Recent calls for a revision the standard evolutionary theory (ST) are based on arguments about the reciprocal causation of evolutionary phenomena. Reciprocal causation means that cause-effect relationships are obscured, as a cause could later become an effect and vice versa. Such dynamic cause-effect relationships raises questions about the distinction between proximate and ultimate causes, as originally formulated by Ernst Mayr. They have also motivated some biologists and philosophers to argue for an Extended Evolutionary Synthesis (EES). Such an EES will supposedly replace the Modern Synthesis (MS), with its claimed focus on unidirectional causation. I critically examine this conjecture by the proponents of the EES, and conclude, on the contrary, that reciprocal causation has long been recognized as important in ST and in the MS tradition. Numerous empirical examples of reciprocal causation in the form of positive and negative feedbacks now exists from both natural and laboratory systems. Reciprocal causation has been explicitly incorporated in mathematical models of coevolutionary arms races, frequency-dependent selection and sexual selection. Such feedbacks were already recognized by Richard Levins and Richard Lewontin, long before the call for an EES and the associated concept of niche construction. Reciprocal causation and feedbacks is therefore one of the few contributions of dialectical thinking and Marxist philosophy in evolutionary theory, and should be recognized as such. While reciprocal causation have helped us to understand many evolutionary processes, I caution against its extension to heredity and directed development if such an extension involves futile attempts to restore Lamarckian or soft inheritance.