The Neoliberal Paradox: The Impact of Destructive Product Market Competition and Modern Financial Markets on Nonfinancial Corporation Performance in the Neoliberal Era

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Chapter 11 in Capitalism, Macroeconomics and Reality, 2017, pp 272-304 from Edward Elgar Publishing

Abstract: The essays comprising this collection analyze the deep flaws in the methodological foundation of mainstream economic theory, and explain how these flaws make mainstream economics more ideology than sound social science. James Crotty develops alternative theories built on realistic assumptions that can explain most of the disastrous economic and financial developments of the past four decades. His work contributes to the collective creation of a solid theoretical foundation on which to build an understanding of the ‘laws of motion’ of capitalism in the post WWII era.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (2)

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