This paper investigates the standard economic paradigm as to the possibility for the agents to become revolutionaries, i.e., to develop the desire and effective action to overturn the prevailing social order. We take our cue from Amartya Sen’s remark that the Second Fundamental Theorem of...

Our discussion will proceed in three parts. In section 1, we set out what we believe to be the canonical view of fair competition which underlies most defences of competition as a fair and efficient procedure. In section 2, we challenge this canonical view and argue that the fundamental dynamics...