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Ryerson University
Politics and Public Administration
POL 208
Wayne Petrozzi

Marxism is an economic and sociopolitical worldview and method of socioeconomic inquiry that centers upon a materialist interpretation of history a dialectical view of social change and an analysis and critique of the development of capitalism Marxism was pioneered in the early to mid 19th century by two German philosophers Karl Marx and Friedrich Engels Marxism encompasses Marxian economic theory a sociological theory and a revolutionary view of social change that has influenced socialist political movements around the worldThe Marxian analysis begins with an analysis of material conditions taking at its starting point the necessary economic activities required by human society to provide for its material needs The form of economic organization or mode of production is understood to be the basis from which the majority of other social phenomenaincluding social relations political and legal systems morality and ide
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