Capitalism's Failures: Tasks for the Democratic Left

Galbraith, John Kenneth
August 1975
New Republic;8/16/75, Vol. 173 Issue 7/8, p18
Discusses the failure of the democratic governments in all developed countries in controlling inflation while avoiding unemployment. Measures adopted by all countries to fight inflation and unemployment; Assertion of development of a satisfactory form of macroeconomic management strategy; Suggestion of a practical step toward achieving stability without unemployment.


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