Rational Choice Marxism


Rational Choice Marxism
   A term often used as a synonym for analytical Marxism, but while all rational choice Marxists are analytical Marxists, not all analytical Marxists are rational choice Marxists. Rational choice Marxism differs from the broader school of analytical Marxism in its specific commitment to methodological individualism (the doctrine that all social phenomena can only be explained in terms of the actions, beliefs, etc. of individual subjects) and the use of rational choice theory in interpreting, developing and reconstructing Marxist theory. Analytical Marxism allows for methodological collectivism, for example, as found in the writings of the main founder of analytical Marxism, Gerry Cohen.

Historical dictionary of Marxism. . 2014.