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Ecos de Economía

Print version ISSN 1657-4206

Abstract

ISIDRO LUNA, Víctor Manuel. Poverty in Capitalism. Why is it Persisting Today?. ecos.econ. [online]. 2013, vol.17, n.37, pp.83-107. ISSN 1657-4206.

The purpose of this paper is to provide elements to reflect on the way poverty is nowadays conceptualized and on its causing factors. This paper discusses that a classic-neoclassical frame of reference cannot explain the persistence or increase of poverty in today's developed countries. This article suggests that through a Marxist historic-descriptive and theoretical-logical method it may be possible to gain understanding about poverty in capitalism and its current evolution.

Keywords : Poverty; the United States; Europe; classic; neoclassic; Marx.

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