The Quality of Society, Volume II
Essays on the Unified Theory of Capitalism
(Sprache: Englisch)
This book articulates a unified theory of capitalism as an attempt to provide a comprehensive scientific theory of this social system. A unified theory of capitalism is not the combination of the predominant economic theories-neoclassical, classical, and...
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Klappentext zu „The Quality of Society, Volume II “
This book articulates a unified theory of capitalism as an attempt to provide a comprehensive scientific theory of this social system. A unified theory of capitalism is not the combination of the predominant economic theories-neoclassical, classical, and Keynesian-so as to make them compatible. It is not a composite economic theory. It is a new economic theory. Predictions of the theory's models were consistent with eight basic empirical regularities of capitalism dealing with economic growth, income inequality, employment level, and environment degradation. Therefore, the unified theory can be accepted as a good approximation of the real capitalist world. But the models were constructed at a high level of abstraction. Also problematic was the need to work out more fully the public policy implications of the theory. It is, therefore, no wonder that essays on the unified theory to answer these questions are a natural outcome of a new scientific endeavor attempting to reach a unity of knowledge in economics.
Inhaltsverzeichnis zu „The Quality of Society, Volume II “
PrefaceAcknowledgements
Contents
1. Introduction To Unified Theory Of Capitalism
Foundations And Findings
Unified Theory Of Capitalism Vs Prevailing Economic Theories
References
2. Scientific Economic Laws Of Capitalism
Science Is Epistemology
Beta-Propositions As Economic Laws
Equilibrium Laws
Causality Laws
Internalizing Physics And Biology Into Economic Process
On The "Law Of Supply And Demand"
The Nature Of Scientific Laws In Economics
Unified Theory Of Capitalism Vs Standard Economics
The Engineering Of Economics
Conclusions
References
3. European Colonialism And Capitalist Development
The Old World And The New World
A Brief History Of European Colonialism
Colonialism And The Capitalist Divide
Some Regional Differences
The Collapse Of European Colonialism
Conclusions
Appendix: European Colonial Legacy In Third World Countries
References
4. Hobsbawm's Question On Peasantry
Andean Peasant Economy: The Geographical And Social Context
Peasant Farming Vs Capitalist Farming In The Andean Highlands
A Static Sigma Model Of The Andean Peasant Economy
A Dynamic Model
An Evolutionary Model: From Peasant To Wage Labor
From Peasant To Part-Time Peasant
The Effect Of Climate Change
The Effect Of Growth In Illegal Activities
Answering Hobsbawm and Amending The Standard Theories
Conclusions
References
5. On Economic Behavior of Workers
Standard Theories of Consumer Behavior
Human Drives in Workers Behavior
A Static Model
A Dynamic Model
Confronting Predictions with
... mehr
Facts
Conclusions
References
6. Market Prices In The Anthropocene Age
Markets Under Neoclassical Theory
Pricing of Exhaustible Natural Resources: Its Refutation
Pricing of Exhaustible Natural Resources under Unified Theory of Capitalism
Extraction Costs vs Degradation Costs
Markets Under Unified Theory of Capitalism
Market System as Institution of Capitalism
Conclusions
References
7. Inequality, Power Relations, And Democracy
Unified Theory of Capitalism: How It Explains The Real World
Economic Growth as Evolutionary Process
Why Inequality Under Capitalism is Not Self-Regulating
The Global Capitalist System as a Sigma Society
Theory and Facts Confrontations
Lessons from History
Conclusions
Appendix: Income Inequality is Higher in Sigma than in Epsilon Societies
References
8. Toughest Challenge Of Economics: Human Society Isn't Immortal
Risks of Human Society Collapse
Economic Growth Process is Evolutionary, Not Mechanical
Economic Growth in The Global Capitalist System
A Collapse Model of Unified Theory
Deriving New Public Policies
Technological Innovations
Endosomatic vs Exosomatic Ways of Life
Meta-Policies to Change Public Policies
Workers Democracy: Its Requirements
Covid-19 Pandemic as First Warning of Collapse
Conclusions
References
List of Tables
Author Index
Countries Index
Subjetc Index
Conclusions
References
6. Market Prices In The Anthropocene Age
Markets Under Neoclassical Theory
Pricing of Exhaustible Natural Resources: Its Refutation
Pricing of Exhaustible Natural Resources under Unified Theory of Capitalism
Extraction Costs vs Degradation Costs
Markets Under Unified Theory of Capitalism
Market System as Institution of Capitalism
Conclusions
References
7. Inequality, Power Relations, And Democracy
Unified Theory of Capitalism: How It Explains The Real World
Economic Growth as Evolutionary Process
Why Inequality Under Capitalism is Not Self-Regulating
The Global Capitalist System as a Sigma Society
Theory and Facts Confrontations
Lessons from History
Conclusions
Appendix: Income Inequality is Higher in Sigma than in Epsilon Societies
References
8. Toughest Challenge Of Economics: Human Society Isn't Immortal
Risks of Human Society Collapse
Economic Growth Process is Evolutionary, Not Mechanical
Economic Growth in The Global Capitalist System
A Collapse Model of Unified Theory
Deriving New Public Policies
Technological Innovations
Endosomatic vs Exosomatic Ways of Life
Meta-Policies to Change Public Policies
Workers Democracy: Its Requirements
Covid-19 Pandemic as First Warning of Collapse
Conclusions
References
List of Tables
Author Index
Countries Index
Subjetc Index
... weniger
Autoren-Porträt von Adolfo Figueroa
Adolfo Figueroa holds a Ph.D. degree in economics from Vanderbilt University, USA. He is a Professor Emeritus of Economics at the Catholic University of Peru. He has published several books with Palgrave: The Quality of Society, Economics of the Anthropocene Age, Rules for Scientific Research in Economics, and Growth, Employment, Inequality, and the Environment. During his distinguished academic career, Figueroa served as a visiting professor at American, European, and Latin American universities. And he participated in several international collaborative research projects (at the University of Oxford, University of Wisconsin-Madison, and other institutions). As a professional economist, he worked as consultant to several international organizations (including the World Bank, ILO, UNDP, FAO, and IFAD), doing fieldwork in Africa, Asia, and Latin America.
Bibliographische Angaben
- Autor: Adolfo Figueroa
- 2022, 1st ed. 2021, XIX, 230 Seiten, Masse: 14,8 x 21 cm, Kartoniert (TB), Englisch
- Verlag: Springer, Berlin
- ISBN-10: 3030795675
- ISBN-13: 9783030795672
Sprache:
Englisch
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