How Labor Powers the Global Economy

Emmanuel Farjoun and Moshé Machover are mathematicians at the Hebrew University of Jerusalem (Israel) and King's College London (United Kingdom). They have a long-standing interest in political economy from a labor economics perspective. They published Laws of Chaos in 1983, a book that developed a probabilistic approach to political economy. David Zachariah is an engineer and has written several articles on political economy.

• 1 Introduction and major propositions.- Part I Foundations.- 2 Production and labor.- 3 Probabilistic framework.- 4 Labor content – properties and postulates.- Part II Results.- 5 Law of decreasing labor content.- 6 Wages and class divisions.- 7 Limits to growth and accumulation.- Part III Futures.- 8 Limits to capitalist development.- 9 Open problems of transition.-  Appendix A: Open Theoretical Problems.-  Appendix B: Technical Appendix.- Glossary.- References.- Index.