Full Description
This book contains another set of essays dealing with the fundamental economic problems of our time: inequality, environment degradation, and social disorder, which are analyzed in light of the unified theory of capitalism. This theory is a scientific endeavor that seeks to explain the capitalist system taken by parts and then taken as a whole, as a unified theory. By parts, the theory analyzes the First World and the Third World and also the short run, long run, and very long run economic processes, showing why and how economic growth has led to a new epoch, with ecological equilibrium disruption, known as the Anthropocene Age. The empirical predictions of the theory are proven to be consistent with the available facts. Therefore, the theory can be accepted as a good representation of the real-world capitalism; moreover, its derived causality relations become inputs for the debate on the needed science-based policies for the new age. Indeed, this book proposes structuralpolicies to change the way capitalism operates, through changes in its basic institutions, mainly the electoral democracy, which would certainly imply a re-foundation of the capitalist system.
Contents
Chapter 1. Introduction.- Chapter 2. Science is epistemology and economics is too.- Chapter 3. Economics of electoral democracy.- Chapter 4. Labor market Singularities.- Chapter 5. Biological and social factors of income inequality.- Chapter 6. Fiscal policy and income inequality.- Chapter 7. Inequality and illegal international markets: The case of cocaine.- Chapter 8. Social change question in today's capitalism.- Chapter 9. Quality of society and the Anthropocene age.- Chapter 10. Planning through markets in the Anthropocene age.- Appendix.
