Marx’s theory of historical materialism uses the evolution of productive forces and class struggle to explain history. With the fall of communism in the 20th century, many components of historical materialism have come under fire. This paper is a defense of the validity of historical materialism and concludes that some of the arguments against Marx’s theory are unfounded, while others still hold weight. What remains is a broad view of history that still has value.
Major Themes in Economics
©2009 by Major Themes in Economics
"The Validity of Karl Marx’s Theory of Historical Materialism,"
Major Themes in Economics, 11, 35-56.
Available at: https://scholarworks.uni.edu/mtie/vol11/iss1/5