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Economics of the Anthropocene Age.

Author: Adolfo Figueroa
Publisher: Cham : Springer International Publishing, 2017.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This book uses Figueroa’s unified theory of capitalism to explain how economic growth has led to a new epoch, the Anthropocene, and it presents a new set of economic principles that are needed in this new age. The policies presented in the book are derived from an empirically corroborated scientific theory. Therefore, this book is unique in its discussion of public policy as the result of scientific knowledge,  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Figueroa, Adolfo.
Economics of the Anthropocene Age.
Cham : Springer International Publishing, ©2017
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Adolfo Figueroa
ISBN: 9783319625843 3319625845
OCLC Number: 1002697612
Description: 1 online resource (292 pages)
Contents: Preface; Book Content; Book Readership; Acknowledgments; Contents; List of Figures ; List of Tables ; Chapter 1: Economic Growth with Social Maladies; Empirical Regularities of Capitalism: Growth, Inequality, and the Environment; Science Is Epistemology; The Unified Theory of Capitalism: Primary Assumptions; An Evolutionary Model (I) of Unified Theory; Empirical Consistency; Conclusions; References; Chapter 2: Power Structure and Democracy; The Standard Economic Theory of Electoral Democracy; Electoral Democracy in a Small Society of Equals; A Theoretical Model of Electoral Democracy. Political Behavior in the Election ProcessPolitical Behavior of the Elected Government; General Equilibrium Under Capitalism with Electoral Democracy; Empirical Consistency; The Corruption Question; Institutional Innovations in the Democratic System; Conclusions; References; Chapter 3: Evolutionary Human Behavior; A Biological Theory of Human Behavior; A New Evolutionary Model (II) of Unified Theory; The Role of Institutions: Market and Democracy; What Is the Role of Electoral Democracy?; Empirical Refutation of the Evolutionary Model II; Conclusions; References. Chapter 4: Consumerism in the Economic Growth ProcessThe Standard Consumer Model; Lexicographic Preferences and Hierarchy of Human Needs; A New Consumption-Saving Theory; A Dynamic Model of the RLS Theory; Predictions of the Dynamic Model; Back to Unified Theory: A New Evolutionary Model (III); Is Consumerism Irrational Behavior?; Consumer Sovereignty Doctrine: An Epistemological Critique; Conclusions; References; Chapter 5: Individual Freedom and the Common Good; The Common Good: An Analytical Definition; Market Competition and the Common Good; No Man Is an Island; Freedom from What? Freedom for What?Institutions as Mechanisms of Power Relations; Conclusions; References; Chapter 6: Anthropocene Age Economics; The Fundamental Problem of Our Time; Quality of Society: A Final Evolutionary Model (IV) of the Unified Theory; Changing the Trajectory with Public Policies; Empirical Consistency; Institutional Innovations; Comparative Public Policies; Conclusions; Appendix: The Evolutionary Model IV; References; Chapter 7: New Economic Principles for the Anthropocene Age; Global Problems Need Global Government; No Growth Implies Income Redistribution. No Growth Implies Breaking the Link Between Income and EmploymentNo Growth Implies Developing Meta-Innovations; The Economic Process Under the New Institutions; Endosomatic Versus Exosomatic Ways of Life; References; Chapter 8: Epilogue; Reference; Index.

Abstract:

This book uses Figueroa’s unified theory of capitalism to explain how economic growth has led to a new epoch, the Anthropocene, and it presents a new set of economic principles that are needed in this new age. The policies presented in the book are derived from an empirically corroborated scientific theory. Therefore, this book is unique in its discussion of public policy as the result of scientific knowledge, rather than based on ideology or private interests. In the new epoch we have entered, man is now the main factor in the fate of the Earth, and in social terms, the Anthropocene age also implies a period of high and persistent income inequality in the capitalist system, with the consequence of social disorder. Figueroa considers these conditions and addresses fundamental problems of our time, such as the ideal organization of production and distribution, and the functionality of a zero-growth society. Standard economics would approach these problems under the assumption that we still live in the Holocene age, but in this book, Figueroa both explains and develops new economic principles for this new context.

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