1st Edition

Alternative Theories of Competition Challenges to the Orthodoxy

Edited By Jamee K. Moudud, Cyrus Bina, Patrick L. Mason Copyright 2013
382 Pages 32 B/W Illustrations
by Routledge

360 Pages 32 B/W Illustrations
by Routledge

352 Pages
by Routledge

The history of policymaking has been dominated by two rival assumptions about markets. Those who have advocated Keynesian-type policies have generally based their arguments on the claim that markets are imperfectly competitive. On the other hand laissez faire advocates have argued the opposite by claiming that in fact free market policies will eliminate "market imperfections" and reinvigorate... Read more

Foreword by John Weeks  Introduction: The Search for an Alternative  1. "The Fallacy of Competition: Markets and the Movement of Capital"  2. "The Hidden History of Competition and its Implications"  3. "Synthetic Competition, Global Oil, and the Cult of Monopoly"  4. "Catallactic Competition, Business Organization, and Market Order"  5. "Schumpeterian Competition"  6. "The Theory of Innovative Enterprise: Methodology, Ideology, and Institutions"  7. "Competition, Going Enterprise, and Economic Activity"  8. "Sraffa, the General Rate of Profit, and the Theory of the Firm: A Conjectural Approach"  9. "Explaining Long Term Exchange Rate Behavior in the United States and Japan"  10. "Components of Differential Profitability in a Classical/Marxian Theory of Competition: A Case Study of Turkish Manufacturing"  11. "Classical Competition and Regulating Capital: Theory and Empirical Evidence"  12. "Are Mega-Corps Competitive? Some Empirical Tests of Business Competition"

Biography

Patrick L. Mason, Jamee K. Moudud, Cyrus Bina