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Contributions to Political Economy, Vol. 16, No. 1, pp. 23-47, 1997


research-article

MARX AND KALECKI

PRUE KERR*

University of Notre Dame Freemantle, USA

Abstract

This paper aims to make explicit what Kalecki often left as understood in the more abstract presentations of his analysis. In particular, it identifies the starting point of his theories in the work of Marx and the classical economists. The first step in this demonstration is to establish the contribution to Marx' analysis of a capitalist mode of production to Kalecki's theories, both their analytical framework and content. The second is to consider the particular implications of Marx for Kalecki's theories of investment, pricing and technological change, and their interaction.


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