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The Golden Age of Capitalism – Reinterpreting the Postwar Experience | Oxford Scholarship Online
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The Golden Age of Capitalism: Reinterpreting the Postwar Experience

Stephen A. Marglin and Juliet B. Schor

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’, question the basis of much present policy-making, and suggest alternative di ... More

Keywords: Second World War, Keynesian, capitalist West, monetarist, supply-side performance, growth rates, historical analysis, economic theory, golden age

Bibliographic Information

Print publication date: 1992 Print ISBN-13: 9780198287414
Published to Oxford Scholarship Online: October 2011 DOI:10.1093/acprof:oso/9780198287414.001.0001

Authors

Affiliations are at time of print publication.

Stephen A. Marglin, editor

Juliet B. Schor, editor
Harvard University