Published on jacobin.org with Güney Işıkara. You can download a PDF version of the blog.

“Heretics always remain tied to the church. To break out, what you do is nail your theses on the door, turn around and develop your own framework.” Most students of Anwar Shaikh, including the coauthors of this piece, will have heard this bold statement in his classes.

As one of the most important radical economists, Shaikh has not only advanced fierce criticisms of mainstream economic theory’s dogmas but also provided his own consistent framework with which to analyze capitalism, grounded in the works of classical political economists and especially Karl Marx.