Business cycles Book

The author, Robert Heilbroner, was a professor of economics and a convinced socialist back in the mid-20th century. In this book he argues that the capitalist system ("business civilization") has problems that will lead to central planning and thence to a socialist system. This book was written before the Reagan era and the fall of the Soviet Union and Communism, and also before the technological revolutions of computers, the internet and social media, so in retrospect I believe he was just plain wrong, even though he argues his case intelligently enough to make this a quite interesting read.