The Sigma Society: A Dynamic Model

Adolfo Figueroa

Chapter Chapter 5 in Growth, Employment, Inequality, and the Environment, 2015, pp 57-68 from Palgrave Macmillan

Abstract: Abstract As developed in chapter 6 (volume 1), sigma society is an overpopulated and socially heterogeneous capitalist society. People are endowed with unequal amounts of economic assets and also unequal entitlements of political assets. Capitalists own the entire capital stock of society. Workers are endowed with unequal levels of human capital: high and low. Those who have low levels of education are also second-rate citizens; they are called Z-workers. The rest are called X-workers.

Keywords: Human Capital; Income Inequality; Transition Dynamic; National Income; Relative Income (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-50697-9_5

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DOI: 10.1057/9781137506979_5

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