Considering the failure of Reagonomics to restore United States economic competitiveness, this article advances a left strategy to accomplish that goal. The strategy involves controls on international capital mobility, a reduction in the military budget, a stimulative fiscal and monetary policy, and an incomes policy. With those in place full employment can be achieved; the condition which must be satisfied to create a high rate of productivity growth and to strengthen those struggling to achieve enhanced democratization and egalitarianism.
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