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Most of us know there are some things seriously wrong with the economy. The wealth all concentrates at the top, while most of us are finding it harder and harder to get good jobs, and afford our groceries, bills, and housing. And so often, when we bring these problems up, the "solution" we're offered is that the economy just needs "more competition".
Competition is what a capitalist economy is built on, so when things aren't working out in ways that we can actually tolerate, people tend to jump to the conclusion that there's something wrong with the competition that we need to fix. But competition right now is doing exactly what we should expect it to do -- and that's the problem.
One Way Street takes a hard look at economics and how most of the economics field can't actually address the real problems we're facing in the economy because their analysis starts from a position so broken and detached from reality that they can't recover and provide any useful answers, only excuses. So hop in and join us on a trip to find some real answers by finding a real framework we can actually use to analyze our problems. Our driver is Anwar Shaikh, an economist whose framework is exactly the kind of roadmap we need to do real analysis and come up with real solutions.
As Shaikh says, competition isn't a dance, its a war. The winners tend to destroy their competitors and reshape the market and the world in their image. By understanding this, we free ourselves from the dogma of mainstream economics and give ourselves a chance to reroute ourselves towards an economy that we actually want to live in.
You can find a full semester worth of Anwar Shaikh's master's course surveying his groundbreaking book Capitalism: Competition, Conflict, Crises here:
https://www.youtube.com/playlist?list=PLB1uqxcCESK6B1juh_wnKoxftZCcqA1go
By Most of us know there are some things seriously wrong with the economy. The wealth all concentrates at the top, while most of us are finding it harder and harder to get good jobs, and afford our groceries, bills, and housing. And so often, when we bring these problems up, the "solution" we're offered is that the economy just needs "more competition".
Competition is what a capitalist economy is built on, so when things aren't working out in ways that we can actually tolerate, people tend to jump to the conclusion that there's something wrong with the competition that we need to fix. But competition right now is doing exactly what we should expect it to do -- and that's the problem.
One Way Street takes a hard look at economics and how most of the economics field can't actually address the real problems we're facing in the economy because their analysis starts from a position so broken and detached from reality that they can't recover and provide any useful answers, only excuses. So hop in and join us on a trip to find some real answers by finding a real framework we can actually use to analyze our problems. Our driver is Anwar Shaikh, an economist whose framework is exactly the kind of roadmap we need to do real analysis and come up with real solutions.
As Shaikh says, competition isn't a dance, its a war. The winners tend to destroy their competitors and reshape the market and the world in their image. By understanding this, we free ourselves from the dogma of mainstream economics and give ourselves a chance to reroute ourselves towards an economy that we actually want to live in.
You can find a full semester worth of Anwar Shaikh's master's course surveying his groundbreaking book Capitalism: Competition, Conflict, Crises here:
https://www.youtube.com/playlist?list=PLB1uqxcCESK6B1juh_wnKoxftZCcqA1go