Capitalism, economic dynamics

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 R...

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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.

Contents
The Determinants of Distribution of National Income 3

Price Structure and Output at an Increased Degree 15

Money and Real Wages 21
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Contents
The Determinants of Distribution of National Income 3

Price Structure and Output at an Increased Degree 15

Money and Real Wages 21

Price Index of Finished Industrial Products Sold in 41

Index of Real Wages Based on Prices of Industrial 47

The Supply Curve of an Industry under Imperfect 51

Ratio of Proceeds to Prime Costs and the Index 67

Ratio of Proceeds to Prime Costs and Output Index 69

Gross Income of the Private Sector and Profits in 258

Index of Velocity of Circulation and the ShortTerm 265

Average Yield of Consols and Average Discount Rate 272

Determination of Investment in Fixed Capital in the USA 294

Erratic Shocks and Cyclical Fluctuations 317

The Impact of Armaments on the Business Cycle after 351

Schematic Impact of Armaments on Wages and Profits 364

Economic Problems of Production Automation in Capitalist 374

More
A Theory of LongRun Distribution of the Product 79

Real Value of Fixed Capital and Prices of Investment 86

A Model of Hyperinflation 90

Class Struggle and Distribution of National Income 96

A Theorem on Technical Progress 107

Studies in Economic Dynamics 117

Percentage Gross Margin in the US Manufacturing 131

Yields of Consols and Discount Rate 147

A New Approach to the Problem of Business Cycles 191

An Essay on Cyclical 205

Capital Intensity and the Ratio of Proceeds 218

Analysis of Changes in the Relative Share of Wages 228

Relative Share of Wages in Value Added in 231

Approximation to the Index of Relative Share of Wages 234

Determination of Profits in the USA 19291940 250

The Economic Situation in the USA 19561961 386

National Income Consumption per Head 387

Economic Aspects of West German Rearmament 402

Observations on the Theory of Growth 411 435

The Problem of Effective Demand with TuganBaranovsky 451

The Marxian Equations of Reproduction 459

Observations on the Crucial Reform with Tadeusz Kowalik 467

M Kalecki Mr Whitman on the Concept 486

L Krzywicki Preface to Money and Real Wages 519

J Steindl Some Comments on the Three Versions 597

Kaleckis 12 Lectures on Dynamics of Capitalist Economy 605

A Pesenti and T Kowalik on the Crucial Reform 611

Index of Names 617

Copyright
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