Marxist And Neo-Marxist Theory In The Post-WWII Era

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This economic study will define the dilution and variability of Marxist and Neo-Marxist Theory in the post-WWII era. The slow dilution of Marxist theory as a 19th century economic concept defines the rise of capitalism and the neoliberal ideology that has permeated the latter half of the 20th century. The fall of communism in the late 1980s reveals the bankruptcy of communism as a state ideology in the U.S.S.R., especially after the Unite States and other first world nations triumphed through the neoliberal capitalist ideology of the 1990s and into the 21st century. More so, the dilution of Marxism also occurs in the increasing cultural and social abstractions of Marxist ideology that stray from the objective “materialism” of traditional Marxist analysis, which shows a moderate rationalization for capitalism in the Neo-Marxist theory of social and cultural factors in 20th century economics. Various institutions and Neo-Marxists theorists, such as Max Weber and Antonio Gramsci, tend to moderate the effect…show more content…
In this type of capitalist system, many Neo-Marxists had strayed from the strict economic materialism of Karl Marx to a form of cultural and social evaluations of Marxism that diluted the objective analysis of the capitalist system. More so, Marx made the assumption that cultural and social aspects of the means of production and labor had come from the “outside”, which had ignored the possibility that the “competitive advantage” had become the new mantra of the post-WWII era. In this manner, the modernity of Marxist thought had become diluted by the variability of social and cultural analysis of Marxist values, which had been somewhat diluted in the “church” of capitalism that Marx interpreted as being an outside issue in terms of the means of
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