After critiquing chaos, catastrophe, and complexity theories, showing their limitations in the contemporary era, Rich furthers the development of crisis theory and applies the crisis theory approach to biological and social evolution. Treating evolution in the context of crisis theory, he shows that as evolution is both genetic and social, social evolution is an extension of biological evolution. As physical evolution results from problem solving, social evolution develops from the solving of historically significant problems, bringing about, for instance, the post-World War II era of knowledge. In this context, Rich discusses the problems of our era, with an emphasis on the paradox of industrialization and its consequences for wealthy and poor nations alike. The paradox of industrialization is approached in terms of crisis theory and resolved.

DAVID Z. RICH is an economic consultant, independent researcher, and freelance writer. His earlier books include The Economic Theory of Growth and Development (Praeger, 1994) and Crisis Theory (Praeger, 1997).