How far would you say that Neo-Marxist have contributed to the continuing relevance of theories of social class inequality today? Social class inequality can be defined as the existence of socially created inequalities among and within classes. They can be attributed to various factors such as race, colour, ethnicity, gender, income, etc. It is arguable that inequalities that exist in post-independence societies as well as the inequalities which exist between nations can be directly traced back to the exploitative capitalism which accompanied
European colonialism. Neo-Marxism has indeed contributed to the continuing relevance of theories of social class inequality in contemporary times. Therefore, the aim of this essay is to identify the nature of Neo-Marxism, its emergence as a school of thought, the main views of Neo-Marxism and its application to today as it regards to Social Class Inequality. Neo-Marxism for the purpose of this research paper can be defined as : a term loosely applied to any social theory or sociological analysis which draws on the ideas of Karl Marx and Friedrich Engels, but amends or extends these, usually by incorporating elements from other intellectual traditions—such as, for example, psychoanalysis (as in the case of critical theory), Weberian sociology (as in Erik Olin Wright's theory of contradictory class locations), or anarchism (as in the example of critical criminology). (Site ref) This social theory emerged during the late 1960’s and early 1970’s through the Frankfurt School, in Germany. This institution was referred to as the Institute of Social Research at the University of Frankfurt, Germany. The early Neo-Marxists from that school were Max Horkheimer, Herbert Marcuse, Theodor Adorno and Leo Lowenthal among others. Max Horkheimer referred to this new strain of Marxism as Critical Theory in 1937; it is a social theory oriented towards critiquing and changing society as a whole, in contrast to the traditional Marxist...
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