Economic, financial and social commentators from all directions and persuasion are obsessed with the prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to get out of it. The purpose of our paper is to ask a very different question that...

1. Introduction -- 2. Neoclassical Economics and Capitalism -- 3. Marxian Economics -- 4. John Maynard Keynes and Stabilization Measures -- 5. Neoclassical Economics, Marx and Keynes, and the Global Financial Crisis -- 6. Capitalism Versus Socialism: A Few Country Studies -- 7. Survival of the...

This text deals with the analysis of the phenomenon of heterogeneity in capitalist economies with the presence of sectors that are known, in different theoretical traditions, as “informal”, “marginality”, “popular economy”, etc. This is made with Marxist categories and from the...