Download A Unified Theory of Capitalist Development (Enlarged and by Adolfo Figueroa PDF

By Adolfo Figueroa

Centuries of financial development have proven that the capitalist approach is
technologically very revolutionary; socially, in spite of the fact that, it isn't so. Inequality is certainly one of the
persistent beneficial properties of global capitalism. Why does the capitalist process function in this
The present paradigm in economics has made major development in explaining
capitalism; although, there are a few proof that the paradigm can't clarify, because it will be
shown during this ebook. the present paradigm could be outlined because the rules that are
contained within the collage textbooks which are utilized in economics classes round the
world; as a result, its effect on public regulations is gigantic. these rules are
based on neoclassical and Keynesian monetary theories, one for the long term and the
other for the fast run research of capitalism. either theories might be known as standard
economics during this book.
This e-book provides a brand new monetary conception of the capitalist approach. This new
theory can be in a position to clarify the proof that ordinary monetary may also clarify; yet it
will additionally clarify these evidence that ordinary economics cannot.
In order to introduce the reader to this new view progressively, the rules of
the new thought should be offered step-by-step during this creation. This creation may
then be noticeable because the synopsis of a play concerning the nature of social kinfolk in a capitalist
society, in an effort to then be built totally within the book.

Adolfo Figueroa, a Peruvian economist …has written a breathtakingly formidable book.
Physics remains to be suffering to combine in one unified concept the insights of general
relativity and quantum idea. Figueroa goals not just to construct partial types able of
explaining assorted components of the capitalist approach, but additionally a unified version from which
each of those exact circumstances will be derived. The reader must be very
blinkered to not agree that Figueroa is directly to anything very important. Figueroa merits to
be learn, and in an amazing global this e-book could develop into required studying for economics
students in the course of the global.

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Additional resources for A Unified Theory of Capitalist Development (Enlarged and Revised Edition)

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Surely, one can make progress more easily if one is standing on the shoulders of giants, and giants were those who constructed and developed the science of economics up to now. Therefore, the new theory presented in this book will not be fully understood unless the foundations of the received economics are understood. Those foundations are presented in the next chapter. 1. Evolution of Countries to Capitalism, 1500-2010 (1) Western Europe and Japan: Naturalism—Feudalism—Capitalism (2) USA, Canada, Australia, and New Zealand: Settlement—Capitalism (3) Argentina, Costa Rica, Uruguay: Settlement—Capitalism (4) Never were colonized by Europeans (Afghanistan, Ethiopia, Iran, Israel, Singapore, South Korea, Taiwan, Thailand, Turkey): Naturalism— feudalism—Capitalism (5) Most of Africa, Asia, and Latin America: Naturalism—Colonialism— Capitalism (6) Eastern Europe (Ex-Soviet Union, Eastern Europe, Balkans, Mongolia): Naturalism—Feudalism—Communism—Capitalism (7) China: Naturalism—Feudalism—Communism (8) Cuba, Laos, Vietnam: Naturalism—Colonialism—Capitalism—Communism (9) North Korea: Naturalism—Colonialism—Communism Source: Elaborated by the author from Dalziel (2006) and Wesseling (2004).

If all models fail, then the theory fails, as shown above. The study of capitalism that we are going to carry out in this book will utilize the alpha-beta method, which is a particular method of Popperian epistemology, as shown above. Therefore, we have established the rules of scientific knowledge that we are going to apply for rejecting or accepting economic theories that seek to explain capitalism. They will be seen in action in the rest of the book. 1. 2. The Alpha-Beta Method 1 2 1 2 [ 1 b] If 1 = b, If 1 b, [ 2 b] 1 1 is consistent with b and explains reality does not explain reality and is refuted by facts.

An example of the Popperian falsification principle using the alpha-beta method is the following, taken from biology: α: Plants seek to maximize solar energy. β: Then, plants will position their leaves in a particular distribution so as to maximize exposure to sun: each leave collects its share of sun without interfering with other leaves. b: We observe that the leaves of trees form canopies that that type of distribution. The first proposition is one of the alpha-type: it is an assumption and is unobservable.

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