The unstable economy: booms and recessions in the United States since 1945 / by Victor Perlo.

Includes appendices: Appendix 1: Trends in rate of exploitation of labor -- Appendix II. Net government additions to mass consuming power.

Tables and charts include detailed economic statistics.

Includes bibliographical references (pages 221-226) and index

I. Introduction -- II. Why cycles? -- III. The main contradiction -- IV. Offsets to increasing exploitation -- V. The profit cycle -- VI. Financial contradictions -- VII. Inflation -- VIII. The Keynesian theory and its application -- IX. The government, the cycle, and economic growth -- X. Militarism, economic growth, and the business cycle -- XI. Uneven development and the world monetary crisis -- XII. World trends in business cycles and their political setting -- XIII. Outline of a people's economic program.

"Confusion of the issues of inflation, unemployment, the dollar crisis, military spending and economic growth reigns today as never before. These are the problems tackled in the the first serious U.S. Marxist-Leninist study of business cycles in recent years. The author has undertaken a political-economic analysis of the current recession, the longest in 35 years, and shows it to be the historic social and political consequence of the workings of the systems. He discusses a people's program for controlling the cycle and spurring the kind of growth that benefits the majority." -- back cover.