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Michał Kalecki and Rosa Luxemburg on Marx’s Schemes of Reproduction: Two Incisive Interpreters of Capitalism

In: The Legacy of Rosa Luxemburg, Oskar Lange and Michał Kalecki

Author

Listed:
  • G. C. Harcourt

    (University of New South Wales
    University of Cambridge
    University of Adelaide)

  • Peter Kriesler

    (University of New South Wales)

Abstract

In addition to his own contributions to economic thought, Tadeusz Kowalik has added substantially to our knowledge of three great Polish economists, Rosa Luxemburg, Oskar Lange and Michał Kalecki. He edited collections of their works and has contributed to our understanding of their contemporary relevance. He co-authored with Kalecki a sequel to the latter’s fundamental contribution to political economy, ‘Political aspects of full employment’ (Kalecki, 1943a), considering the question of whether a crucial reform had occurred in capitalist economies to allow full employment to be maintainable (Kalecki and Kowalik, 1971). Kowalik was joint editor of the Polish editions of the collected works of both Oskar Lange and (with Jerzy Osiatyński) Kalecki, as well as editing a new edition of Rosa Luxemburg’s The Accumulation of Capital. In addition, he has written extensively on the writings of Kalecki and Luxemburg, arguing that ‘Michał Kalecki’s theory is the best theoretical continuation and solution to the main problems that Rosa Luxemburg wanted to solve in her magnus opum’ [sic] (Kowalik, 2009: p. 102).

Suggested Citation

  • G. C. Harcourt & Peter Kriesler, 2014. "Michał Kalecki and Rosa Luxemburg on Marx’s Schemes of Reproduction: Two Incisive Interpreters of Capitalism," Palgrave Studies in the History of Economic Thought, in: Riccardo Bellofiore & Ewa Karwowski & Jan Toporowski (ed.), The Legacy of Rosa Luxemburg, Oskar Lange and Michał Kalecki, chapter 1, pages 9-18, Palgrave Macmillan.
    • Handle: RePEc:pal:pshchp:978-1-137-33560-9_2
    DOI: 10.1057/9781137335609_2
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    2. Yashin, Pete, 2016. "Кризис И Рост Неравенства. Оптимальный Путь Экономического Роста [The crisis and increasing inequality. The best equilibrium growth path]," MPRA Paper 73544, University Library of Munich, Germany.

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    Keywords

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    JEL classification:

    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • B24 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Socialist; Marxist; Scraffian
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory

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