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Anwar Shaikh’s Analysis of Capitalism Is Vital for the Left
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Jacobin
Anwar Shaikh’s Analysis of Capitalism Is Vital for the Left
Most economists assume that when workers with similar skills earn very different pay, something must be blocking normal competition. But for Howard Botwinick, capitalist competition itself creates those gaps. His book , first published in 1993 and reissued in 2017, shows how the everyday workings of capitalism split the working class into better- and worse-paid groups — no monopoly power required.Persistent Inequalit…
9 Oct, 13:58
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