This 1987 book brings together the series of papers Kalecki wrote, between 1940 and his death in 1970, on economic planning, that contain the germ of his theory of growth in a socialist economy. They also contain an intriguing analysis of economic planning in a socialist society. This analysis anticipates many of the tenets of the disequilibrium school of economists of the 1970s. In his introduction, Jan Toporowski argues that Kalecki's work on the theory of growth in a socialist economy is incomplete and has often consequently been misrepresented without the analysis presented in these papers, which are in this edition. This book will be of interest to all those interested in Kaecki's work, the economics of planning, and economic policy-making.
|Publisher:||Cambridge University Press|
|Product dimensions:||5.40(w) x 8.40(h) x 0.50(d)|
Table of ContentsList of abbreviations; 1. Introduction Jan Toporowski; 2. The essentials for democratic planning; 3. Workers' councils and central planning; 4. The vertically integrated firm as an element in the new economic model; 5. Outline of a new system of incentives and directives; 6. Central price determination as an essential feature of a socialist economy; 7. Observations on Labour productivity; 8. On the basic principles of long-term planning; 9. Problems in the theory of growth of a socialist economy; 10. The influence of the construction period on the relationship between investment and national income. 11. On the coefficient of capital tied up in construction; Notes; Index.