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The Economic Process : An Instantaneous Non-Newtonian Picture - Carmine Gorga

The Economic Process

An Instantaneous Non-Newtonian Picture

By: Carmine Gorga

eText | 14 December 2009 | Edition Number 1

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The Economic Process transforms economic theory from a linear, sequential discipline into a structure in which events happen simultaneously and are strictly interrelated. Author Carmine Gorga describes the process of production of real goods and services, the automatic distribution of ownership rights over these goods and services, and the creation of money as legal representation of those rights, through financial instruments. Making minimal use of mathematics and an in-depth use of ancient tools of logic and epistemology, each module of the economic system is analyzed by itself and is then seen in relation to all the other elements of the economic process. Gorga undercuts the ideological polarization that exists today between the right and the left to provide only one political and sociological view of the economic problem: the problem of poverty.
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