Originally published in 1966, this book has enduring validity. In analysing the economic situation of the late 1960s Joan Robinson discusses the contradictions which arise from the need to readjust the organisation of society to the fantastic capacity for producing material wealth that capital accumulation and progress in technology have made possible. She maintains that the late twentieth century economic system is just an awkward corner in a continuing process of historical development .
Table of Contents
1. Incomes and Prices 2. The Balance of Trade 3. International Finance 4. Employment and Growth 5. Monopoly and Competition 6. Work and Property. Conclusion. Postscript: The Crisis of 1966.
‘...a very clever presentation of her arguments and shows how clearly Joan Robinson can translate from an abstract domain to a more familiar and colourful set of images.’ Prue Kerr, University of Adelaide