A New Theory of Market and Capitalism

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  • A New Theory of Market and Capitalism Book Detail

  • Author : Anatoliy Zhelezniak
  • Release Date : 2021-11-12
  • Publisher : Cambridge Scholars Publishing
  • Genre : Business & Economics
  • Pages : 180
  • ISBN 13 : 1527577376
  • File Size : 54,54 MB

A New Theory of Market and Capitalism by Anatoliy Zhelezniak PDF Summary

Book Description: This book presents a new theory of market and capitalism, detailing its key moments and general logic. It is based on the distinction between two market types: the simple commodity market and the capitalist one. In contrast to what is usually uncritically accepted, disequilibrium and “imperfect competition” are admitted here to be a functional norm of the capitalist market. The book also shows that equilibrium and “perfect competition” are admitted to be a functional anomaly, with crises considered as the result of such an anomaly. It details the general principles and concrete measures of crisis-proof policies and behavior.

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