
Volume 2, the second of two volumes dealing with the capitalist economy, contains Kalecki's studies on the theory of income distribution in oligopolistic capitalism and its economic dynamics. Osiatynski's editorial comments and annexes, besides giving valuable information on the background of the main texts, include illuminating correspondence between Kalecki and Keynes, Joan Robinson, and others.
This volume investigates the mechanisms of income distribution and economic dynamics within the framework of oligopolistic capitalism. Michal Kalecki, a prominent economist known for his independent development of macroeconomic theories, presents a rigorous analysis of how capitalist systems function. The text utilizes mathematical modeling and historical observation to argue that market structures dominated by a few large firms dictate the trajectory of economic growth and distribution. Through editorial commentary and primary source correspondence, the work situates Kalecki's theories within the broader context of 20th-century economic thought.
What You Will Find
Experts regard this collection as a foundational resource for understanding post-Keynesian economic theory and the specific contributions of Michal Kalecki. Readers frequently note the academic density of the prose, which requires a strong background in economic principles to fully grasp the technical arguments presented.
Page Count:
650
Publication Date:
1991-08-15
Publisher:
Clarendon Press
ISBN-10:
0198286643
ISBN-13:
9780198286646
No comments yet. Be the first to share your thoughts!