Abstract
The Polish economist, mathematician, and statistician Michael Kalecki (1899-1970) is best known as a radical figure in the circle around the reforming English economist John Maynard Keynes. Kalecki contributed to the debates sparked off by Keynes's attack on the orthodoxy, as widespread in his time as it is in ours, that economic depression and instability can only be resolved by freeing "market forces" and greater competitiveness. Compared to his so-called "Keynesian" economics, Kalecki's work on the economics of socialism appears fragmentary and seemingly confined to Eastern European problems, even to sympathetic commentators like Osiatynski and Nuti.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website.
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