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Social Democracy in Neoliberal TimesThe Left and Economic Policy since 1980$
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The Late Andrew Glyn

Print publication date: 2001

Print ISBN-13: 9780199241378

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199241378.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 23 October 2021

The Logic and Limits of Désinflation Compétitive

The Logic and Limits of Désinflation Compétitive

(p.110) 5 The Logic and Limits of Désinflation Compétitive
Social Democracy in Neoliberal Times

FrÉdÉrick Lordon

Oxford University Press

This chapter describes the enhancement of competence as subject to disinflation or the process of reduction of inflation rate incidence over a relatively short period of time — désinflation compétitive. The goal of this chapter is to present and draw insights from the essential characteristics of such an activity, which posts challenging explorations since the concept has no definite doctrine. Technical illustrations are compared with the traditional Keynesian economic paradigm. To avoid excessive expectations, the chapter clearly states the scope of its study — comparative research regarding the features and circumstances of the failed Programme Commun and the recently introduced Désinflation Compétitive;. The chapter also provides illustration and evaluation of the feasibility of a new economic policy model, focusing on Franc Fort, wages, reduction on public deficits, and organisational restructuring.

Keywords:   disinflation, désinflation competitive, Programme Commun, old Keynesian economic model

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