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Новая Теория Рынка И Капитализма. В 3-Х Частях. Часть 3. Капитализм
[A New Theory of Market and Capitalism. In three parts. Part 3. Capitalism]

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  • Zheleznyak, Anatoliy

Abstract

A new heterodox theory of capitalism is suggested. Its key moments and general logic are presented. Capitalism is considered as a special case of market, as its higher form. Disequilibrium and "imperfect competition" are admitted to be a functional norm of capitalism. Respectively, an equilibrium and "perfect competition" are admitted to be a functional anomaly; crises are considered as the result of such an anomaly. General principles and concrete measures of crisis-proof policy and crisis-proof behavior are suggested. Comparison with alternative theories is made.

Suggested Citation

  • Zheleznyak, Anatoliy, 2014. "Новая Теория Рынка И Капитализма. В 3-Х Частях. Часть 3. Капитализм [A New Theory of Market and Capitalism. In three parts. Part 3. Capitalism]," MPRA Paper 60970, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:60970
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    File URL: https://mpra.ub.uni-muenchen.de/60970/1/MPRA_paper_60970.pdf
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    References listed on IDEAS

    as
    1. Anatoliy M. Zheleznyak, 2015. "A New Theory of Capitalism: Key Moments and General Logic," Eastern European Business and Economics Journal, Eastern European Business and Economics Studies Centre, vol. 1(1), pages 28-45.
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      Keywords

      Theory of capitalism; capitalism; profit; equilibrium (balance); disequilibrium (imbalance); perfect competition; imperfect competition; monopoly; crisis; crisis-proof policy; crisis-proof behaviour;

      JEL classification:

      • A10 - General Economics and Teaching - - General Economics - - - General
      • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
      • D00 - Microeconomics - - General - - - General
      • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
      • E00 - Macroeconomics and Monetary Economics - - General - - - General
      • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
      • P10 - Economic Systems - - Capitalist Systems - - - General

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