Stagflation : a radical theory of unemployment and inflation / Howard J. Sherman.

Tables include detailed economic statistics.

The author dedicated this book to the memory of Paul Robeson, who died on January 23, 1976.

Includes bibliographical references (page 244) and index.

1. The human impact of stagflation -- 2. Capitalism and effective demand -- 3. Inequality and consumer demand -- 4. Investment and profits -- 5. Unemployment -- 6. Inflation -- 7. Monopoly power -- 8. Monopoly and stagflation -- 9. Government and stagflation -- 10. Stagflation in international capitalism -- 11. What is to be done? The need for socialism and democracy.

This book is "the first radical text to concentrate on unemployment and inflation. The topics treated in STAGFLATION are those that most interest radical economists: cyclical unemployment: how and why it occurs; how and why, in the midst of unemployment, high rates of inflation occur; income distribution in the United States and the exploitation of labor; the effects of demand according to classical, Keynesian, and Marxist philosophies; the limits of consumption; prices, costs, and investment; the profit squeeze at the peak of expansion; monopoly, profit push, and inflation; monopoly, profit push, and unemployment; women and minorities under stagflation; the international spread of stagflation; capitalist government and stagflation; what is to be done: the need for socialism and democracy. The style is informal, with a minimum of economic jargon and mathematics. This book is ideal for those who agree with the radical and socialist approach to economics--and those who want to criticize it." --From the book cover