• UnderpantsWeevil@lemmy.world
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    4 months ago

    Its definitely neo-marxist.

    You’ll get it from folks like Richard Wolff (on the more academic end) and Amber Lee-Frost / November Caldwell Kelly (on the podcasty end). Piketty’s “Capitalism in the 21st Century” also takes a deep dive into Managerial Capitalism and the modern method of corporate administration.

    More orthodox Marxists tend to dismiss it as a distraction, but I tend to think there’s real value in understanding the class elements of the administrative state as distinct from both proletariat labor and bourgeoisie owners.

    • Prunebutt
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      4 months ago

      Well, AFAIK, the orthodox marxists tend to be Marxist-Leninists, who kind of want to overlook all that administrative class business, Bakunin warned us all about way before Lenin. Or is that a different bunch alltogether again?

      • UnderpantsWeevil@lemmy.world
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        4 months ago

        Bakunin never had to be in charge of anything as vast as a Soviet Union. Marxist-Leninists can be the victims of their own success in that regard. But I think Bakunin was more speaking of bureaucrats broadly, while your more modern Marxists are concerned specifically with how the organs of capitalist states function in the era of industrial finance.