Problematyka slumpflacji w świetle rozwoju zachodniej teorii ekonomii w latach siedemdziesiątych

The article is an attempt at determination of some causes accounting for lower titan expected effectiveness of the economic policy in developed capitalist countries based on assumptions of the monetaristic theory of slumpflation. The author points at such shortcomings of that policy as: (1) errors in the very assumptions of the monetaristic theory of slumpflation, (2) contradiction between the postulates of the monetaristic trend for the economic policy and historical trends In development of capitalist economy and (3) sharpening of a conflict of interests between the capital and the working people against the background of the monetaristic regulation of the economy.