Marxian: meaning, definitions and examples

economic theory

Relating to or derived from the works of Karl Marx, a German philosopher, economist, and revolutionary socialist. Marxian economics focuses on the role of labor in the development of an economy and the exploitation of workers by the capitalist class.

Marxist, communist, socialist

Examples of usage

• The Marxian approach to economics emphasizes the need for workers to control the means of production.

• Many scholars study Marxian theories to understand the dynamics of capitalism.

• Marxian analysis often critiques the inequalities present in capitalist societies.