The End of the Golden Age of Capitalism

Michael Perelman

Chapter Chapter 2 in The Confiscation of American Prosperity, 2007, pp 17-29 from Palgrave Macmillan

Abstract: Abstract American business went through a series of dramatic changes during the first part of the twentieth century—none more traumatic than the Great Depression, which only ended when World War II revived the U.S. economy. The war not only revived prosperity but also paved the way for several decades in which the U.S. economy flourished as it never had before.

Keywords: Business Cycle; Government Spending; Great Depression; Democratic Party; Full Employment (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-60706-4_2

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DOI: 10.1057/9780230607064_2

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