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marginalism
In economic discourse, this term refers to a specific theoretical framework centered on the concept of marginal utility. It is a technical term used primarily in academic and professional settings to describe the shift away from classical labor theories of value. It carries a neutral, descriptive tone within the field of economics.
In sociological or philosophical contexts, the term describes a perspective that prioritizes the periphery over the center. This usage often carries a critical or analytical connotation, focusing on marginalized groups or overlooked elements of a system to reveal hidden power dynamics or cultural shifts.