Capitalism: Competition, Conflict, Crises — Professor Anwar Shaikh | SOAS University of London

Taking Sides

Published on Oct 20, 2016


This event titled “Capitalism: Competition, Conflict, Crises” was presented by Anwar Shaikh and was held as part of the Development Studies Seminar Series at SOAS University of London on 11 October 2016.

You can find out more about this event at

This lecture attempts to show that one can explain these and many other observed patterns as results of intrinsic forces that shape and channel outcomes. Social and institutional factors play an important role, but at the same time, the factors are themselves limited by the dominant forces arising from “gain-seeking”; behaviour, of which the profit motive is the most important. These dominant elements create an invisible force field that shapes and channels capitalist outcomes. The approach of this book is very different from that of both orthodox economics and the dominant elements in the heterodox tradition.

There is no reference whatsoever…

View original post 122 more words

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s