Developed a post-Marxist economic theory that emphasizes class struggle and the social relations of production, and co-authored several influential books on economics and politics.
Stephen Resnick, an American Marxist economist, is renowned for his work on Marxian economics, economic methodology, and class analysis, particularly in collaboration with his longtime colleague, Richard D. Wolff. Together, they formulated a nondeterminist, class analytical approach that has had a significant impact on our understanding of political economy.
Born on October 24, 1938, Resnick earned his B.S. in economics from the University of Pennsylvania in 1960. He went on to receive his Ph.D. in 1964 from the Massachusetts Institute of Technology, where his dissertation focused on an econometric analysis of the European Common Market.
Resnick's academic career spanned several institutions, including Yale University, the City College of New York, and the University of Massachusetts Amherst, where he began teaching in 1973. It was during this period that he started working with Richard D. Wolff, and their collaboration led to numerous influential publications. Their work built upon the foundations of Louis Althusser and Étienne Balibar's Reading Capital, offering a nuanced reading of Karl Marx's Capital Volumes II and III.
Resnick's work was deeply rooted in Marxist philosophy, and his approach to class analysis emphasized the importance of understanding the complex, overdetermined relationships between economic, political, and social structures. He believed that Marxism offered a powerful framework for critically analyzing capitalist societies and promoting social change.
Resnick's work has had a significant impact on the development of radical economics and critical theory. His collaboration with Richard D. Wolff has inspired a new generation of scholars and activists to engage with Marxian economics and class analysis. His legacy continues to shape our understanding of political economy, informing debates on economic inequality, globalization, and social justice.
"Class is a complex, multifaceted concept that cannot be reduced to a single definition or dimension." - Stephen Resnick
Resnick's work continues to inspire scholars and activists to engage with the complex, often contradictory nature of class relations, driving us to rethink our understanding of political economy and its role in shaping our world.
84 Years Old
Marxist economist and professor who critiques capitalism and advocates for democratic socialism and worker self-directed enterprises. His work focuses on economic theory, history, and critique of capitalism.
Born in 1910
Founded the Monthly Review, a influential socialist magazine, and wrote extensively on Marxist economics, criticizing capitalism and advocating for socialism.
Born in 1923
A Marxist economist and Trotskyist activist who developed theories on long-wave economic cycles and imperialism, influencing socialist thought and activism.
95 Years Old
A renowned sociologist and historian who developed the concept of world-systems theory, analyzing global economic and social structures, and their impact on modern societies.
Born in 1908
A renowned economist and diplomat who served as the 7th United States Ambassador to India, known for his influential works on economics, particularly "The Affluent Society" and "The New Industrial State".
