The Golden Age of Capitalism: Reinterpreting the Postwar Experience

Edited by Stephen A. Marglin and Juliet B. Schor

in OUP Catalogue from Oxford University Press

Abstract: 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.

Date: 1992
ISBN: 9780198287414
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