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Comparative analysis of different heterodox interpretations about the end of the “Golden Age” of Western capitalism

Luciano Alencar Barros () and Carlos Pinkusfeld Bastos ()

Brazilian Journal of Political Economy, 2025, vol. 45, issue 1, 144-163

Abstract: This paper aims to contribute to the understanding, in the field of heterodoxy, ofthe end of the Golden Age of Western capitalism. In this regard, this object is examinedthrough a comparative analysis of three different theoretical approaches, which have in commonthe adoption of the Principle of Effective Demand and the influence of Marx’s framework:the regulation school and the neo-Kaleckian and Sraffian approaches. JEL Classification: B22; E11; P16.

Keywords: Golden Age; political economy; Kalecki; regulation school; Sraffa (search for similar items in EconPapers)
Date: 2025
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