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 theoriesneoclassical, classical, and Keynesianso 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 aunity of knowledge in economics.

Presents a more historical companion volume to the author's larger project Explains the persistence of inequality both within countries and between them Highlights how capitalism depletes natural resources and pollutes the natural environment

Autorentext

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.

Inhalt
Preface.- Acknowledgements.- Contents.- Chapter 1Introduction To Unified Theory Of Capitalism.- Chapter 2Scientific Economic Laws Of Capitalism.- Chapter 3European Colonialism And Capitalist Development.- Chapter 4Hobsbawm's Question On Peasantry.- Chapter 5On Economic Behavior of Workers.- Chapter 6Market Prices In The Anthropocene Age.- Chapter 7Inequality, Power Relations, And Democracy.- Chapter 8Toughest Challenge Of Economics: Human Society Isn't Immortal.- Conclusions.- References.- Author IndexCountries IndexSubject Index.