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

Marc Lavoie

Review of Radical Political Economics, 1998, vol. 30, issue 3, 101-113

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.

Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:30:y:1998:i:3:p:101-113

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