Philosophy
Marxism is a method of socioeconomic analysis that views class relations and social conflict using a materialist interpretation of historical development and takes a dialectical view of social transformation. It originates from the works of 19th-century German philosophers Karl Marx and Friedrich Engels.
Economics
In Marxist economics, the labor theory of value holds that the value of a commodity is determined by the socially necessary labor time invested in its production. This contrasts with classical and neoclassical economics, where value is typically seen as derived from subjective individual preferences.
Sociology
Marxist sociology is an approach that aims to understand the relationships between social structures, economic conditions, and ideological superstructures. It emphasizes the role of economic forces and class relations in shaping society and social change.