize how certain societies developed into what they were and are. His theory that the mode of production (economic systems) created feudalism and capitalism and would eventually change society into socialism and then communism (social systems).
Charles-Louis Montesquieu was a French political thinker known for his theory of separation of powers.
Charles-Louis Montesquieu was a French political thinker known for his theory of separation of powers.
An economic theory is a theory that has to do with the production, distribution and consumption of goods and services.
An Economic Theory of Democracy was created in 1957.
Journal of Economic Theory was created in 1969.
Society for the Advancement of Economic Theory was created in 1991.
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