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Table Of Contents

Introduction: The Puzzle of the End of the Boom
I. Supply-Side Explanations: A Critique
1. The ‘Contradictions of Keynesianism’
2. Conceptual Difficulties with the Supply-Side Thesis
3. Basic Evidence Against the Supply-Side Argument
4. From Criticism to an Alternative
II. Outline of an Alternative Explanation18
1. Cost-Cutting Technology Leading to Over-Production
2. The Failure to Adjust
3. Fixed Capital, Uneven Development and Downturn
4. The Postwar Economy from Boom to Stagnation
I. The Pattern of the Postwar Boom
Average Annual Rates of Growth
II. The US Economy: The Costs of Leadership
1. Towards Stagnation in the 1950s
2. Short-Term Recovery in the Early 1960s
1. The 1950s ‘Miracle’
IV. Japan’s ‘High-Speed Growth’
I. Descent Into Crisis
1.The United States
2. The Boom’s Final Phase in Japan and Germany
2a. Japan, 1965-70
2B. Germany, 1965-69
II. The Crisis Spreads
2. The Crisis of the German Economy, 1969-73
3. The Crisis of the Japanese Economy, 1970-73
Step 1. Deflation and Contraction
Step 2. Inflation and the Failure of Recovery
I. Why the Long Downturn?
1. Success and Failure of the Employers’ Offensive
3. The Growth of Debt
4. The Deepening Crisis
II. The Failure of Keynesianism, 1973-79/1982
1. The USEconomy in the 1970s
2. Japan in the 1970s
3. Germany in the 1970s
CHAPTER FIVE PROFITABILITY REGAINED?
I. The Long Downturn and the ‘Secular Trend’
II. A Long Upturn?
1. A New Age of US Growth and Hegemony?
2. A New Global Boom?
Note on Main Sources of Data
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Brenner Economics Global Turb

Brenner Economics Global Turb

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Published by Manish Nag

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Published by: Manish Nag on Sep 27, 2011
Copyright:Attribution Non-commercial

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