In the Spring 1998 (56(1): 47-57) and Fall 1998 (56(3): 295-306, 307-310) issues of this review, Howard Sherman and Geoffrey Hodgson debated, inter alia , the extent to which Veblen-Ayres institutionalism is compatible with Marx and recent Marxist work. This paper argues that the differences...

The purpose of this work is to contribute to a critical analysis of what has been called 21st century socialism. Socialist regimes of the 20th century distorted the theoretical Marxian economic model partly because of the impossibility of socialist economic calculation. Allin Cottrell and Paul...

Purpose: This critique of Piketty's Capital in the Twenty-First Century summarizes and comments on the main tenets of the author's principal theory. Our aim is to point out the book's contributions to critical debate around social and economic issues, while giving special emphasis to its...

Two main subjects are dealt with in this paper: the democratic road to socialism in Marx and Engels’s works and, more generally, a feasible transition to a new social order. Starting out from the Marxian definition of revolution as the transition from one production mode to another, the author...

This paper provides a brief overview of economic thinking about the capitalist system. The clash between defenders and detractors highlights the system’s strengths and weaknesses as well as possible improvement vistas. As pro- and anti-capitalist theories are examined and compared against real...

This paper, written in memory of the distinguished Italian economist and philosopher Claudio Napoleoni, discusses the relation between the pre World War One Marxian debate known as the breakdown controversy and the contemporary evolution of Post-Keynesian economics.

The paper first sets out simplified versions of recent mainstream papers which explain the rise of democracy in 19th century Europe and its instabliity in Latin America. Then it attempts to convince Marxists of the importance of these works for Marxist thought.

:  Recently a number of articles have appeared in the mainstream that deal with the economy in terms of class and exploitation. This paper sets out two of them in a simplified maner and explains why they may be of interest to left wing Latin American economists.

It is argued in this paper that the effect of the Marxist thought on Brazilian education was a process heavily determined by a peculiar set of historic circumstances. The main context was the struggle against the military dictatorship and in favour of the democratisation of society, conditioning...