ABSTRACT

This chapter presents a brief characterization of the analytical school of Marxism. It describes some of the main tenets of classical Marxism. The chapter discusses the criticisms that have led many to agree with the philosopher H. B. Acton that Marxism is a "philosophical farrago". Critics of analytic philosophy, sometimes dismiss the movement as a venture in triviality. Analytical Marxism advances the bold and far reaching claim that not only modern economics but also contemporary analytic philosophy can be applied to Marxism. The analytical movement began when several economists attempted the paradoxical task of constructing a Marxist science of economics without the labor theory of value. All the criticisms are put together; analytical Marxism becomes a formidable weapon in the hands of anti-Marxists. The Marxists of the later nineteenth century, particularly those of Marx's own German homeland, did not ignore the criticisms to which the science of the proletariat had been subjected.