The Golden Age of Capitalism : Reinterpreting the Postwar Experience
Book Details
Format
Paperback / Softback
Book Series
WIDER Studies in Development Economics
ISBN-10
0198287410
ISBN-13
9780198287414
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
23.30 x 15.70 x 2.00 cms
Ksh 13,200.00
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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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