The focus of this book is the emerging economic confrontation
between European and U.S. capitalism at the end of the "golden age"
of capitalism in the late 1960s. Ernest Mandel here paints a
remarkably clear, comprehensive, and detailed portrait of trends at
that critical period. Mandel moves with ease from the most general
international problems to the specifics of corporate activity, and
few developments in the business and economic worlds seem to have
escaped his attention.
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