Capitalism and Corporatism
DOI link for Capitalism and Corporatism
Capitalism and Corporatism book
For Goldthorpe, the main problems of political economy in the post-war decades arose from the need to regulate inflation while maintaining steady growth and supporting full employment. This was the economic context in which corporatist agreements came to be negotiated in a number of countries. However, the decades of the 'long boom' came to an end with the economic crises of the 1970s, and Keynesian approaches to fiscal and demand management policy lost a good deal of their credibility. Goldthorpe's interpretation of the failings of the Keynesian era sets the scene for his analysis of the emergent trends in the 1980s. The political economy of the 'post-Keynesian era' is to a large extent the story of the variety of responses to the conflicts of the preceding decades.