Democracy and Productivity in the Future American Economy

Lou Ferleger and Jay R. Mandle
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Lou Ferleger: Economics, University of Massachusetts, Boston, MA 02125.
Jay R. Mandle: Economics, Temple University, Philadelphia, PA 19122.

Review of Radical Political Economics, 1987, vol. 19, issue 4, 1-15

Abstract: Considering the failure of Reagonomics to restore United States economic competitiveness, this article advances a left strategy to accomplish that goal. The strategy involves controls on international capital mobility, a reduction in the military budget, a stimulative fiscal and monetary policy, and an incomes policy. With those in place full employment can be achieved; the condition which must be satisfied to create a high rate of productivity growth and to strengthen those struggling to achieve enhanced democratization and egalitarianism.

Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:19:y:1987:i:4:p:1-15

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