Dissenting economists on competition: from Marx to Anwar Shaikh and the theory of “real competition” (opens in new tab)

Following last week’s introduction, this is the first part of a series on the views of some dissenting economists on competition under capitalism. This week, I consider Anwar Shaikh’s theory of real competition, which draws heavily on Marx. “Real competition is the central regulating mechanism of capitalism.” With these words, Anwar Shaikh introduces his notion […]