Financial Systems and Capital Markets: an alternative view
AbstractThis paper presents the Marxist theory of the financial system and the capital markets. First, it surveys the orthodox literature on the relationship between finance and the economy. Then, the function of the capital markets is analysed. Finally the differences between the orthodox and the Marxist perspective are being explained.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 18622.
Date of creation: 1999
Date of revision:
finance; capital markets; Marxism; neoclassical theory;
Find related papers by JEL classification:
- E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Institutional; Evolutionary
- G0 - Financial Economics - - General
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