Michal Kalecki On A Socialist Economy PDF Download

This fourth volume in a new definitive seven-volume edition in English of the works of Michal Kalecki contains his writings on the theory of growth of a socialist economy and the theory of economic efficiency of investment, supplemented by essays on some economic and social problems of People's Poland. Though quite theoretical in nature, the Introduction to the Theory of Growth in a Socialist Economy and Kalecki's many studies in the theory of economic efficiency of investment projects are all deeply rooted in his practical experience as an economic planner. It is only in this light that the significance of his contributions to the theory of growth in a socialist economy and the theory of economic efficiency of investments can be assessed, and his ideas on socialist reproduction can be seen as a whole. Its central point is economic planning, which for Kalecki was the fundamental feature of a socialist economy. The editorial notes and annexes at the end of the volume not only provide invaluable background information and explanatory glossing to the main text, but also give - in many cases for the first time in published form - invaluable insights into the development of Kalecki's thought through his correspondence with Canes, Joan Robinson, and others.