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The Golden Age of Capitalism : Reinterpreting the Postwar Experience

By: (Edited by) Juliet B. Schor , (Edited by) Stephen A. Marglin

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Ksh 13,200.00

Format: Paperback / Softback

ISBN-10: 0198287410

ISBN-13: 9780198287414

Series: WIDER Studies in Development Economics

Publisher: Oxford University Press

Imprint: Oxford University Press

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Jan 23rd, 1992

Print length: 340 Pages

Weight: 505 grams

Dimensions (height x width x thickness): 23.30 x 15.70 x 2.00 cms

Product Classification: General & world history
Postwar 20th century history, from c 1945 to c 2000
Macroeconomics
International economics
Economic history

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This study seeks to understand the rise and fall of the "golden age" of monetarist capitalism enjoyed by Western countries from the end of World War II until the 1960s. Blending historical analysis with economic theory, it questions the basis of present policy-making and provides policy proposals.
For some twenty years after the Second World War, Keynesian economic policies in countries of the capitalist West were successful in generating rapid growth with high employment. This `golden age of capitalism'' did not survive the economic traumas of the 1970s; nor has the more recent emphasis on monetarist policies and supply-side performance succeeded in regenerating comparable growth rates. Blending historical analysis with economic theory, this book seeks to understand the making and unmaking of this `golden age'', questions the basis of much present policy-making, and suggests alternative directions for policy.

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