The term used for a new theory formulated by revising and reorienting Marx's original thinking is Neo-Marxian Theory.
The prefix "Neo-" signifies "new" or "revived". Therefore, Neo-Marxian Theory refers to contemporary developments and adaptations of Marxist concepts and critiques. These theories build upon Marx's foundational work but adapt it to new historical contexts or address perceived shortcomings.
Therefore, formulating a new theory by revising and reorienting Marx's thinking is best described as Neo-Marxian Theory.
Who based his ideas on how to change the world on the scientific analysis of society through history?
In context of Marxism philosophy, which of the following is correct?
I. There cannot be a peaceful transformation from capitalism to socialism.
ll. The working class will seize state power by revolution.
Which of the following are features of Marx’s theory of surplus value ?
(a) It is an extension of Ricardo’s theory.
(b) Labour power equals the brain, muscle and nerve of the labourer.
(c) The value of every commodity is not proportional to the quantity or labour contained in it.
(d) The worker must be paid a price proportional to the number of Labour hours that entered into its production.
Select the correct answer from the code given below :
Which of the following are Lenin’s contribution to Marxist theory ?
(a) His theory of the party as ‘the vanguard of the proletariat’ which guides the masses both before and after the revolution.
(b) His theory or capitalist imperialism, which he held to constitute the intermediary stage of capitalism.
(c) His version for the reconstruction of the world’s first proletarian state.
(d) His theory of the strategy and tactics of revolution.
Select the correct answer from the code given below :