ABSTRACT

Originally published in 1978, the essays in this text discuss issues surrounding inflation, governmental roles in economic matters and varying economic systems and theories with a particular lean towards discussing capitalism evaluating how all of these factors affect the economic state of America. Mattick takes on the view that Economics is not an exact science and calls into question its predictive powers and as such, emphasises the issues that he felt needed most attention at the time of writing. This title will be of interest to students of economics and politics.

chapter 1|24 pages

The Crisis ofthe Mixed Economy

chapter 2|29 pages

Deflationary Inflation

chapter 3|24 pages

The Destruction of Money

chapter 4|11 pages

On the Concept ofState-Monopoly Capitalism

chapter 5|23 pages

State Capitalismand the Mixed Economy

chapter 6|29 pages

The Great Depressionand the New Deal