Industrial Age 工業化時代
Technology 技術	Mechanistsic Technology: 　機械技術 Mass Production of Goods & Services, 　財・サービスの大量生産 Pollutants as By-products 　副産物としての汚染
Institution 制度	Ownership (private, public and collective) -> Nation-states 私的・公的及び集団的所有制ー＞人為的国家
Mode of Production 生産様式	Markets by Separations: 　分離による市場の成立 Consumer from Producer 消費者と生産者 Employee from Employer 雇用者と被雇用者 Saver from Investor 貯蓄者と投資者 Land Owner from Tenant 土地所有者と賃貸者 Man from Nature 人間と自然
Economy 経済	Three Effete Paradigms: 　３つの陳腐な経済制度 Capitalist Market Economy 資本主義市場経済 Welfare Mixed Economy 混合福祉国家 Socialist Planned Economy 社会主義計画経済

Three Paradigms in Economics

�	Walrasian	Keynesian	Marxian
Economic Theory	General Equilibrium -> Existence of Market Equilibrium under Price-Wage Flexibility Economic Efficiency	Fix-price Analysis -> Market Disequilibria under Price and Wage Rigidities	Labor Theory of Value -> Exploitation of Workers by Capitalists and Economic Crisis under Unfair Income Distribution
Policy	Free Market Economy Small Government	Government Regulations Elite Control	Class Struggle Labor Control
International Economic Theory	Hechsher-Ohlin-Samuelson Theory -> World Equity	Neo-Ricardianism and Unequal Exchange Theory -> Rich North (DCs) and Poor South(LDCs)	Underdevelopment and Dependency Theory -> Economic Dependency and Stagnation of LDCs
Policy	Free Trade Laissez-faire Capitalism	Optimum Tariff Import-substitution Control through international institutions and organizations such as UN, World Bank and IMF	A Break from the World Capitalist System