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)
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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.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | Financial Systems and Capital Markets: an alternative view |
| Language: | English |
| Keywords: | finance, capital markets, Marxism, neoclassical theory |
| Subjects: | E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E11 - Marxian ; Sraffian ; Kaleckian G - Financial Economics > G0 - General |
| Item ID: | 18622 |
| Depositing User: | Professor Stavros Mavroudeas |
| Date Deposited: | 18 Sep 2010 12:32 |
| Last Modified: | 02 Oct 2019 16:46 |
| References: | Ross Levine, 1997. "Financial Development and Economic Growth: Views and Agenda," Journal of Economic Literature |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/18622 |
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