[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/nwe/natrud/y2018i5p395-411.html
   My bibliography  Save this article

Marxist Explanations of the Rise of Contemporary Oligarchy

Author

Listed:
  • Ivka Tsakova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract
The ideas of Karl Marx experience a renaissance in the contemporary world of neoliberal global capitalism. The thesis of the state as a “weapon of class dominance” is especially current in the process of oligarchization of politics under the mask of liberal democracy. We try to explain the rise of the contemporary oligarchy with the methodology of Marxism (neomarxism). The content is structured around three statements: a) The oligarchs are treated as a class; b) Oligarchy is legitimized with ideology; c) Current capital accumulation has reached unprecedented concentration in the hands of the few. The conclusion draws paths for anti-oligarchic resistance.

Suggested Citation

  • Ivka Tsakova, 2018. "Marxist Explanations of the Rise of Contemporary Oligarchy," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 5, pages 395-411, December.
    • Handle: RePEc:nwe:natrud:y:2018:i:5:p:395-411
    as

    Download full text from publisher

    File URL: http://unwe-research-papers.org/bg/journalissues/article/10048
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    oligarchy; capitalism; class struggle; neomarxism; neoliberalism;
    All these keywords.

    JEL classification:

    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nwe:natrud:y:2018:i:5:p:395-411. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.