The Sigma Society

Adolfo Figueroa

Chapter Chapter 6 in Growth, Employment, Inequality, and the Environment, 2015, pp 127-150 from Palgrave Macmillan

Abstract: Abstract In epsilon and omega societies, individuals are homogeneous in every respect, except in their endowments of economic assets. Political entitlements are equally distributed between individuals; hence, these societies are socially homogeneous. Now consider a capitalist society in which political entitlements are unequally distributed leading to first-class and second-class citizens. This chapter will present an abstract heterogeneous capitalist society, called sigma society. This theory aims at explaining production and distribution in the Third World countries that have strong colonial legacy.

Keywords: Labor Market; Wage Rate; Sigma Model; Money Supply; Marginal Productivity (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-50267-4_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137502674

DOI: 10.1057/9781137502674_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().