#30625
Mentioned in 2 episodes
The Political Aspects of Full Employment
An Essay
Book •
Michał Kalecki's "The Political Aspects of Full Employment" is a seminal essay that analyzes the political implications of full employment policies.
Kalecki argues that full employment, while beneficial for workers, could lead to increased worker assertiveness and demands that challenge the capitalist system.
This could result in a backlash from capitalists, potentially leading to policies that undermine full employment.
The essay highlights the inherent tensions between full employment and the interests of capital, offering a critical perspective on the relationship between economics and politics.
Kalecki's insights remain relevant today, providing a framework for understanding the political dynamics of economic policy and the challenges of achieving social and economic justice.
Kalecki argues that full employment, while beneficial for workers, could lead to increased worker assertiveness and demands that challenge the capitalist system.
This could result in a backlash from capitalists, potentially leading to policies that undermine full employment.
The essay highlights the inherent tensions between full employment and the interests of capital, offering a critical perspective on the relationship between economics and politics.
Kalecki's insights remain relevant today, providing a framework for understanding the political dynamics of economic policy and the challenges of achieving social and economic justice.
Mentioned by
Mentioned in 2 episodes
Mentioned by 
Joe Weisenthal and Jan Toporowski to explain the current economic dynamic and the instability of free markets.
Joe Weisenthal and Jan Toporowski to explain the current economic dynamic and the instability of free markets.
15 snips
Jan Toporowski Explains Why Capitalists Dislike Full Employment
Mentioned by 
Keir Milburn when discussing the political aspects of full employment and the potential reactions of capitalists to policies that create full employment.
Keir Milburn when discussing the political aspects of full employment and the potential reactions of capitalists to policies that create full employment.
ACFM Trip 47: Disruption
Mentioned by Keir Milburn when discussing the political aspects of full employment and the potential reactions of capitalists to state intervention.
Keir Milburn when discussing the political aspects of full employment and the potential reactions of capitalists to state intervention. ACFM Trip 47: Disruption
