tailieunhanh - Revision of Marxist thought in global socialist perspectives

Marxism gives a common background to both school of thoughts either capitalism or socialism. Marxism is also known as scientific socialism because of its practical validity. Marxism believes that the downfall of capitalism is inevitable according to its own process of dialectic feature. Communism is an extreme limit of Marxism whereas socialism is considered to be a transitional phase of capitalism and communism. The failure of both classical capitalism on the one hand and communism on the other together with the successful achievements of socialism in various countries are sufficient evidences to rationalize the practical validity of socialism in global perspectives. In this context, particularly evolutionary socialists have sufficiently contributed to replace the deficiencies of Marxism in global socialist perspectives. | REVISION OF MARXIST THOUGHT IN GLOBAL SOCIALIST PERSPECTIVES Neelam Kumar Sharma ABSTRACT Marxism gives a common background to both school of thoughts either capitalism or socialism. Marxism is also known as scientific socialism because of its practical validity. Marxism believes that the downfall of capitalism is inevitable according to its own process of dialectic feature. Communism is an extreme limit of Marxism whereas socialism is considered to be a transitional phase of capitalism and communism. The failure of both classical capitalism on the one hand and communism on the other together with the successful achievements of socialism in various countries are sufficient evidences to rationalize the practical validity of socialism in global perspectives. In this context particularly evolutionary socialists have sufficiently contributed to replace the deficiencies of Marxism in global socialist perspectives. Key words Marxism Marxist Capitalism Capitalist Socialism Socialist Fabians Communism Revision Thought Validity System. ISSUE AND OBJECTIVE The objective of this study is to analyze different paradigms of socialist economic thoughts. Some socialist economic thoughts are based on Marxist philosophy however many socialist thoughts are in the modified forms of Marxism from different corners. Hence Marxist economic thought are used and misused by different manners in different ways. This study presents analytical discussions on the use and misuse of Marxist thought by different philosophers in various timeframe of global perspectives. Karl Marx 1818-1883 was the founder of scientific socialism. He modified Hegelian dialectic philosophy on a materialistic basis and made social evolution a matter of material and economic forces. Marx has analyzed capitalist stage and the doctrine of class struggle on the basis of materialistic interpretation of history. Marxism is at once philosophy sociology history and economics Lekachman 1966 . Therefore different disciplines of

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