Abstract: Marxism, with its critique of capitalism and emphasis on class struggle, continues to provide valuable insight into modern social, political, and economic structures. This paper examines the contemporary relevance of Marxist theory in a world shaped by neoliberal capitalism, vast inequalities, and environmental crises. Drawing on recent developments in social movements, digital labor economies, and global environmental politics, the paper explores how Marxism remains a pertinent analytical tool in addressing ongoing societal challenges. It also examines the criticisms and limitations of Marxist thought in the face of complex identity politics and the globalized digital economy. Ultimately, this study asks whether Marxism, either in its original form or through new adaptations, can offer viable solutions to modern socio-economic dilemmas.