The permanent war economy : American capitalism in decline / Seymour Melman.-

Preface.-

Preface to the revises edition. -

1- War economy and prosperity. -

2- How the military economy works: the firm. -

3- How the military economy works: the system. -

4- Unforeseen effects: decline of industrial efficiency.-

5- Unforeseen effects: societal failures from war-economy successes.-

6- Reality contradicts ideology.-

7- Limits of military power.-

8- Economic reconstruction without centralism.-

9- What is convertible and nonconvertible in war economy?

10- Does American capitalism need a war economy?

Appendix 1. Selected machines whose price index exceeded 150.0 by march 1970.-

Appendix 2. U.S. ratio of imports to consumption, 1970.-

Appendix 3. Data on factory closings and reduction in size.-

Appendix 4. Excerpt from testimony on military manpower planning.-

Appendix 5. Examples of civilian-military trade-offs.-

Appendix 6. Employment in military industry and bases, 1971.-

El autor argumenta fuertemente en contra de la arraigada teoría de que la economía bélica produce prosperidad. Demuestra, en cambio, que los enormes gastos en defensa han erosionado el espíritu competitivo de la industria norteamericana, precipitando de esta manera el declive de su poderío industrial.