Here a nice post about the current trends. The author states:
For a decade or even more and even today the object oriented paradigm has ruled the software development world. In away, and as part of the end of the "one size fits all" paradigm. [...] We also see more pluralism for languages so we get more dynamic languages vs. static typed one and we find a place for functional languages and not just object oriented ones.
After following some links I've recovered this article from infoq - the beauty of Ruby, and this paper from 1984, "Why Functional Programming Matters" , explaining the advantages of functional programming over structured programming. This paper is somehow recurring when we talk about FP - I remember receiving references to it from people like Telmo Felix and André Cardoso.
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