{"product_id":"9783032058614","title":"Energy Rents and Income Distribution: Are Wages and Profits Legitimate?","description":"\u003ch1\u003eEnergy Rents and Income Distribution: Are Wages and Profits Legitimate?\u003c\/h1\u003e \u003ch2\u003eBeaudreau, Bernard C.\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cspan data-olk-copy-source=\"MessageBody\"\u003eThis book explores into the dynamics of income distribution, challenging the established approaches of \u003c\/span\u003e19\u003csup\u003eth\u003c\/sup\u003e-century political economist Karl Marx and 21\u003csup\u003est\u003c\/sup\u003e-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. \u003c\/p\u003e\n\u003cdiv\u003e\n\u003cp\u003eIn 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 \u003cem\u003eseeking \u003c\/em\u003erather 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. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cp\u003eIntegrating scientific principles with economic theory, this book offers a unique approach to conversations surrounding income inequality.\u003c\/p\u003e\n\u003c\/div\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Palgrave Macmillan\u003c\/p\u003e \u003cp\u003ePublication Date: 2025-10-19\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9783032058614\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-032-05862-1\u003c\/p\u003e \u003cp\u003eDimensions: 210cm x148cm\u003c\/p\u003e \u003cp\u003ePages: 168\u003c\/p\u003e ","brand":"Springer Nature Switzerland","offers":[{"title":"Default Title","offer_id":44395274535052,"sku":"9783032058614","price":40.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783032058614.jpg?v=1776945924","url":"https:\/\/lateknightbooks.com\/products\/9783032058614","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}