Theme: Political Economy | Content Type: Journal article

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Political Aspects of Full Employment: A Reassessment of Kalecki

Andrew Henley

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Stefan Gessert

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Michal Kalecki’s classic article “Political Aspects of Full Employment”, published in The Political Quarterly in 1943,’ suggested a possible ambivalence of business interests in capitalist economies to the maintenance of full employment. It is still extensively cited in the economics, political science and sociology literatures. (The Social Science Citation Index records over 50 citings in the journal articles of other authors to Kalecki’s paper since 1980.)

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Volume 96, Issue 3

Latest Journal Issue

Volume 96, Issue 3

This issue features a collection titled 'The Intellectual and Political Legacy of David Marquand', who died in April 2024, edited by Colin Crouch, Ben Jackson and Peter Sloman. In this collection, authors including Jean Seaton, Will Hutton and Hilary Wainwright consider Marquand's legacy as a great progressive thinker, his biography of Ramsay MacDonald, Labour's first prime minister, and the role of socialism for Marquand. Other articles include a commentary by Deborah Mabbett titled 'Welfare reform by numbers'; Jeremy Gilbert and Alex Williams on 'The Vices of Values: Matthew Goodwin and the Politics of Motivation'; Helen McCarthy on 'Why the WASPI has no Sting: Gender, Generation and Pension Inequalities'; and Sam Taylor Hill, Tariq Modood and John Denham on 'Multicultural Nationalism: Saving the White Working Class from Blue Labour?' A selection of book reviews feature Edmund Fawcett's review of 'Nationalism: A World History' by Eric Storm and Samuel Cohn's review of 'Controlling Contagion: Epidemics and Institutions from the Black Death to Covid' by Sheilagh Ogilvie.

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