Munich Personal RePEc Archive

Financial Systems and Capital Markets: an alternative view

Mavroudeas, Stavros and Lapavitsas, Costas (1999): Financial Systems and Capital Markets: an alternative view. Published in: C.Siriopoulos (ed.), ‘Topics in Financial Economics and Risk Management Analysis’, Paratiritis (1999)

[img]
Preview
PDF
MPRA_paper_18622.pdf

Download (1999Kb) | Preview

Abstract

This 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.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.