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Historical materialism and the economics of Karl Marx

By Benedetto Croce
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EconomicsHistory - OtherPhilosophy & Ethics

About This Book

The essay argues that historical materialism is not a new philosophical method or deterministic law but a set of observations showing how economic conditions influence social institutions and culture. It rejects economic reductionism and warns against explaining all historical phenomena solely by economic causes, noting survivals, traditions, and individual variation. It examines links between economic analysis and socialist ideals, arguing that economic inquiry reveals influences on moral and intellectual life without denying moral claims. It treats Marx's critique as an abstract study of capitalist relations, questions the labour–value assumption, and distinguishes pure economics from social economics and historical study. Through critiques of contemporary interpreters it urges cautious, pluralistic application of economic insight within broader historiography.

About the Author

Croce, Benedetto portrait

Benedetto Croce

Benedetto Croce (1866-1952) was an influential Italian philosopher, historian, and critic, known for his contributions to aesthetics and the philosophy of history. His work emphasized the importance of the subjective experience in understanding art and culture. Croce's notable texts include "Aesthetic as Science of Expression and General Linguistic," where he explores the relationship between aesthetics and language. He also engaged with historical materialism and critiqued Marxist economics in his writings. Croce's ideas have significantly shaped modern thought in philosophy and the humanities, making him a key figure in 20th-century intellectual discourse.

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