Capital Resurgent: Roots of the Neoliberal Revolution by Gerard Dumenil
English | 7 May 2004 | ISBN: 0674011589 | 288 Pages | PDF | 10 MB
The advent of economic neoliberalism in the 1980s triggered a shift in the world economy. In the three decades following World War II, now considered a golden age of capitalism, economic growth was high and income inequality decreasing. But in the mid-1970s this social compact was broken as the world economy entered the stagflation crisis, following a decline in the profitability of capital.