Capital Inflation and the Multinationals, first published in 1971, provided a totally new perspective on the spread of inflation and expansion of multinational corporations, linking them in a common theory based on a thorough analysis of the modern role of capital financing in the global economy. The conclusions reached are still of interest and relevance to professional economists and students, political practitioners and commentators.

1. Introduction 2. It Is Not Just Words - Things Really Are Changing 3. Technology on the Rampage 4. The Advent of Multinationalism 5. The Case Against Wages 6. The All-Consuming Search for Capital 7. Cash-Flo-Flation 8. The Chemical Industry's Permanent Revolution 9. Petroleum International 10. Some Economic and Labour Responses to the New Sources of Inflation; Appendix: Labour Cost Tables