CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

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Towards a theory of change

With the present article the author rounds off the series he began with “A critique of peripheral capitalism” (published in Review No. 1), and continued with “Socio-economic structure and crisis of peripheral capitalism” (No. 6) and “The neoclassical theories of economic liberalism” (No. 7). While in all the preceding articles his main concern was to offer a critical interpretation of the functioning of peripheral capitalism and to show the inability of neoclassical theory to comprehend it in depth, in this one he seeks to trace the lines along which that system should be changed.

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