2015 | OriginalPaper | Chapter
The Sigma Society
Author : Adolfo Figueroa
Published in: Growth, Employment, Inequality, and the Environment
Publisher: Palgrave Macmillan US
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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.