Download or read book Macroeconomic Policy and the Future of Capitalism written by John Smithin and published by Edward Elgar Publishing. This book was released on 1996 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addresses the revolution in macroeconomic policy of the last quarter of the 20th century and the movement away from concerns with employment and growth in favor of financial variables such as inflation and exchange rates. Argues that this financial reaction in macroeconomic policy is the result of a shift in political power in favor of financial interests and away from labor and manufacturing, and that it results in a high rate of return but poor economic performance. Paper edition (745-7) $20.00. Annotation copyrighted by Book News, Inc., Portland, OR