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Selected Essays on the Dynamics of the Capitalist Economy, 1933-1970, 1971. Selected Essays on the Economic Growth of the Socialist and the Mixed Economy, 1972. The Last Phase in the Transformation of Capitalism, 1972. Essays on Developing Economies, 1976.

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Abstract. Two approaches have been taken by economists writing on Kalecki and Keynes. The first picture is broad, comparing and contrasting the two as political economists. 1 The narrower approach is a consideration of whether Kalecki anticipated important elements of Keynes’s General Theory.This chapter pursues the latter issue, critically discussing the literature on Kalecki and Keynes in.

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Michal Kalecki (1971). “Selected Essays on the Dynamics of the Capitalist Economy 1933-1970”, p.85, CUP Archive 4 Copy quote. It is indeed paradoxical that, while the apologists of capitalism usually consider the 'price mechanism' to be the great advantage of the capitalist system, price flexibility proves to be a characteristic feature of the socialist economy. Michal Kalecki. Socialist.