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The Structure of Class Conflict in a Kaleckian-Keynesian Model

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  • Tracy Mott

Abstract

This paper seeks to explore this issue of the existence and nature of class conflict within a picture of the economy that could be called Kaleckian-Keynesian. Though the particular model we will use owes somewhat more to Kalecki than Keynes, it hopefully does not violate the spirit of Keynes very much, and in fact it relies rather heavily on Keynes's appreciation of the rentier aspect of capitalism, a matter not discussed much by Kalecki. In addition, combining the ideas of Kalecki and Keynes we will find leads us to insights beyond what each saw by himself.

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  • Tracy Mott, 1989. "The Structure of Class Conflict in a Kaleckian-Keynesian Model," Economics Working Paper Archive wp_21, Levy Economics Institute.
    • Handle: RePEc:lev:wrkpap:wp_21
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    References listed on IDEAS

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    1. Beckerman, Wilfred & Jenkinson, Tim, 1986. "What Stopped the Inflation? Unemployment of Commodity Prices?," Economic Journal, Royal Economic Society, vol. 96(381), pages 39-54, March.
    2. Marc Jarsulic, 1988. "Financial Instability and Income Distribution," Journal of Economic Issues, Taylor & Francis Journals, vol. 22(2), pages 545-553, June.
    3. Harris, Donald J, 1974. "The Price Policy of Firms, the Level of Employment and Distribution of Income in the Short Run," Australian Economic Papers, Wiley Blackwell, vol. 13(22), pages 144-151, June.
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    1. Argitis, Georgios & Michopoulou, Stella, 2010. "Monetary Policy, Interest Payments, Income Distribution and the Macroeconomy," Review of Applied Economics, Lincoln University, Department of Financial and Business Systems, vol. 6(1-2), pages 1-11, April.

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