Late capitalismLate capitalism, late-stage capitalism, or end-stage capitalism is a term first used in print by German economist Werner Sombart around the turn of the 20th century. In the late 2010s, the term began to be used in the United States and Canada to refer to corporate capitalism. Later capitalism refers to the historical epoch since 1940, including the post–World War II economic expansion. The expression already existed for a long time in continental Europe, before it gained popularity in the English-speaking world through the English translation of Ernest Mandel's book Late Capitalism, published in 1975.
Critical theoryA critical theory is any approach to social philosophy that focuses on society and culture to attempt to reveal, critique, and challenge power structures. With roots in sociology and literary criticism, it argues that social problems stem more from social structures and cultural assumptions than from individuals. It argues that ideology is the principal obstacle to human liberation. Critical theory finds applications in various fields of study, including psychoanalysis, sociology, history, communication theory, philosophy and feminist theory.
HistoricismHistoricism is an approach to explaining the existence of phenomena, especially social and cultural practices (including ideas and beliefs), by studying their history; that is, by studying the process by which they came about. The term is widely used in philosophy, anthropology, and sociology. This historical approach to explanation differs from and complements the approach known as functionalism, which seeks to explain a phenomenon, such as for example a social form, by providing reasoned arguments about how that social form fulfills some function in the structure of a society.
MarxismMarxism is a method of socioeconomic analysis that uses a materialist interpretation of historical development, better known as historical materialism, to understand class relations and social conflict and a dialectical perspective to view social transformation. It originates from the works of 19th-century German philosophers Karl Marx and Friedrich Engels. As Marxism has developed over time into various branches and schools of thought, no single, definitive Marxist theory exists.
SociologySociology is a social science that focuses on society, human social behavior, patterns of social relationships, social interaction, and aspects of culture associated with everyday life. In simple words sociology is the scientific study of society. It uses various methods of empirical investigation and critical analysis to develop a body of knowledge about social order and social change. While some sociologists conduct research that may be applied directly to social policy and welfare, others focus primarily on refining the theoretical understanding of social processes and phenomenological method.
Continental philosophyContinental philosophy is a term used to describe some philosophers and philosophical traditions that do not fall under the umbrella of analytic philosophy. However, there is no academic consensus on the definition of continental philosophy. Prior to the twentieth century, the term "continental" was used broadly to refer to philosophy from continental Europe. A different use of the term originated among English-speaking philosophers in the second half of the 20th century, who used it to refer to a range of thinkers and traditions outside the analytic movement.
Marxist philosophyMarxist philosophy or Marxist theory are works in philosophy that are strongly influenced by Karl Marx's materialist approach to theory, or works written by Marxists. Marxist philosophy may be broadly divided into Western Marxism, which drew from various sources, and the official philosophy in the Soviet Union, which enforced a rigid reading of Marx called dialectical materialism, in particular during the 1930s.
CultureCulture (ˈkʌltʃər) is an umbrella term which encompasses the social behavior, institutions, and norms found in human societies, as well as the knowledge, beliefs, arts, laws, customs, capabilities, and habits of the individuals in these groups. Culture is often originated from or attributed to a specific region or location. Humans acquire culture through the learning processes of enculturation and socialization, which is shown by the diversity of cultures across societies.
New LeftThe New Left was a broad political movement mainly in the 1960s and 1970s. It consisted of activists in the Western world who campaigned for a broad range of social issues such as civil and political rights, feminism, gay rights, rejection of gender roles, and drug policy reforms. Some see the New Left as an oppositional reaction to earlier Marxist and labor union movements for social justice that focused on dialectical materialism and social class, while others who used the term see the movement as a continuation and revitalization of traditional leftist goals.
Western philosophyWestern philosophy encompasses the philosophical thought and work of the Western world. Historically, the term refers to the philosophical thinking of Western culture, beginning with the ancient Greek philosophy of the pre-Socratics. The word philosophy itself originated from the Ancient Greek (φιλοσοφία), literally, "the love of wisdom" φιλεῖν , "to love" and σοφία sophía, "wisdom").