Téléchargez le livre : Energy Rents and Income Distribution

Energy Rents and Income Distribution

Are Wages and Profits Legitimate?

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Éditeur :

Palgrave Macmillan


Paru le : 2025-10-18



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Description

This book explores into the dynamics of income distribution, challenging the established approaches of 19th-century political economist Karl Marx and 21st-century economist Thomas Piketty. Re-examinining the foundational principles of wealth creation through the lens of physical sciences, particularly mechanics, thermodynamics, and kinetics, Bernard C. Beaudreau argues that energy, rather than labor or capital, drives material processes and the accumulation of wealth. 

In the book, Beaudreau critiques current distribution theories, highlighting their connections to the basic laws of physics. He introduces the energy-organization approach, positing that labor and capital are organizationally productive rather than physically productive. This perspective can be used to observe income distribution as they connect to energy rents, which are the returns to energy after accounting for its costs. The book touches on globalization, presenting this approach as a form of energy rent seeking rather than a result of comparative advantage. Beaudreau proposes alternative systems for distributing energy rents and examines their implications for the legitimacy of wages and profits. 

Integrating scientific principles with economic theory, this book offers a unique approach to conversations surrounding income inequality.
Pages
168 pages
Collection
n.c
Parution
2025-10-18
Marque
Palgrave Macmillan
EAN papier
9783032058614
EAN PDF
9783032058621
Informations sur l'ebook
Nombre pages copiables
1
Nombre pages imprimables
16
Taille du fichier
3963 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
Prix
42,19 €
EAN EPUB
9783032058621
Informations sur l'ebook
Nombre pages copiables
1
Nombre pages imprimables
16
Taille du fichier
1915 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
Prix
42,19 €

Bernard C. Beaudreau is Professor in the Department of economics at Université Laval in Québec, Canada. He is the author of The Economics of Speed (2019).

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