Tag Archives: Kalecki

Why Don’t People Want Full Employment? Michal Kalecki’s 1943 Essay on Politics and Ideology

By Michal Kalecki*

I

1. A solid majority of economists is now of the opinion that, even in a capitalist system, full employment may be secured by a government spending programme, provided there is in existence adequate plan to employ all existing labour power, and provided adequate supplies of necessary foreign raw-materials may be obtained in exchange for exports.

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