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A future for (analytical) Marxism?

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  • Veneziani, Roberto

Abstract

Andrew Levine analyses the theoretical legacy of recent Marxist schools, focusing in particular on analytical Marxism (AM). He argues that AM is uniquely suited to provide the foundations for a revival of Marxist theory. In this paper, Levine’s reconstruction of the core of Marxism and his analysis of the trajectory of AM are critically discussed. Although the theoretical contribution of AM should not be overlooked, some objectionable methodological and theoretical tenets of AM, and in particular of Rational Choice Marxism, are discussed, which help to explain the demise of the school. Various directions for further research are suggested, which emphasise the importance of structural constraints and endogenous preferences.

Suggested Citation

  • Veneziani, Roberto, 2006. "A future for (analytical) Marxism?," MPRA Paper 30864, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:30864
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    References listed on IDEAS

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    1. Veneziani, Roberto, 2007. "Exploitation and time," Journal of Economic Theory, Elsevier, vol. 132(1), pages 189-207, January.
    2. Veneziani, Roberto & Mohun, Simon, 2006. "Structural stability and Goodwin's growth cycle," Structural Change and Economic Dynamics, Elsevier, vol. 17(4), pages 437-451, December.
    3. Lebowitz, Michael A, 1994. "Analytical Marxism and the Marxian Theory of Crisis," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 18(2), pages 163-179, April.
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    Cited by:

    1. Roberto Veneziani, 2013. "Exploitation, inequality and power," Journal of Theoretical Politics, , vol. 25(4), pages 526-545, October.

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    More about this item

    Keywords

    Analytical Marxism; methodological individualism; rational choice theory; endogenous preferences; structural constraints;
    All these keywords.

    JEL classification:

    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • B24 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Socialist; Marxist; Scraffian
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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