Coverart for item
The Resource Capitalism : competition, conflict, crises, Anwar Shaikh

Capitalism : competition, conflict, crises, Anwar Shaikh

Label
Capitalism : competition, conflict, crises
Title
Capitalism
Title remainder
competition, conflict, crises
Statement of responsibility
Anwar Shaikh
Title variation
Competition, conflict, crises
Creator
Author
Subject
Language
eng
Summary
"Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text"--Jacket
Cataloging source
DLC
http://library.link/vocab/creatorName
Shaikh, Anwar
Dewey number
330.12/2
Illustrations
illustrations
Index
index present
LC call number
HB501
LC item number
.S5696 2016
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Capitalism
  • Competition
  • Capitalism
  • Competition
Label
Capitalism : competition, conflict, crises, Anwar Shaikh
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 913-950) and indexes
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • pt. II.
  • Real competition.
  • The theory of real competition
  • Debates on perfect and imperfect competition
  • Competition and inter-industrial relative prices
  • Competition, finance, and interest rates
  • International competition and the theory of exchange rates
  • pt. III.
  • Turbulent macro dynamics.
  • The rise and fall of modern macroeconomics
  • pt. I.
  • Classical macro dynamics
  • The theory of wages and unemployment
  • Modern money and inflation
  • Growth, profitability, and recurrent crises
  • Summary and conclusions
  • Foundations of the analysis.
  • Introduction
  • Turbulent trends and hidden structures
  • Micro foundations and macro patterns
  • Production and costs
  • Exchange, money, and price
  • Capital and profit
Control code
ocn918879028
Dimensions
25 cm
Extent
xxxv, 979 pages
Isbn
9780199390632
Lccn
2015034905
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
System control number
(OCoLC)918879028
Label
Capitalism : competition, conflict, crises, Anwar Shaikh
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 913-950) and indexes
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • pt. II.
  • Real competition.
  • The theory of real competition
  • Debates on perfect and imperfect competition
  • Competition and inter-industrial relative prices
  • Competition, finance, and interest rates
  • International competition and the theory of exchange rates
  • pt. III.
  • Turbulent macro dynamics.
  • The rise and fall of modern macroeconomics
  • pt. I.
  • Classical macro dynamics
  • The theory of wages and unemployment
  • Modern money and inflation
  • Growth, profitability, and recurrent crises
  • Summary and conclusions
  • Foundations of the analysis.
  • Introduction
  • Turbulent trends and hidden structures
  • Micro foundations and macro patterns
  • Production and costs
  • Exchange, money, and price
  • Capital and profit
Control code
ocn918879028
Dimensions
25 cm
Extent
xxxv, 979 pages
Isbn
9780199390632
Lccn
2015034905
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
System control number
(OCoLC)918879028

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