The purpose of this paper is to develop a testable theory, the interaction thesis, capable of explaining why do we observe differences in economic stability and growth rates between various countries; or - the same thing - why less efficient countries do not duplicate economic policies of more...

Intro -- Contents -- Preface -- 1. The Questions, and the Standards a Satisfactory Answer Must Meet -- 2. The Logic -- 3. The Implications -- 4. The Developed Democracies Since World War II -- 5. Jurisdictional Integration and Foreign Trade -- 6. Inequality, Discrimination, and Development -- 7....

"This volume analyses contemporary capitalism and its crises based on a theory of capitalist evolution known as the social structure of accumulation (SSA) theory. It applies this theory to explain the severe financial and economic crisis that broke out in 2008 and the kind of changes required to...