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This book explores the policy implications of the unified theory of capitalism-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 unified theory of capitalism has been published as a new scientific endeavor, attempting to present new economics for the Anthropocene age that are empirically verifiable and fully consistent with the physical sciences.
This book elaborates on the implications of the unified theory for both the science of economics and for public policies. In particular, this book develops in more detail the policy implications, discussing the fundamental economic and societal policy issues of our time-employment, inequality, the environment, and quality of life-in empirical terms.
List of contents
1. Introduction.- 2. Unified Theory of Capitalism: An Overview.- 3. Science is Epistemology.- 4. Path Dependence and the Economic Process.- 5. Population and the Quality of Society.- 6. Unified Theory of Capitalism and Bio-economics.- 7. Individualism in the Anthropocene Age.- 8. Science-Based Public Policies.- 9. Redistribution through Labor Markets.- 10. Epilogue: Old and New Economics.
About the author
Adolfo Figueroa is Professor Emeritus of Economics at Pontifical Catholic University of Peru. He is the author of three previous books with Palgrave Macmillan: Growth, Employment, Inequality, and the Environment (2015); Rules for Scientific Research in Economics (2016); and Economics of the Anthropocene Age (2017).
Summary
This book explores the policy implications of the unified theory of capitalism—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 unified theory of capitalism has been published as a new scientific endeavor, attempting to present new economics for the Anthropocene age that are empirically verifiable and fully consistent with the physical sciences.
This book elaborates on the implications of the unified theory for both the science of economics and for public policies. In particular, this book develops in more detail the policy implications, discussing the fundamental economic and societal policy issues of our time—employment, inequality, the environment, and quality of life—in empirical terms.
