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Conflict And Effective Demand In Economic Growth

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Originally published December 7, 1989
Authors Peter Skott
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Date of Upd.
ID2369322
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About Conflict And Effective Demand In Economic Growth


All capitalist economies experience fluctuations in employment and economic activity around a long-term growth rate. How is this cyclical pattern of growth to be explained? Are the causes of fluctuations in output and employment to be found outside the system or are they intrinsic to the system? . . .

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