I argued in Karl Marx's Theory of History that the central claims of historical materialism are functional explanations, and I said that functional explanations are consequence explanations, ones, that is, in which something is explained by its propensity to have a certain kind of effect. I also claimed that the theory of chance variation and natural selection sustains functional explanations, and hence consequence explanations, of organismic equipment. In Section I I defend the thesis that historical materialism offers functional or consequence (...) explanations, and I reject Jon Elster's contention that game theory can, and should, assume a central role in the Marxist theory of society. In Section II I contrast functional and consequence explanation, thereby revising the position of Karl Marx's Theory of History, and I question whether evolutionary biology supports functional explanations. Section III is a critique of Elster's views on functional explanation, and Sections IV and V defend consequence explanation against metaphysical and epistemological doubts. A concluding section summarizes my present understanding of the status of historical materialist explanations. (shrink)