Kim Moody
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Does the American experience refute Marxism?
in Marxism and America
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While the United States has long conformed to Marx’s analysis of the dynamics of capitalism and its crises, it has historically not followed the political direction of Europe, giving rise to the notion of American exceptionalism. Yet, the development of both European social democracy and global capitalism have brought about a recent convergence of political ideology and practice culminating in neoliberalism and “Third Way” politics across developed economies. Since the Great Recession of 2008–09, and in response to increasing inequality and declining living standards, a growing upsurge of rebellion by a changing and more diverse working class, along with related social movements and left political formations, has arisen across much of the world in a manner foreshadowed in much of Marx’s writings. In this, America is no exception. This illustrates that Marxism is not a system of predestination, but includes both elements of determinism and contingency, above all in matters of class organization and political outcomes.

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Marxism and America

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