Economic Dominance in the Seventies

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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.

Inflation is once again at the center of political debate. Dan interviews Tim Barker to put monetary policy in its historical and class war context. Reading: Preferred Shares by Tim Barker phenomenalworld.org/analysis/wage-share email digradiopod@gmail.com for PDFs of the following two articles: The Vietnam War and the Political Economy of Full Employment by Dean Baker, Robert Pollin and Elizabeth Zahrt Class Conflict and the "Natural Rate of Unemployment" by Robert Pollin Support The Dig at Patreon.com/TheDig...and join The Dig's brand new Discord!