Economic Crisis and Political Economy

Rosa Luxemburg, Oskar Lange and Micha? Kalecki made important contributions to twentieth century political economy that guided the thinking of their student Tadeusz Kowalik. The chapters of this volume examine how the ideas of Luxemburg, Lange, Kalecki and Kowalik can illuminate our understanding of the crisis in twenty-first century capitalism.

Auteur
Ewa Karwowski, The School of Oriental and African Studies, University of London, UK Riccardo Bellofiore, University of Bergamo, Italy Jan Toporowski, The School of Oriental and African Studies, University of London, UK Alberto Chilosi, University of Pisa, Italy John King, La Trobe University, Australia Gary Dymski, University of Leeds, UK D. Mario Nuti, University of Rome, Italy Alessandro Vercelli, University of Siena, Italy Kazimierz Laski, Johannes Kepler University, Austria Leon Podkaminer, The Vienna Institute for International Economic Studies, wiiw, Austria Edwin Le Heron, University of Bordeaux, France Malcolm Sawyer, University of Leeds, UK Janusz Tomidajewicz, Poznan University of Economics, Poland Pat Devine, Manchester University, UK Paul Mattick, USA Marc Lavoie, University of Ottawa, Canada Paul Auerbach, Kingston University, London, UK Dimitris P. Sotiropoulos, National Technical University of Athens, Greece

Contenu
Introduction; Riccardo Bellofiore, Ewa Karwowski and Jan Toporowski 1. The Economic System as an End or as a Means and the Future of Socialism: an Evolutionary Viewpoint; Alberto Chilosi 2.Whatever Happened to the Crucial Reform?; John King 3. 'Crucial Reform' in Post-War Socialism and Capitalism: Kowalik's Analysis and the Polish Transition; Gary Dymski 4. Micha? Kalecki's Political Cycle from Today's Perspective: An introduction; D. Mario Nuti 5. Political Aspects of Persisting Unemployment: Kalecki and beyond; Alessandro Vercelli 6. The Dynamics of Competition; Ewa Karwowski 7. Net Private Savings in Relation to the Government's Financial Balance; Kazimierz ?aski and Leon Podkaminer 8. Confidence, Increasing Risk and Crisis in a Post-Kaleckian Stock-Flow Consistent Model; Edwin Le Heron 9. Kalecki's Analysis and the Great Recession; Malcolm Sawyer 10. Systemic and Structural Sources of Present Crisis and 'The Accumulation of Capital' by Rosa Luxemburg; Janusz Tomidajewicz 11. Capitalism, Crisis, Growth and Ecology; Pat Devine 12. Trend and Cycle: On the Timeliness of Grossman's Breakdown Theory; Paul Mattick 13. Macroeconomic Paradoxes with Kalecki and Kaleckians; Marc Lavoie 14. Revisiting the Socialist Calculation Debate: The Role of Finance in Hayek's Response to Lange's Challenge; Paul Auerbach and Dimitris P. Sotiropoulos References Tadeusz Kowalik: A Bibliography