The Quality of Society, Volume II

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The book presents a novel economic theory of capitalism, distinct from existing theories like neoclassical, classical, and Keynesian. It offers a unified framework that aligns with eight empirical regularities related to economic growth, income inequality, employment, and environmental degradation. While the theory provides valuable insights, its high level of abstraction raises questions about practical public policy implications. The author encourages further exploration through essays that address these challenges, aiming for a cohesive understanding of economics.