Neo-Marxism

Neo-Marxism is a loose term for various twentieth-century approaches that amend or extend Marxism and Marxist theory, usually by incorporating elements from other intellectual traditions, such as: critical theory, psychoanalysis or Existentialism.

Erik Olin Wright's theory of contradictory class locations, which incorporates Weberian sociology and critical criminology, which incorporates anarchism, is an example of the syncretism in neo-Marxist theory.^[1] As with many uses of the prefix neo-,
many theorists and groups designated as neo-Marxist have attempted to supplement the perceived deficiencies of orthodox Marxism or dialectical materialism.
Neo-Marxism comes under the broader framework of the New Left. Neo-Marxism is also used frequently to describe opposition to inequalities experienced by Lesser Developed Countries in a globalized world.

History

There is no formal Neo-Marxist organization and seldom do people call themselves Neo-Marxists, so it is difficult to describe who belongs to this movement. Also there is no set definition as to what a Neo-Marxist is, which makes grouping and categorizing this idea even more difficult.
One idea that many "branches" of Neo-Marxism share is the desire to move away from the idea of a bloody revolution to one of a more peaceful nature.
Moving away from the violence of the red revolutions of the past while keeping the revolutionary message.
Neo-Marxist concepts can also follow an economic theory that attempts to move away from the traditional accusations of class warfare and create new economic theory models
Several important advances to Neo-Marxism came after World War I from Georg Lukács, Karl Korsch and Antonio Gramsci.