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Capitalism: Competition, Conflict, Crisis

In developing an economic analysis of modern capitalism without any reliance on conventional assumptions of either perfect or imperfect competition. The book is a brave attempt 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" behavior, of which the profit motive is the most important...

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