Ruling classIn sociology, the ruling class of a society is the social class who set and decide the political and economic agenda of society. In Marxist philosophy, the ruling class are the capitalist social class who own the means of production and apply their cultural hegemony to determine and establish the dominant ideology (culture, mores, norms, traditions) of the society. In the 21st century, the worldwide political economy established by globalization has created a transnational capitalist class who are not native to any one country.
Vladimir Lenin'Vladimir Ilyich Ulyanov ( 1870 – 21 January 1924), better known as Vladimir Lenin', was a Russian lawyer, revolutionary, politician and political theorist who served as the first and founding head of government of Soviet Russia from 1917 to 1924 and of the Soviet Union from 1922 to 1924. Under his administration, Russia, and later the Soviet Union, became a one-party socialist state governed by the Communist Party over the course of the Russian Civil War. Ideologically a Marxist, his development of the ideology is known as Leninism.
Surplus valueIn Marxian economics, surplus value is the difference between the amount raised through a sale of a product and the amount it cost to manufacture it: i.e. the amount raised through sale of the product minus the cost of the materials, plant and labour power. The concept originated in Ricardian socialism, with the term "surplus value" itself being coined by William Thompson in 1824; however, it was not consistently distinguished from the related concepts of surplus labor and surplus product.
Dialectical materialismDialectical materialism is a materialist theory based upon the writings of Karl Marx and Friedrich Engels that has found widespread applications in a variety of philosophical disciplines ranging from philosophy of history to philosophy of science. As a materialist philosophy, Marxist dialectics emphasizes the importance of real-world conditions and the presence of functional contradictions within and among social relations, which derive from, but are not limited to the contradictions that occur in social class, labour economics, and socioeconomic interactions.
CapitalismCapitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price systems, private property, property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets.
VanguardismVanguardism, in the context of Leninist revolutionary struggle, relates to a strategy whereby the most class-conscious and politically "advanced" sections of the proletariat or working class, described as the revolutionary vanguard, form organizations to advance the objectives of communism. They take actions to draw larger sections of the working class toward revolutionary politics and to serve as manifestations of proletarian political power opposed to the bourgeoisie.
Frankfurt SchoolThe Frankfurt School (Frankfurter Schule) is a school of social theory and critical philosophy associated with the Institute for Social Research, founded at Goethe University Frankfurt in 1923. Active in the Weimar Republic during the European interwar period, the Frankfurt School initially comprised intellectuals, academics, and political dissidents dissatisfied with the contemporary socio-economic systems (capitalist, fascist, communist) of the 1930s.
Marx's theory of alienationKarl Marx's theory of alienation describes the experience of human life as meaningless or the human self as worthless in modern capitalist society. It is Marx’s earliest recognizable attempt at a systematic explanatory theory of capitalism. The theoretical basis of alienation is that a worker invariably loses the ability to determine life and destiny when deprived of the right to think (conceive) of themselves as the director of their own actions; to determine the character of said actions; to define relationships with other people; and to own those items of value from goods and services, produced by their own labour.
