The Last Phase in the Transformation of Capitalism


Aakar Books, New Delhi, 2011


124 pages

Price INR 195.00
Book Club Price INR 147.00
INR 195.00
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This volume includes six essays, the first dating from 1935 and the last from 1967, by one of the outstanding economists of our time. The economics presented in this volume is political economy worthy of the name: a discipline which shows us the social relations, in particular the class and group conflicts, behind the economic quantitative relations. Michal Kalecki, as Joan Robinson has pointed out, anticipated the Keynesian system, from a training in the field of Marxist economics. The translation to English was executed by the author himself, just before his death in April 1970.

Michal Kalecki

Michal Kalecki (1899-1970) was a Polish economist.