Theory of historical trajectory

The theory of historical trajectory is part of Karl Marx's historical materialism. This theory has been analyzed by Erik Olin Wright, whose work has been cited in relation to it. According to Wright, while Marx's theory of social change is often regarded as obsolete, it is nonetheless an important and likely still the "most ambitious attempt to construct a scientific theory of alternatives to capitalism". What Marx attempted was to develop a deterministic theory of "long term impossibility of capitalism". According to Marx, the very same problems that should make capitalism fail should also provide the means for the new, more democratic and egalitarian society to arise.

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