Capitalism : competition, conflict, crises / Anwar Shaikh.

Format:

Book

Author/Creator:

Shaikh, Anwar, author.

Language:

English

Subjects (All):

Capitalism.

Competition.

Physical Description:

1 online resource (1019 p.)

Place of Publication:

New York, NY : Oxford University Press, 2016.

Language Note:

English

Summary:

In Capitalism, Anwar Shaikh demonstrates that most of the central propositions of economic analysis can be derived without any reference to hyperrationality, optimization, perfect competition, perfect information, representative agents or so-called rational expectations.

Contents:

Cover; Contents; List of Figures; List of Tables; Preface and Acknowledgments; Part I Foundations of the Analysis; 1 Introduction; I. The Approach of the Book; 1. Order and disorder; 2. Neoclassical response to the real duality; 3. Keynesian and post-Keynesian response to the real duality; 4. Different purpose of this book; II. Outline of the Book; 1. Part I: Foundations of the analysis (chapters 1-6); 2. Part II: Real competition (chapters 7-11); 3. Part III: Turbulent macro-dynamics (chapters 12-17); 2 Turbulent Trends and Hidden Structures; I. Turbulent Growth

II. Productivity, Real Wages, and Real Unit Labor CostsIII. The Rate of Unemployment; IV. Prices, Inflation, and the Golden Wave; V. The General Rate of Profit; VI. Turbulent Arbitrage; VII. Relative Prices; VIII. Convergence and Divergence on a World Scale; IX. Summary and Conclusions; 3 Micro Foundations and Macro Patterns; I. Introduction; II. Micro Processes and Macro Patterns; 1. Representing individual human behavior; 2. Representing aggregate behavior; 3. Aggregate relations, micro foundations, and the question of rigor

III. Shaping Structures, Economic Gradients, and Aggregate Emergent Properties1. Analytical framework for robust microeconomics; 2. Downward sloping demand curves; 3. Income elasticities and Engel's Law; 4. Aggregate Consumption and Savings Functions; 5. Simulations: Insensitivity of aggregate relations to micro foundations; IV. Methodology For Economic Analysis; V. Turbulent Gravitation; 1. Equilibration as a turbulent process versus equilibrium as an achieved state; 2. Statics, dynamics, and growth cycles; 3. Differences in the temporal dimensions of key economic variables

VI. Summary and Central Implications4 Production and Costs; I. Introduction; II. Production in Economic Theories; 1. Circulating versus fixed investment; 2. Classical and conventional national accounts; 3. Production and non-production labor; III. Production Relations Versus Production Functions; 1. Structural and temporal dimensions of production; 2. Social and historical determinants of the length and intensity of the working day; 3. Empirical evidence on the relations between work conditions and labor productivity; IV. Production at the Level of a Firm

1. Work conditions and ''re-switching'' along the microeconomic production possibilities frontier2. Output and production coefficient under socially determined work conditions; V. Cost, Prices, and Profits; 1. Assumed shapes of cost curves in neoclassical, neo-Ricardian, and post-Keynesian theories; 2. Cost curves under general conditions of the labor process; 3. Implications of general cost curves for various economic arguments; VI. Empirical Evidence on Cost Curves; 5 Exchange, Money, and Price; I. Introduction; II. The origins of modern money; 1. Money commodities; 2. Coins

3. Money tokens

Notes:

Description based upon print version of record.

Includes bibliographical references and indexes.

Description based on print version record.

ISBN:

0-19-029834-0

0-19-939066-5

0-19-939065-7