Classifier Instance:

Anchor text: David Ricardo's
Target Entity: David_Ricardo
Preceding Context: In addition to its unique epistemology, Marx's theory is built on concepts—such as forces and relations of production—that have no counterpart in classical political economy. Even when existing terms are adopted—for example, the theory of surplus value that combines
Succeeding Context: concepts of rent, profit, and interest—their meaning and relation to other concepts in the theory is significantly different. However, more fundamental to Marx's "break" is a rejection of homo economicus, or the idea, held by the classical economists, that the needs of individuals can be treated as a fact or "given" independent of any economic organisation. For the classical economists, such individual needs can serve as a premise for a theory explaining the character of a mode of production and as an independent starting point for a theory about society. Where political economy explains economic systems as a response to individual needs, Marx's analysis accounts for a wider range of social phenomena in terms of the parts they play in a structured whole. Consequently, Marx's Capital has greater explanatory power than does political economy in that it provides both a model of the economy and a description of the structure and development of a whole society. In Althusser's view, Marx does not simply argue that human needs are largely created by their social environment and thus vary with time and place; rather, he abandons the very idea that there can be a theory about what people are like that is prior to any theory about how they come to be that way.
Paragraph Title: null
Source Page: Louis Althusser

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