Inflation Politics with Tim Barker
The Dig
00:00
Economic Dominance in the Seventies
By the late 19 seventies, these various causes of crisis had led business to organize in a big way. And i think that that mobilization by business, which by 19 79 had become very, very powerful, was a big obstacle to any kind of o a centrally planned or direct control approached. I but contemporary observers are also keen to link the profit squeezed to excessive wages. You know, that that's more debatable, i think, empirically, but there is certainly felt need on the part of business.
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