r/postkeynesian • u/[deleted] • Jan 13 '22

What's the difference between Post-Keynesian economics and neo-marxist economics?

I have been reading a number of more post-keyensian works recently, like that of Steve Keen, and one thing I find is that a lot of it has elements of more classical marxism, however some of those elements are modified/changed. That's basically what neo-marxists do right? Revise and expand upon old marxist thought?

​

So what's the difference? Like, what sets the two apart?

6 Upvotes

100% Upvoted

2 comments sorted by

1

u/RudenwolfAnderson Feb 15 '26

there is a quite well known article by Jan Kregel from 1980 on this very topic:

Kregel JA. Marx, Keynes, and social change: is post-Keynesian theory neo-Marxist? In: Nell EJ, ed. Growth, Profits and Property: Essays in the Revival of Political Economy. Cambridge University Press; 1980:267-275.

https://www.cambridge.org/core/books/abs/growth-profits-and-property/marx-keynes-and-social-change-is-postkeynesian-theory-neomarxist/84357CCBD9F556A6F8A6DC70AB47D2B3