Marxism

The application of dialectical and historical materialism to political economy. The study of political economics and the critical theory expounded by Karl

Marxism-Leninism

The synthesis of the Marxist economic theory with the science of revolution. The blueprint for how to assess the material conditions, to

Material

When used as an adjective, meaning actual, really-existing, and rooted in actual, physical reality. A material benefit, for example, is a real,

Material conditions

These are the actually existing conditions in the world and an important concept in both dialectical materialism and historical materialism. Material conditions

Means of production

(see also, relations of production)   These are the tools and furnishings with which any society engages in wide scale production. In

Mode of production

Modes of production are determined by the sum total of the productive relationships (see relations of production) that exist in any society.

Money

Both a social relation and the universal commodity which is exchangeable for all other commodities. As a social relation, money is the