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Notes on Anwar Shaikh`s „Capitalism: Competition, Conflict, Crises“

Marxist economist Anwar Shaikh has written a monumental book. His thousand-plus page work Capitalism. Competition, Conflict, Crises is anything but a textbook and presupposes a basic knowledge of neoclassicism, Keynesianism and Marxist theory. It is also enriched with a sophisticated […]

Notes on Anwar Shaikh`s „Capitalism: Competition, Conflict, Crises“

ON MARX’S CRISIS THEORY IN THE ORIGINAL MANUSCRIPT OF THE 3RD VOLUME OF CAPITAL

The notion of capital overaccumulation, as constructed by Marx in Volume 3 of Capital on the basis of his “preliminary definition” of “absolute overproduction”, is considered in this paper as the key element of Marx’s crisis theory. Following what the

ON MARX’S CRISIS THEORY IN THE ORIGINAL MANUSCRIPT OF THE 3RD VOLUME OF CAPITAL

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