Capitalism Since 1945

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This book charts the development of capitalism in the post-war period and describes the challenges that the system has faced since 1945. It describes the measures that were taken to deal with the post-war slump and the ways in which most capitalist economies achieved steady growth and affluence in the 1950s and 1960s. It goes on to show how this boom was undermined by inflation and falling profits, and high unemployment ensued.