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Capitalism: Competition, Conflict, Crises

By Anwar Shaikh
eBook
$24.99
By Anwar Shaikh
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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 ...

Categories

BusinessEconomicsEconomic ConditionsEconomic SystemsEconomic Conditions - General & MiscellaneousCapitalism