Inflation is the economic plague of the modern world, completely undermining conventional theory and policies for its containment, and setting governments, management and labour on a dangerous collision course. Its alarming spread is only paralleled by the expansion of multinational corporations, some of them more economically powerful than nation states. This book, first published in 1971, provided a totally new perspective on these phenomena, linking them in a common theory based on a thorough analysis of the modern role of capital financing in the global economy. It demonstrates the impact of technology on self-financing growth and explains why the present inflation can never ben stemmed by attacks on wage costs when the source lies in the need of managements to maximise cash flows. Alternative economic policies are discussed, including proposals for creating assets for workers in the self-financing investment. Charles Levinson draws together the strands of his subject in a way which is comprehensive and rigorous, yet easily accessible to the more general reader. The conclusions reached in Capital Inflation and the Multinationals are still of great interest and relevance to professional economists and students, political practitioners and commentators.
"synopsis" may belong to another edition of this title.
Shipping:
US$ 13.31
From United Kingdom to U.S.A.
Book Description Condition: Good. Your purchase helps support Sri Lankan Children's Charity 'The Rainbow Centre'. Ex-library, so some stamps and wear, but in good overall condition. Our donations to The Rainbow Centre have helped provide an education and a safe haven to hundreds of children who live in appalling conditions. Seller Inventory # Z1-E-008-01877
Book Description Condition: Good. 1971. 1st Edition. Hardcover. Includes bibliographical references. 3-229 p. illus. 21 cm. Dust wrapper. A good clean copy. Small tear to the front of the dw. Not a first edition copy. . . . Books ship from the US and Ireland. Seller Inventory # KEX0143740
Book Description Condition: Good. 1971. 1st Edition. Hardcover. Includes bibliographical references. 3-229 p. illus. 21 cm. Dust wrapper. A good clean copy. Small tear to the front of the dw. Not a first edition copy. . . . Seller Inventory # KEX0143740
Book Description Condition: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,400grams, ISBN:0043301967. Seller Inventory # 9112817
Book Description Hb. Condition: Good. Dust Jacket Condition: Good. 229pp. Seller Inventory # 014697