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Simple Comparative Statics of Class Conflict in Kaleckian and Marxist Short-run Models

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  • Marc Lavoie

    (Department of Economics, University of Ottawa, 200 Wilbrod St., Ottawa (Ontario), Canada K1 N 6N5, mlavoie@uottawa.ca)

Abstract

The paper mainly has a pedagogical purpose. It develops a graphical basis for comparing the standard Kaleckian and Marxist macroeconomic short-run models. It takes into account effective demand on the one hand, and on the other hand the power struggle between workers and entrepreneurs over income shares.

Suggested Citation

  • Marc Lavoie, 1998. "Simple Comparative Statics of Class Conflict in Kaleckian and Marxist Short-run Models," Review of Radical Political Economics, Union for Radical Political Economics, vol. 30(3), pages 101-113, September.
    • Handle: RePEc:sae:reorpe:v:30:y:1998:i:3:p:101-113
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    Cited by:

    1. Marc Lavoie & Gabriel Rodriguez & Mario Seccareccia, 2004. "Similitudes and Discrepancies in Post-Keynesian and Marxist Theories of Investment: A Theoretical and Empirical Investigation," International Review of Applied Economics, Taylor & Francis Journals, vol. 18(2), pages 127-149.
    2. Schiavone, Ansel, 2023. "Labor market concentration and labor share dynamics for US regional industries," Economic Modelling, Elsevier, vol. 125(C).

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