Unholy Trinity: Labor, Capital and Land in the New Economy

1st Edition

Duncan K. Foley

Routledge
Published December 1, 2009
Reference - 98 Pages
ISBN 9780415780209 - CAT# Y106982
Series: The Graz Schumpeter Lectures

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Summary

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.

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