1st Edition

Unholy Trinity Labor, Capital and Land in the New Economy

By Duncan K. Foley Copyright 2003
    110 Pages
    by Routledge

    112 Pages
    by Routledge

    Many of the central results of Classical and Marxian political economy are examples of the self-organization of the capitalist economy as a complex, adaptive system far from equilibrium.
    An Unholy Trinity explores the relations between contemporary complex systems theory and classical political economy, and applies the methods it develops to the problems of induced technical change and income distribution in capitalist economies, the control of environmental externalities such as global warming and the stabilization of the world population.
    The arguments and methods of this important book address central problems both of economic science and economic policy and provide fresh paths for theoretical exploration.

    Part I - Complexity and Political Economy Part II - Innovation and Distribution Part III - Global Warming Part IV - Population Part V - Concluding Observations


    Duncan K. Foley

    "This neat volume is a provocative piece of thoughtful writing that delves deeply into some of the most difficult problems in economic theory. It is a fully worthy piece indeed"J. Barkley Rosser, Jr. James Madison University, USA.