In recent years a dramatic counter-revolution has taken place in economic theory and policy - a rejection of Keynesian interventionism and the re-assertion of the old orthodoxy. As in the 1930s, wage cuts and balanced budgets are seen as the way to improve competitiveness and solve unemployment. It appears we have learnt nothing from earlier experience. Arguing that economic policies have exacerbated the impact of world recession from which Britain should have been relatively immune, the author contends that the underlying issues are quality of output and consumption, the nature of work and a more equal sharing of the freedom and power that income and wealth confer.
- ISBN10 0140217754
- ISBN13 9780140217759
- Publish Date 30 August 1973
- Publish Status Out of Print
- Out of Print 8 September 1994
- Publish Country GB
- Imprint Penguin Books Ltd
- Format Paperback
- Pages 248
- Language English