Econophysics Impact
Another useful approximation is to consider the
B phase in the ideal gas limit, where
. In this case
and
. The latter constant energy difference represents savings, which are typical for the
B phase only. Hence,
and
, where
is the molar social heat capacity at constant volume. The molar social enthalpy of bourgeoisie equals to
, where the molar social heat capacity at constant pressure obeys the Mayer law
. Since people live in pairs on the Earth surface, they possess 6 degrees of freedom. Thus
and the kinetic energy
becomes equal to the potential savings at the critical temperature. The molar social entropy of the ideal gas reads
The first term, which represents the so-called chemical constant, is the savings entropy
. Altogether, the exploitation being the molar Gibbs free energy
acquires the form:
Naturally, inflation leads to an increase in the exploitation of capitalists due to necessary investments at constant temperature. The first term accounts for the passive savings exploitation, traditionally used by banks. Introducing the social pressure from Eq. (6) in Eq. (8), the Gibbs potential for the
A liquid phase acquires the following form, which depends solely on temperature,
Equation (9) shows remarkably that the positive exploitation in capitalism becomes negative in communism. Mandatory taxation by capitalist governments will be replaced by free will donations to communist society to sustain. The corresponding entropy
of the
A phase increases logarithmically with temperature and the entropy difference
coincides with Eq. (5) in the ideal gas limit. Since
is constant, a single worker does not work,
. On the other hand, because the savings
are constant, it follows that
. Hence, the work done by a capitalist
is due to heat exchange between the two social phases. Substituting here
for the ideal gas yields
Clearly,
shrinks over time, which is due to quicker increase of the number of capitalists
than the economic growth. Using Eq. (6) one can relate the inflation to the work:
As is seen, the positive operation of the economy generates compulsory inflation, but this effect declines moderately with temperature increase. At present 75% of the work produces inflation, which will drop to 50% at the critical point. Employing Eq. (3) in Eq. (11) the US economic power will increase from 4.4% to 6.6%, respectively.
The last expression in Eq. (10) is very important, showing that
is the real potential driving the economy. Thus, the source for economic expansion is proletariat liberation with the hope of becoming free capitalists. On the other hand, paraphrasing Marx the gravedigger of capitalism is the
increase, because it is due to social temperature rise. As was mentioned in the beginning, the driving force of the social evolution is the Second Law of thermodynamics. Assuming constant proletariat entropy production
, which is minimal according to the laws of nonequilibrium thermodynamics, the social temperature must exponentially grow:
The numerical constants here are obtained by fitting the empirical temperature from
Figure 1. Thus, the molar entropy
increases by 4% annually, which is a reasonable constant economic power [
10]. The temperature from Eq. (12) leads via Eq. (11) to inflation
, which depends on
. It decreases from 5.3% at the triple point via 3.0% at present to 2.0% at the critical point. Surprisingly, the latter corresponds to the healthy level of inflation sought by the central banks. Because of declining inflation, the onset of communism in the USA will be postponed from the previous estimate via the model of constant inflation from Eq. (3). In any case, however, it will come no later than a century from now.
Traditionally used economic indicators are calculated per capita. According to the present theory the internal energy per capita
depends on the molar fraction of capitalists
, playing a role of extra temperature. As mentioned above,
increases much quicker than temperature
, which can explain the observed robust economic growth. Indeed, adopting the Pareto distribution
, where
is a parameter [
4], the energy per capita becomes
. Hence, capitalism will accelerate dramatically [
10] near its end. Since
the social temperature increases over time as plotted in Figure 1, also grows continuously by sucking energy from the environment because society is not an isolated system.