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Comparison of Marxism and institutionalism.

From: Journal of Economic Issues  |  Date: 3/1/1994  |  Author: Dugger, William M.; Sherman, Howard J.

It is our view that Marxism and institutionalism have much in common--and that it is useful in the United States to stress the common ground among all critical economists. We also recognize that there are different viewpoints within each of these paradigms. There are liberal and radical institutionalists, but there are also official and independent, critical Marxists. By official Marxism, we mean that version of Marx that was held by the Soviet Union and all of the Communist parties ...

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